S&P downgrades Oman United Insurance ratingsStandard & 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. More… |
OUIC planning Qatar ventureOman 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 More… |