Tags: car insurance services

S&P reaffirms ‘A-‘ rating for Oman Insurance Company

Standard & Poor’s (S&P) reaffirmed an ‘A-’ Stable outlook rating for Oman Insurance Company on account of its strong capital adequacy and profitable earnings in 2016-2018 The S&P’s rating states, “OIC’s capital position and earnings will remain very strong, as the company continues to de-risk its investment portfolio”. S&P cited strong liquidity position, satisfactory governance…