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    OIC   AEO000101014

OMAN INSURANCE COMPANY P.S.C.

(OIC)
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Oman Insurance : Wins UAE's Best Insurance Brand Award

12/21/2014 | 02:35am EDT

At a ceremony held in Dubai yesterday, Oman Insurance Company (P.S.C) received the prestigious 'Best Insurance Brand - UAE' award from Global Brand Magazine for its exceptional commitment to product innovation, customer service and claim handling.

Based in London, the Global Brands Magazine represents a leading source of information for up-to date news, reviews, opinions, and polls on leading brands across the globe. The award aims to identify and recognize exceptional insurance brand based on external research teams and in-depth analysis from various sources.  

Patrick Choffel, Chief Executive Officer, said "Established in 1975, Oman Insurance has a long history of servicing individual and corporate customers for all their insurance needs in the UAE and beyond. As a friendly insurance expert, our strong service delivery allowed Oman Insurance to become a reputable name, one that people in this region recognize and trust." He added "We are honored to be singled out to receive this award and I would like to thank every one of our staff for making it happen."

About Oman Insurance Company

Oman Insurance Company (P.S.C.) (OIC) was established in 1975 and is one of the leading insurance providers in the Middle East. OIC has operations across Emirates in the UAE as well as in Oman, Qatar and a subsidiary in Turkey. OIC also owns a medical third-party administrator in Iraq.

OIC provides a wide range of insurance solutions for individuals and commercial enterprises in Life, Medical, Motor and General insurance. With a gross written premium of AED 2.9 billion, OIC is rated 'A Excellent' by AM Best and 'A- Positive Outlook' by Standard & Poor's.

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ę Publicnow 2014
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Financials
Sales 2020 1 746 M 475 M 475 M
Net income 2020 194 M 52,9 M 52,9 M
Net cash 2020 228 M 62,2 M 62,2 M
P/E ratio 2020 4,64x
Yield 2020 10,3%
Capitalization 1 219 M 332 M 332 M
EV / Sales 2019 0,53x
EV / Sales 2020 0,38x
Nbr of Employees -
Free-Float 35,5%
Chart OMAN INSURANCE COMPANY P.S.C.
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Oman Insurance Company P.S.C. Technical Analysis Chart | MarketScreener
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Income Statement Evolution
Managers and Directors
Jean-Louis Laurent Josi Chief Executive Officer
Hammad Khan Head-Finance & Administration
Abdul Aziz Abdullah Al-Ghurair Chairman
Sreedhar Suragouni Head-Information Technology
Freeda Rego Head-Operations
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