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 USD| 2018 | 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
