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Al Sagr

Al Sagr National Insurance Company is a Dubai insurer incorporated in 1979 and listed on the Dubai Financial Market. Its Yachts and Pleasure Crafts Insurance covers physical loss or damage, third party liability and crew and passenger liabilities.

Al Sagr boat and yacht insurance

Al Sagr's page describes cover against physical loss or damage to the yacht or craft, third party liability, and crew and passenger liabilities. It publishes no wording, proposal form or limits.

Boat, yacht and jet ski products
ProductTypeWhat it is
Yachts & Pleasure Crafts InsuranceYachts and pleasure craftPhysical loss or damage, third party liability, crew and passenger liabilities.3
What the cover includes
CoverWith this insurerDetails
Physical loss or damage to the yacht or craftIncluded3
Third party liabilityIncluded3
Crew and passenger liabilitiesIncluded3

How to claim with Al Sagr

Steps

  1. Report the claim or loss by email to generalclaims@alsagrins.ae.3

Not happy with a claim? How to complain about an insurer.

About Al Sagr

Legal name
Al Sagr National Insurance Co. (PSC)
Founded
Incorporated 25 December 19791
Type
Multi-line national insurance company5
Listed on
Dubai Financial Market, symbol ASNIC, listed 4 December 20051
Headquarters
Al Sagr National Insurance Building, Diplomatic Area, Al Seef Road, Bur Dubai7
Central Bank
Listed in the Central Bank of the UAE register, September 2026, number 162

Financial strength

Rating agency grades
AgencyGradeCoversDate
AM BestWithdrawn at the company's request, after an affirmation at B (Fair) with a negative outlook4UAE company1 Apr 2022

Contact Al Sagr

Sources

7

1Dubai Financial Market, Al Sagr National Insurance Company PJSC profile. Last checked 12 Nov 2026. Source document: Al Sagr National Insurance Company PJSC profile

2Central Bank of the UAE, CB Register September of 2026. Last checked 12 Nov 2026. Source document: CB Register September of 2026

3Al Sagr Insurance, Yachts & Pleasure Crafts Insurance. Last checked 12 Nov 2026. Source document: Yachts & Pleasure Crafts Insurance

4AM Best, via Business Wire, AM Best Withdraws Credit Ratings of Al-Sagr National Insurance Company P.S.C.. Last checked 12 Nov 2026. Source document: AM Best Withdraws Credit Ratings of Al-Sagr National Insurance Company P.S.C.

5Al Sagr Insurance, About Al Sagr. Last checked 12 Nov 2026. Source document: About Al Sagr

6Al Sagr Insurance, Customer Services. Last checked 12 Nov 2026. Source document: Customer Services

7Al Sagr Insurance, Contact Us. Last checked 12 Nov 2026. Source document: Contact Us

Owner
Yachtinsurance.ae research team
Last review
Next review due
11 May 2027
Status
Published

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