who we are

Reinsurance Protection
Beyond Expectations

We are committed to providing innovative and responsive solutions that meet our stakeholders’ needs of today and goals of tomorrow.

Our Journey

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 a paid-up capital of OMR 5 Million (USD 13 Million), we have grown consistently year-on-year in written premium, while expanding our presence across key markets in Middle East, Africa, Asia, CEE and CIS countries.

Since 2017, Oman Re has pursued an ambitious program of transformation, expansion and growth, with a renewed focus on delivering value to clients, employees, and the communities in which it operates.

In August 2021, we launched our branch at the Qatar Financial Centre (QFC). Our IPO later that year is a key milestone in our journey of success.

2008

Incorporated in Oman, in August 2008
Paid up Capital OMR 5 Million (USD 13 Million)

2009

GWP OMR 1.2 Million (USD 3.1 Million)

2015

Capital increased to OMR 30 Million (USD 78 Million)

2016

GWP OMR 9 Million (USD 23.4 Million)

2018

GWP OMR 22.4 Million (USD 58.2 Million)

2021

IPO and listing on Muscat Stock Exchange (MSX)

2021

GWP OMR 27.6 Million (USD 71.8 Million)

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Corporate profile

Vision

Reinsurance Protection Beyond Expectations

Mission

We are committed to providing innovative and responsive solutions that meet our stakeholders’ needs of today and goals of tomorrow.

Values

Integrity

Trust & Loyalty

Dynamic Culture

Team Spirit & Coherence

Transparency

Openness & Sincerity

People

Board of Directors

Executive Management

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Insurer Financial Strength (IFS)

‘BB+’