Oman Re – the sole reinsurer operating in the Sultanate of Oman, represented by it’s Chairman – Dr. Juma Bin Ali Al Juma and Ethiopian Reinsurance Company, represented by it’s Chairman - Mr. Hailemariam Assefa Yeshitila jointly signed the Memorandum of Understanding (MoU) at the ceremonial event in Muscat on Mon, 25th Jan 2021.

Oman Re’s leadership team welcomed the 10-member Ethio Re delegation comprising of their Board of Directors and Acting CEO.

Omar Re’s Chairman – Dr. Juma Bin Ali Al Juma said “The core objective of this MoU is to strengthen our areas of cooperation, strategic partnership and review mutual opportunities and challenges. Our subject matter experts also conducted workshops on Corporate Governance, Enterprise Risk Management and discussed the challenges affecting the reinsurance industry and reinsurers with the Ethio Re delegation.”

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