Saturday 23 November 2024
 
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Oman United Insurance Company

S&P downgrades Oman United Insurance ratings

Standard & Poor's Ratings Services on Wednesday lowered its long-term counterparty credit and insurer financial strength ratings on Oman United Insurance Company (OUIC) to 'BBB-' from 'BBB', but said the outlook was stable.

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OUIC planning Qatar venture

Oman United Insurance Company (OUIC) is planning a joint venture subsidiary insurance firm in Qatar, a senior company official was quoted as saying. "The new firm will have a capital of $10 million and OUIC will take 51 per cent stake in t

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