Oman Re sees 9M’24 reinsurance revenue climb 17% despite recurrent nat cat events

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Reinsurance News - Oct 31, 2024

Oman Re, the Sultanate of Oman’s sole reinsurer, has reported reinsurance revenue of OMR 37.4 million ($97.2 million) in the first nine months of 2024, up 17% compared to the same period of 2023. Meanwhile, Oman Re’s net profit after tax stood at OMR 1.4 million ($3.7 million) in the first 9M...

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