News Middle East03 May 2023

Oman:6 Feb Turkiye earthquakes shake reinsurer's 1Q underwriting performance

| 03 May 2023

Oman Re, the sole reinsurer in the Sultanate of Oman, has reported a combined ratio of 111.2% for 1Q2023 against 96.1% during 1Q2022. The 6 February massive Turkish earthquakes had an impact of 41.8ppt on the combined ratio, says Oman Re in a statement.

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