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Last 2.39 AED
Change Today 0.00 / 0.00%
Volume 0.0
As of 2:13 AM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

oman insurance co psc (OIC) Snapshot

Previous Close
Day High
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52 Week High
09/30/14 - 3.80
52 Week Low
06/9/15 - 2.39
Market Cap
Average Volume 10 Days
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Dividend Yield
Current Stock Chart for OMAN INSURANCE CO PSC (OIC)

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oman insurance co psc (OIC) Details

Oman Insurance Company P.S.C. provides insurance solutions in the Middle East and internationally. The company operates in General Insurance and Life Insurance segments. The General Insurance segment provides property, motor, general accident, aviation, and marine insurance products. The Life Insurance segment offers participating and non-participating individual life, medical, group life, and personal accident insurance products, as well as investment linked products. The company also offers bancassurance services for retail, corporate, or private banking and wealth management customers. It serves individuals; medium to large industrial and commercial enterprises; and energy, marine, and construction sectors. The company was founded in 1975 and is headquartered in Dubai, the United Arab Emirates. Oman Insurance Company P.S.C. is a subsidiary of Mashreq Bank (PSC).

Founded in 1975

oman insurance co psc (OIC) Top Compensated Officers

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Executives, Board Directors

oman insurance co psc (OIC) Key Developments

Oman Insurance Company Announces Executive Changes

Oman Insurance Company announced the appointment of Christos Adamantiadis as Chief Executive Office to replace Patrick Choffel who ends his four-year tenure with the UAE's leading insurer next month. Christos joins Oman Insurance Company from AIG EMEA - London, where he held the title of Managing Director, Eastern Zone and Regional Director, Footprint Strategy. Holding several senior leadership roles through his long career at AIG, Christos has also spent a year in the Gulf region as Managing Director, Arabia and North Africa where he was overseeing, amongst others, the UAE operations.

GlobeMed Gulf Healthcare Solutions Signs New Agreement with Oman Insurance Company

GlobeMed Gulf HealthCare Solutions announced the addition of a new client, Oman Insurance Company, to its family of serviced clients. OIC chose GlobeMed Gulf as its Third Party Administrator to service its portfolio and beneficiaries in the UAE; on the basis of GlobeMed Gulf's market leading benefits management systems and client service proposition. This agreement will allow both parties to mutually benefit from each other's strengths and experience. The agreement between GlobeMed Gulf, as a client-driven organization, and OIC is a step forward for both companies to strengthen their presence in the field of healthcare services in the country.

Oman Insurance Co. (PSC) Signs Partnership Agreement with Coface SA to Offer Joint Credit Insurance Solutions

Oman Insurance Co. (PSC) announced that it signed a partnership agreement with Coface SA to offer joint credit insurance solutions. The joint insurance solution on offer from Coface's Coface Emirates and Oman Insurance is now available to companies in the United Arab Emirates, Oman and Qatar, covering both domestic and international trade transactions. Increased awareness of the benefits of credit insurance has caused a surge in interest for the product in recent years.


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Valuation OIC Industry Range
Price/Earnings 5.8x
Price/Sales 0.8x
Price/Book 0.6x
Price/Cash Flow 5.8x
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