Underwriting

Managing risk with
diligence and integrity

Our underwriting services are driven by our understanding of business challenges, and our passion to find solutions to help businesses enhance performance, accelerate growth and drive progress.

We provide cover for Facultative risks in the following lines of business: Property and Renewable Energy, Energy Onshore/Offshore, Engineering, Marine Hull and Cargo, Miscellaneous Accident and Motor, Casualty and Specialty Lines.

Property

​​Regional experience, combined with local market knowledge

Our team of professionals provide clients with a diverse range of covers for a number of risks for homes and industrial properties.

Covers

Home and industrial properties under Fire and Allied Perils covers

Acts of God such as Flood, Windstorm and Earthquakes

Accidental damage resulting from any unforeseen event leading to damage, destruction and loss of the property insured

Policies

FAP

PAR

IAR

CMI

Capacity

Upto USD

18.2 million

Engineering

Driving progress by securing key infrastructure investments

Our services help secure engineering projects that are the cornerstone of building long term infrastructure for the continued progress of the economy and society.

Covers

Contractors All Risks (CAR)

Erection All Risks (EAR)

Contractors Plant and Machinery All Risks (CPM)

Electronic Equipment Insurance (EEI)

Machinery Insurance

Boiler Insurance

Capacity

Upto USD

18.2 million

Misc. Accident

Helping businesses thrive by securing their risks

Our facultative risks covers a number of unique risks that businesses face in today’s competitive marketplace. Our expertise and experience are yours to leverage.

Covers

Burglary

Money including cash in transit, in safe and loss of and damage to money

Goods in transit

Capacity

Upto USD

5.2 million

Casualty

Innovative solutions in an ever-changing world of risks

Understanding evolving risks in various businesses is key to developing solutions that help build resilience for business growth. Our solutions are driven by a collaborative approach to assess risks and secure them.

Covers

General Third-Party Liability

Comprehensive General Liability

Employers Liability

Workmen's Compensation

Group Personal Accident

Professional Indemnity

Medical Malpractice

Capacity

Upto USD

$2.6 million

Marine

Securing business and trade operating in challenging conditions

We bring global knowledge, experience, and insights into our services in Marine reinsurance, with a deep understanding of risks, liability and impact.

Covers

Marine Hull & Machinery: Including dry bulk, Ocean Going Vessels (OGV), yachts, pleasure crafts, shipyards and boat building

Marine Cargo: Including all sections of the distribution chain including goods in transit and storage risks

Capacity

Upto USD

5.2 million

Energy

Powering the energy industry

We provide cover for Facultative risks in the following sub-sections of Energy business:

Offshore Energy operational business

Onshore Energy upstream and downstream operational business

Onshore Energy construction business

Covers

The covers include Property Damage & Machinery Breakdown, Control of Well (OEE), Oil & Gas Drilling activities, Business Interruption/Loss of Profits, and Third-Party Liability. In addition, our cover could also include NATCAT exposures. Our support includes the following:

All types of refineries

Gas Process Plants – LNG

Petrochemical Plants

Fixed offshore platforms and complexes

Jack-up Fleets

FPSO and FLNG Fleets

Capacity
Onshore Business

Upto USD

18.2 million

Capacity
Offshore Business

Upto USD

13 million

A trusted partner in the insurance value chain

We provide reinsurance protection for non-life business to many leading direct insurance companies in Asia, Africa, CEE, CIS, Cyprus and Greece. We offer lead terms and solid underwriting capacity in both proportional and non-proportional Treaty support.

Non-Marine Treaties

Property and Engineering Up to USD 10.4 million per program

Miscellaneous classes (Personal Accident, GTPL, CGL) USD 5.2 million

Marine Treaties

Marine Cargo, Marine Hull and Offshore Energy Up to USD 3.25 million per program

Motor Treaties

Up to USD 2.6 million per program

Capacity

Upto USD

$18.2 million

​​Regional experience, combined with local market knowledge

Our team of professionals provide clients with a diverse range of covers for a number of risks for homes and industrial properties.

Covers

Home and industrial properties under Fire and Allied Perils covers

Acts of God such as Flood, Windstorm and Earthquakes

Accidental damage resulting from any unforeseen event leading to damage, destruction and loss of the property insured

Policies

FAP

PAR

IAR

CMI

Capacity

Upto USD

18.2 million

Contact

Malek Mechouet

Regional Director &

Senior Underwriter – Facultative

+968 2439 7710

+968 9811 5413

malek.mechouet@omanre.com.om

Mondher Al Darmaki

Regional Manager & Underwriter –
Facultative (Property & Casualty)

+968 2439 7712

+968 9014 5159

mondher.aldarmaki@omanre.com.om

Driving progress by securing key infrastructure investments

Our services help secure engineering projects that are the cornerstone of building long term infrastructure for the continued progress of the economy and society.

