Oman Re, the sole reinsurer in the Sultanate of Oman, has reported net profit of OMR1.1m (2.8m) for the nine months ended 30 September 2020, representing a 51% rise compared to OMR725,000 for the corresponding period in 2019. Gross written premium increased by 25% to reach OMR21.8m in January-September 2010 against OMR17.5m for the same period in 2019.