The report highlights Oman Insurance Company's key achievements for the year 2021, including a 5% growth in net profit to AED 206.1 million, the highest level in the last 7 years. The report also emphasizes the company's commitment to digital transformation, with strategic investments in cloud hosting and zero-code platforms. Oman Insurance also maintained its strong financial ratings of 'A' by AM Best, 'A-' by Standard & Poor's and 'A2' by Moody's, reflecting its robust financial strength, strong operating performance, and customer service focus.
Issuing Company Oman Insurance Co PSC
Report Type Integrated Report
Report Language EN
Report Filesize 2.41 MB
No. of Pages 74 pages
Reporting periodJanuary 1, 2020-December 31, 2020
Report EditionUnknown
Assurance Provider PricewaterhouseCoopers (Dubai Branch)
Reporting Standards GRI; DFM; CBUAE
Materiality Assessmenttrue