Covers

Contractors All Risks (CAR)

Erection All Risks (EAR)

Contractors Plant and Machinery All Risks (CPM)

Electronic Equipment Insurance (EEI)

Machinery Insurance

Boiler Insurance

Capacity

Upto USD

18.2 million

Contact

Malek Mechouet

Regional Director &

Senior Underwriter – Facultative

+968 2439 7710

+968 9811 5413

malek.mechouet@omanre.com.om

Melbourne Fonseca

Regional Manager & Underwriter –
Facultative (Construction)

+968 2439 7728

+968 7190 1735

mfonseca@omanre.com.om

Helping businesses thrive by securing their risks

Our facultative risks covered a number of unique risks that businesses face in today’s competitive marketplace. Our expertise and experience are yours to leverage.

Covers

Burglary

Money including cash in transit, in safe and loss of and damage to money

Goods in transit

Capacity

Upto USD

5.2 million

Contact

Malek Mechouet

Regional Director &

Senior Underwriter – Facultative

+968 2439 7710

+968 9811 5413

malek.mechouet@omanre.com.om

Mondher Al Darmaki

Regional Manager & Underwriter –
Facultative (Property & Casualty)

+968 2439 7712

+968 9014 5159

mondher.aldarmaki@omanre.com.om

Innovative solutions in an ever-changing world of risks

Understanding evolving risks in various businesses is key to developing solutions that help build resilience for business growth. Our solutions are driven by a collaborative approach to assess risks and secure them.

Covers

General Third-Party Liability

Comprehensive General Liability

Employers Liability

Workmen's Compensation

Group Personal Accident

Professional Indemnity

Medical Malpractice

Capacity

Upto USD

$2.6 million

Contact

Malek Mechouet

Regional Director &

Senior Underwriter – Facultative

+968 2439 7710

+968 9811 5413

malek.mechouet@omanre.com.om

Mondher Al Darmaki

Regional Manager & Underwriter –
Facultative (Property & Casualty)

+968 2439 7712

+968 9014 5159

mondher.aldarmaki@omanre.com.om

Securing business and trade operating in challenging conditions

We bring global knowledge, experience, and insights into our services in Marine reinsurance, with a deep understanding of risks, liability and impact.

Covers

Marine Hull & Machinery: Including dry bulk, Ocean Going Vessels (OGV), yachts, pleasure crafts, shipyards and boat building

Marine Cargo: Including all sections of the distribution chain including goods in transit and storage risks

Capacity

Upto USD

5.2 million

Contact

Malek Mechouet

Regional Director &

Senior Underwriter – Facultative

+968 2439 7710

+968 9811 5413

malek.mechouet@omanre.com.om

George Abi Rached

Regional Manager & Underwriter –
Facultative (Marine & Energy)

+974 4458 5011

+974 3328 4888

grached@omanre.com

Powering the energy industry

We provide cover for Facultative risks in the following sub-sections of Energy business:

Offshore Energy operational business

Onshore Energy upstream and downstream operational business

Onshore Energy construction business

Covers

The covers include Property Damage & Machinery Breakdown, Control of Well (OEE), Oil & Gas Drilling activities, Business Interruption/Loss of Profits, and Third-Party Liability. In addition, our cover could also include NATCAT exposures. Our support includes the following:

All types of refineries

Gas Process Plants – LNG

Petrochemical Plants

Fixed offshore platforms and complexes

Jack-up Fleets

FPSO and FLNG Fleets

Capacity
Onshore Business

Upto USD

18.2 million

Capacity
Offshore Business

Upto USD

13 million

Contact

Malek Mechouet

Regional Director &

Senior Underwriter – Facultative

+968 2439 7710

+968 9811 5413

malek.mechouet@omanre.com.om

George Abi Rached

Regional Manager & Underwriter –
Facultative (Marine & Energy)

+974 4458 5011

+974 3328 4888

grached@omanre.com

A trusted partner in the insurance value chain

We provide reinsurance protection for non-life business to many leading direct insurance companies in the Afro-Asian, CEE, CIS, Cyprus and in Greece. We offer solid underwriting capacity in both proportional and non-proportional Treaty support.

Covers Non-Marine

Property and Engineering Up to USD 10.4 million per program

Miscellaneous classes (Personal Accident, GTPL, CGL) USD 5.2 million

Covers Marine

Marine Cargo, Marine Hull and Offshore Energy Up to USD 3.25 million per program

Covers Motor

Up to USD 2.6 million per program

Capacity

Upto USD

$18.2 million

Contact

Nader Onaissi

Regional Director &
Senior Underwriter – Treaty

+968 2439 7711

+968 9143 1367

malek.mechouet@omanre.com.om

Ali Al Balushi

Regional Manager & Deputy Underwriter –Treaty

+968 2439 7713

+968 9948 7641

alimoosa.albalushi@omanre.com.om

Hamed Al Harthy

Regional Manager & 
Deputy Underwriter – Treaty

+968 2439 7719

+968 9874 6112

hharthy@omanre.com.om

Edwin Taruvinga

Regional Manager & Deputy
Underwriter – Treaty

+974 4458 5013

+974 3328 1888

etaruvinga@omanre.com.om