Oman Qatar Insurance share offer opens for subscription

Subscription

Application form for the IPO is available for collection at any branch of the subscription banks—Bank Dhofar, National Bank of Oman and Oman Arab Bank.

Established in 2004, OQIC is a subsidiary the of Qatar Insurance Company (QIC) and provides life and general insurance cover in Oman. The company operates through five retail branches and digital channels and has more than 30 sales points through agency and brokers.

OQIC believes in delivering innovative retail solutions for home, travel and car insurance to every segment of its customer base. The company provides its services to some of the large public and private sector companies in energy, aviation, construction and engineering, media, logistic sectors in the Sultanate.

The company also serves as a link for providing insurance services across the Gulf Cooperation Council and helps connect overseas insurance interests through its global network.

Composite insurer

OQIC’s parent, QIC, is a publicly listed composite insurer with a consistent performance history of over 50 years and a global underwriting footprint. Founded in 1964, QIC was the first domestic insurance company in Qatar. Today, QIC is the market leader in Qatar and a dominant insurer in the GCC and the Middle East and North Africa regions.