News Middle East25 Feb 2020

Oman:Reinsurer sees net profits soar by 23% in 2019

25 Feb 2020

Oman Re, the first reinsurance company established in the Sultanate of Oman, has reported a net profit of OMR 814,000 ($2.1m) for the year ended 31 December 2019, representing a 23.3% jump compared to 2018 when the results stood at OMR660,000, the company says in a statement.

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