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Oman Re's underwriting profit more than doubles

Oman Reinsurance Co. SAOC’s underwriting profits jumped 127% year-on-year to nearly 3 million Omani rial ($7.4 million) in the first nine months of the year despite high market volatility. ....

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First Omani risk pool for natural disasters to launch in 2H 2022

Natural perils: Oman Reinsurance, Oman’s first and only reinsurer, to manage Omani Natural Catastrophe PoolGalvanised by the spate of adverse weather events that have pummelled. ....

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Muscat Stock Exchange ends in positive territory

MUSCAT: The Muscat Stock Exchange (MSX) 30 Index closed in the positive territory after having fallen for four consecutive years, from 2017 through to 2020, according to investment advisory firm Ubhar Capital (U-Capital). As is the case with its Gulf peers, the Sultanate of Oman’s economic prospects are closely dependent on oil price movements, and this. ....

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Oman Re's premium grows 11% | Business Insurance

Oman Reinsurance Co. SAOC's gross written premium increased 11% year-on-year to almost 24 million Omani rial ($62.7 million) in the first nine months of the year. ....

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Oman Re's net profit soared 78% | Business Insurance

Oman Re's net profit soared 78% | Business Insurance
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