Oman Insurance Company P.S.C. (DFM:OIC) agreed to acquire UAE Life insurance portfolio from Assicurazioni Generali S.p.A. on February 23, 2022. Both parties have agreed to ensure a smooth transition for the existing policyholders and to continue providing them with access to best-in-class insurance services and systems. The transfer which covers unit-linked life insurance policies, is expected to be completed by the end of August 2022, subject to regulatory approvals.
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5-day change | 1st Jan Change | ||
3.85 AED | -1.28% | -1.28% | -1.28% |
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Stocks mentioned in the article
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Capi.
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23.72 EUR | +0.51% | +0.81% | 39.69B | ||
3.85 AED | -1.28% | -1.28% | 484M | ||
1st Jan change | Capi. | |
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-1.28% | 484M | |
+18.35% | 114B | |
+11.72% | 113B | |
+9.10% | 102B | |
+7.64% | 75.49B | |
+26.71% | 30.6B | |
+15.08% | 20.47B | |
-4.49% | 12.13B | |
+5.75% | 10.96B | |
+6.16% | 10.15B |
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- Oman Insurance Company P.S.C. agreed to acquire UAE Life insurance portfolio from Assicurazioni Generali S.p.A.