News Middle East03 Nov 2024

Nat CAT and falling interest rates dent Oman Re's financial results in first 9 months of 2024

| 03 Nov 2024

Mr Romel Tabaja, CEO of Oman Re


Oman Re, the Sultanate of Oman's sole reinsurer, has reported a net profit after tax of OMR1.4m ($3.7m) for the first three quarters of this year, down from OMR1.9m for the first nine months of 2023.

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