OMAN Re’s Gross Written Premium up by 11% in Third Quarter
Oman Re, the Sultanate of Oman’s sole reinsurer reported Gross Written Premium (GWP) of OMR 24.1 million [USD 62.7 million] as of 30 September 2021, which is higher by 11% compared to OMR 21.8 million [USD 56.7 million] during for the same period last year. Oman Re’s investment income increased
BP posts US $ 3.3 Billion 3rd Quarter Profit
The British energy major, BP, posted a proxy for net profit, of $3.3 billion for the third quarter, above analyst estimates of $3.1 billion. This was fueled by the surge in global energy prices.