Oman:National reinsurer posts surge in 2018 profit and turnover

By MEIR team | 27 Feb 2019

Oman Re, the first reinsurance company established in Oman, has announced a net profit of OMR 660,600 ($1,715,800) for 2018, representing an increase of 588.1% over the OMR 96,000 in 2017, according to a statement released by the company. 2018 was the second consecutive year in which the reinsurer reported a profit.

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