Oman Re
![]() | DATE OF CREATION: 2009, Oman |
CLASS OF BUSINESS: Non life | |
MAIN UNDERWRITING ZONES: Middle East and Africa |
Oman Re : contact
Address: Coral Building, 6th Floor- Al Khuwair South, P.O. Box : 1968 Code 114. Mascate, Oman |
Tel : +968 2439 7700 - 702 |
Fax: +968 2439 7777 |
Email: info [at] omanre [dot] com [dot] om |
Website: www.omanre.com |
Oman Re : rating
Agency | Rating | Outlook |
Fitch Rating | BB+ | Negative |
Oman Re: main indicators
In thousands USD2018 | 2019 | 2020 | |
Turnover | 58 107 | 53 091 | 64 431 |
Shareholder’s equity | 57 990 | 60 024 | 66 591 |
Net result | 1 716 | 2 118 | 3 772 |
Read also | Oman Re: sales increase in Q1 2022
Oman Re : Turnover by class of business
In thousands USD
2020 premiums | In % | |
Property damage | 48 974 | 76.01% |
Motor | 4 105 | 6.37% |
Marine | 3 212 | 4.99% |
Others | 8 140 | 12.63% |
Total | 64 431 | 100% |
Oman Re: capital and shareholding
Shareholders | In % |
Trust Re | 29.97% |
Qatar General Insurance & Reinsurance | 24.58% |
Omar Zawawi Establishement | 15.5% |
Qatar General Insurance & Reinsurance | 10% |
Others | 19.95% |
Oman Re: technical ratios
2018 | 2019 | 2020 | |
Net loss ratio | 66.50% | 62.10% | |
Management expenses ratio | 35.19% | 35.84% | |
Net combined ratio | 101.69% | 97.94% |
Oman Re: management
Juma Bin Ali Al Juma | Chairman of the board |
Roumel Tabaja | Chief executive officer (CEO) |
Khaled Nouiri | Chief operating officer (COO) |
Muzamil Hussain | Chief financial officer (CFO) |
Read also | Top 10 Omani insurers
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Mon, 24/05/2021 - 16:30
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