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About Us

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (MEDGULF) is a Saudi licensed closed joint-stock Company operating in the Kingdom of Saudi Arabia in order to practice cooperative insurance business under the Saudi Arabian Monetary Agency (SAMA) regulations.

With a grand history of over 26 years in the insurance business and over a decade of experience in the Kingdom, MEDGULF is considered one of the largest cooperative insurance companies in terms of paid up capital (SR 400,000,000) and boasts a portfolio of over one million clients in the country today.

MEGULF KSA was rated (A-) Counterparty credit and insurance financial strength by standard & poor’s ratings services on 18/5/2011. This rating was based on MEDGULF KSA strong operating performance, liquidity and financial stability.  This rating puts MEDGULF amongst the international insurance companies.

Our team of technically equipped and highly qualified professionals has succeeded in delivering tailor-made solutions to all forms of insurance problems gaining a prominent reputation and position in the insurance market.

We cover a wide spectrum of services from complex products associated with engineering, aviation and industry to Medical Insurance (Individual/ group), and Group Life.