Gross Written Premium (GWP)
71,796
64,431
53,091
Net Earned Premium (NEP)
46,589
30,763
22,688
Net Profit / (Loss)
3,525
3,772
2,118
Investment Assets
119,384
108,038
92,618
Total Assets
273,008
246,975
198,974
Net Technical Provisions
84,687
61,041
44,957
Shareholders’ Equity
76,101
66,591
60,024
A closed joint-stock company registered in the Kingdom of Bahrain, with authorised capital of US$ 500 million, and issued and paid-up capital of US$ 250 million. Comprises over 280 employees spread across offices in Bahrain, Cyprus, Labuan (Malaysia) and Morocco and India.
A public company incorporated in Qatar providing general insurance and reinsurance services for real estate, investment, manufacturing, trading, and contracting, and Takaful. The company is listed on the Qatar Exchange.
A leading multi-faceted company in Oman with representations of some of the internationally renowned and leading brands, and operating under four business divisions: Automotive, Utilities, Engineering & Projects, and ICT.
A leading Omani business conglomerate with a business volume in excess of USD 1 Billion, OMZEST has been a partner in Oman’s progress through 75 wholly owned and associate companies across diverse industry segments, and thousands of employees.
The Audit Committee assists the Board in fulfilling its oversight responsibilities for financial reporting, internal control processes and the risk-based internal audit cycles.
The purpose of the Risk Committee is to assist the Board in fulfilling its corporate governance oversight responsibilities with regard to the identification, evaluation, and mitigation of strategic, operational and external environment risks. The committee has an overall responsibility for monitoring and approving the risk management framework of the company.
The Nomination and Remuneration Committee's primary functions are to: assess required and necessary competencies of Board members, review Board succession plans, evaluate the Board's performance and make recommendations to the Board on executive remuneration and incentive policies, remuneration packages of senior management, recruitment, retention and termination policies for senior management, incentive schemes, pension arrangements and the remuneration framework for the directors. Lastly, the Committee monitors the overall organizational structure and ensures that executive succession planning is in place.
