Al Sagr to provide health insurance coverage to NSH employees

20/11/2025 Argaam
Al Sagr expects a positive impact on its financial results for 2025 and 2026 from this deal

Al Sagr expects a positive impact on its financial results for 2025 and 2026 from this deal

Al Sagr Cooperative Insurance Co. received today, Nov. 20, the firm order of a medical insurance policy for Nasser Saeed Al Hajri & Partners for Contracting Co. (NSH) to cover their employees and dependents.

 

In a statement to Tadawul, the company said that the contract value exceeds 5% of its gross written premiums (GPMs), as per the 2024 audited income statement.

 

It added that the one-year contract extends from from Nov. 11, 2025, until Nov. 10, 2026.

 

Al Sagr also expects the contract to have a positive impact on its financial results for 2025 and 2026.

 

It confirmed that no preferential treatment has been given in this contract, as it falls within the normal course of doing business.

 

According to data available with Argaam, Al Sagr’s GPMs amounted to nearly SAR 601.8 million, as per the 2024 audited income statement.

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