The agreement expands Al Sagr’s commercial motor insurance portfolio under standard business terms.
Al Sagr Cooperative Insurance Co. signed on June 28 a contract with Key Rent a Car Co. Ltd (Key Car Rental) to provide commercial motor comprehensive insuranceservices for one year starting July 1, 2026. 
The contract value exceeds 5% of the gross written premiums (GWPs) as per audited financial statements for 2025, Al Sagr Insurance said in a statement to Tadawul.
The deal is expected to have a positive impact on the insurer’s financial results for 2026-2027. It included no related parties, the statement added.
Al Sagr Insurance confirmed the deal included no preferential terms and fell within the normal business activity of the company.
The agreement expands Al Sagr’s commercial motor insurance portfolio under standard business terms.
Al Sagr Cooperative Insurance Co. signed on June 28 a contract with Key Rent a Car Co. Ltd (Key Car Rental) to provide commercial motor comprehensive insuranceservices for one year starting July 1, 2026.
The contract value exceeds 5% of the gross written premiums (GWPs) as per audited financial statements for 2025, Al Sagr Insurance said in a statement to Tadawul.
The deal is expected to have a positive impact on the insurer’s financial results for 2026-2027. It included no related parties, the statement added.
Al Sagr Insurance confirmed the deal included no preferential terms and fell within the normal business activity of the company.
