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. Rated B+ (Good) by A.M. Best, Oman Re’s current territorial scope includes all Afro-Asian countries and it writes marine and non-marine lines of business.
Oman Re was incorporated in July 2009 in the Sultanate of Oman with a paid-up capital of OMR 5,000,000. Capital was gradually increased to OMR 30,000,000 (Thirty million Omani Riyals), equivalent to circa USD 78,000,000. Trust International Insurance and Reinsurance Company B.S.C. (c) Trust Re is the major shareholder of Oman Re.
The company’s values of Dynamic Culture and Transparency ensure that all its operations are carried out with maximum integrity and to the highest standards.