Oman Qatar Insurance Company (OQIC) has reported strong financial results for the financial year 2025, reflecting its continued focus on disciplined growth, operational efficiency, and value creation.
The Company recorded Gross Written Premiums (GWP) of OMR 72.9 million, representing a steady increase of 3.1% compared to the previous year, supported by stable underwriting performance across key business lines.
OQIC achieved a significant milestone in profitability, with net profit (before Pillar Two taxes) reaching OMR 3.8 million, marking a remarkable growth of 65.9%. Net profit attributable to shareholders stood at OMR 3.4 million, reflecting an increase of 50.3%, demonstrating the Company’s ability to deliver strong returns to its shareholders.
Earnings per share increased to OMR 0.021, up by 50%, further highlighting the Company’s improved financial performance and profitability. Additionally, investment and other income rose sharply to OMR 5 million, recording an exceptional growth of 92%, driven by improved investment performance and strategic asset allocation.
These results underscore OQIC’s resilience and its commitment to maintaining strong financial fundamentals while continuing to enhance value for its shareholders and clients.
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