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April 4, 2021

Oman Re holds Annual General Meeting for fiscal year 2020

Oman Reinsurance Company (Oman Re) held its Annual General Meeting for fiscal year 2020 on 23rd March 2021, which was chaired by Dr. Juma Bin Ali Al Juma – Chairman of the Board of Directors, and with 100% attendance of the Company’s shareholders. During the meeting, the Annual Reports of the Company were discussed, which reflected exceptional financial performance of the Company with records profits of OMR 1.4 million, the highest ever since the Company’s establishment in 2009.

On this occasion, Dr. Juma Bin Ali Al Juma extended his sincere thanks to the shareholders of the Company, especially for extending total confidence to the Board of Directors as well as for their continuous support to the Company in its growth and progress as a strong reinsurer within the international markets, thus bringing honour to the Sultanate of Oman. He also expressed gratitude to Oman Re’s Executive Management for their relentless efforts in capitalizing on various business opportunities and in providing value-added products and services to the Company’s clients and partners, which led towards significant growth in profits.