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Oman Re has released its key business indicators for the first nine months of 2025.
As of the end of September, reinsurance revenue totalled 40.2 million OMR (104.7 million USD), up 8% from 37.4 million OMR (96.9 million USD) a year earlier.
Gross written premiums rose from 47.8 million OMR (124.2 million USD) at end-September 2024 to 49.5 million OMR (128.9 million USD) twelve months later, representing a 3.6% growth.
The Omani reinsurer closed the first three quarters of 2025 with a strong 127% increase in net profit, reaching 3.2 million OMR (8.4 million USD).
The combined ratio improved by 4 percentage points to 94.2%.
During the reporting period, the company’s equity stood at 40.9 million OMR (106.4 million USD).