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Oman Re: results as of 30 September 2021

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Magazine Issue: 
Tomorrow’s reinsurance [3]
Magazine date: 
Dec 2021

Oman ReOman Re [4] has achieved a turnover of 24.1 million OMR (62.4 million USD) as of 30 September 2021, which represents an increase of 11% compared to the same period of 2020.

During the period under review, the Omani reinsurer recorded a 52.7% drop in its net profit at 720 000 OMR (1.9 million USD). The investment income increased by 12% to 1.5 million OMR (3.9 million USD).

The company's shareholders' equity stood at 26.2 million OMR (67.8 million USD). The combined ratio lost 3.9 points to stand at 101.4%.

Thu, 09/12/2021 - 10:07

Source URL: https://www.atlas-mag.net/en/article/oman-re-results-as-of-30-september-2021

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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-186-december-2021
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