Oman Insurance Company: Results for the first nine months of 2020

Oman InsuranceDespite the coronavirus pandemic, Oman Insurance Company achieved a 3.5% turnover increase as of 30 September 2020. The latter went from 2.8 billion AED (762.24 million USD) in the first three quarters of 2019 to 2.9 billion AED (789.43 million USD) twelve months later.

The Emirati insurer's net profit stood at 160.2 million AED (43.6 million USD) at the end of September 2020, an increase of 11% over one year.

Established in 1975, Oman Insurance operates in the United Arab Emirates, Oman and Turkey.

Read also | UAE insurance market

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