AM Best confirmed Oman Insurance Company’s ratings
AM Best has confirmed the financial strength A rating with negative outlook granted to Oman Insurance Company. This rating reflects the company’s excellent underwriting performance and its position as a leader on the Emirati market.
The changes in its level of risk-adjusted capitalization, the significant exposure of its parent company (Mashreq Bank) to equities’ markets and the latter’s financial strength are negative factors.
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Fri, 19/04/2013 - 16:45
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