Executives at OmanRe have said that they are planning an IPO within the next years.
The company has seen continuous growth since beginning operations in 2009, with capital of Omani Rial 5 million. That capital has now grown to Omani Rial 30 million.
Murthadha Ibrahim Al Jamalani, managing director of OmanRe, told local newspaper, Times of Oman, that the firm’s rating, capital, IT system and human resource policy would help to ‘attract big international clients’ and to achieve the vision that the company had set out.
To continue reading, you need a subscription to Intelligent Insurer. Start a subscription today for £655.
In-house feature articles, the archive and expert comment require a paid subscription. Subscribe now.
Want to give it a try? We are offering a two week free trial to the Intelligent Insurer website – register and select “Two Week Free Trial” to begin access to the full Intelligent Insurer archive and read the latest news, features and expert comment. Begin your free trial here.
Is your 2 week free trial about to end? Upgrade to a 12 month subscription for £655 now.
If you have already subscribed please login.
If you have any technical issues please contact support.