Oman Qatar Insurance Company SAOG: Business Overview, Financials & Competitive Analysis
Oman Qatar Insurance Company SAOG scores 6/10 on the AskCyborg Cyborg Score (Solid). Solid regional insurance operator backed by MENA's largest insurer, offering stable returns through local market dominance but limited growth catalysts. OQIC benefits from strong parent company backing with excellent credit ratings, stable Omani market presence for 20+ years, and diversified insurance portfolio. However, as a smaller subsidiary.
What is Oman Qatar Insurance Company SAOG's industry? Oman Qatar Insurance Company SAOG (oqic.com) operates in Insurance - Life, General & Medical. AskCyborg classifies Oman Qatar Insurance Company SAOG under Insurance - Life, General & Medical in its company registry.
Established in 2004, Oman Qatar Insurance Company is a subsidiary of Qatar Insurance Group, providing innovative insurance solutions and services in all sectors. The company is engaged in the business of life and gene...
Cyborg Score thesis
Solid regional insurance operator backed by MENA's largest insurer, offering stable returns through local market dominance but...
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Get Current Report FreeOman Qatar Insurance Company SAOG Overview
Pro stress-test →Established in 2004, Oman Qatar Insurance Company is a subsidiary of Qatar Insurance Group, providing innovative insurance solutions and services in all sectors. The company is engaged in the business of life and general insurance within the Sultanate of Oman, with segments including marine and aviation insurance, property & casualty, and medical and life insurance.
Strategic Profile
Pro stress-test →As a subsidiary of Qatar Insurance Group, OQIC acts as a link to provide services across GCC countries and global networks. Qatar Insurance is the largest insurance company in the MENA region and number one in terms of profitability and market capitalization.
Competitive Landscape
Pro stress-test →OQIC operates as a subsidiary of Qatar Insurance Company (QIC), a publicly listed composite insurer with underwriting footprint across the Middle East, Africa and Asia, serving as the market leader in Qatar and dominant insurer in the GCC and MENA regions. The local Oman market is competitive with other regional insurers.
Industry Context
Oman Qatar Insurance Company SAOG operates in Insurance - Life, General & Medical.
Key facts
Founded: 2004 · Headquarters: Muscat, Oman · Employees: 101-250 · Revenue: $72.6M · Market cap: $82.2M