Fitch Ratings affirms Al Sagr’s rating

Fitch Ratings has affirmed Al Sagr Cooperative Insurance Company’s “BBB” Financial Strength Rating and “A+ (sau)” National Scale Rating, while revising the outlook from negative to stable.

The outlook revision reflects the company’s improved underwriting performance in 2026, as well as the continued implementation of corrective measures aimed at meeting the requirements of the Insurance Authority (IA).