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Oman Reinsurance Company Saog (العمانية لإعادة التأمين) (Oman)

Main Activities: Insurance Carriers and Related Activities | Direct Title Insurance Carriers
Full name: Oman Reinsurance Company Saog Profile Updated: June 30, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Oman Re is the first reinsurance company to be established in Oman with the purpose of writing Facultative and Treaty business from local and international markets. Incorporated in August 2008, the company has grown consistently year-on-year in written premium, while expanding its presence across key markets in the Middle East, Africa, Asia, CEE and CIS countries. Oman Re provides cover for Facultative risks in the following lines of business: Property and Renewable Energy, Energy Onshore/Offshore, Engineering, Marine Hull and Cargo, Miscellaneous Accident and Motor, and Casualty.

Headquarters
Al Khuwair, Po Box: 1968
Muscat; Musqat; Postal Code: 114

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Website: http://www.omanre.com

Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
August 04, 2008
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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8.357%
Company Performance
Financial values in the chart are available after Oman Reinsurance Company Saog (العمانية لإعادة التأمين) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency OMR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
2.4%
Operating profit (EBIT)
320.13%
Net Profit (Loss) for the Period
127.12%
Total Assets
-27.51%
Investments
178.07%
Total Equity
16.77%
Net Premiums Earned Trend
-21.08%
Net Profit Trend
N/A
Return on Equity (ROE)
3.82%
Loss Ratio
24.01%
Underwriting Expenses Ratio
19.56%

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