Logo ofAl Sagr Cooperative Insurance Co.
Al Sagr Cooperative Insurance Co. announced that Fitch Ratings revised its outlook on the company to “Stable” from “Negative.” 
Fitch affirmed the company’s Insurer Financial Strength (IFS) rating at “BBB” and National Long-Term IFS rating at “A+(sau),” according to an Aug. 30 statement to Tadawul.
The outlook revision reflects improved underwriting performance in H1 2026, in line with market performance and its enhanced governance, the insurer said, noting that no costs are associated with that event.
According to Argaamdata, Fitch affirmed the company’s IFS rating at “BBB” and National Long-Term rating at “A+(sau)” in September 2025, removing both ratings from Rating Watch Negative while maintaining a “Negative” outlook.
Logo ofAl Sagr Cooperative Insurance Co.
Al Sagr Cooperative Insurance Co. announced that Fitch Ratings revised its outlook on the company to “Stable” from “Negative.”
Fitch affirmed the company’s Insurer Financial Strength (IFS) rating at “BBB” and National Long-Term IFS rating at “A+(sau),” according to an Aug. 30 statement to Tadawul.
The outlook revision reflects improved underwriting performance in H1 2026, in line with market performance and its enhanced governance, the insurer said, noting that no costs are associated with that event.
According to Argaamdata, Fitch affirmed the company’s IFS rating at “BBB” and National Long-Term rating at “A+(sau)” in September 2025, removing both ratings from Rating Watch Negative while maintaining a “Negative” outlook.
