Quick mobilisation of resources by Oman Insurance Company

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Press Release

Dubai, UAE – 29 May:  Mr. Patrick Choffel, CEO, Oman Insurance Company (OIC) , the largest insurance company in UAE and second largest in the Middle East, offers his personal and the company’s deepest sympathies and condolences to the families of the victims of the recent fire damaging the Villagio Mall in Doha, Qatar.

“We reassure all concerned, that OIC is closely monitoring the situation and has mobilised all necessary resources to adjust and discharge claims in an appropriate manner” Mr Choffel, said.

“OIC confirms available liquidity to ensure quick settlement of claims, ensuring a quick return to a normal routine for all parties affected,” he added.

“Our prayers and well wishes go out to the families of those who perished in this tragic event,” Mr. Choffel concluded.

About Oman Insurance Company:

Oman Insurance Company (OIC) is the largest insurance company in the UAE with operations across all emirates as well as in neighboring Oman and Qatar.

Established in 1975, OIC is a composite insurer. The company is rated BBB+ by S&P and A Excellent by AM Best. Supported by leading Reinsurers like Swiss Re, Munich Re, Lloyds, Scor, Generali etc, OIC underwrites all types of risks in General, Life & Health insurance and customizes coverage to meet customer’s needs.

OIC is the winner of several coveted awards and certifications, like the Mohammed Bin Rashid Al Maktoum Business Award – Finance Category (2007) and the latest being the prestigious AON-Hewitt Employer of the year award (2010).

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