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      OMAN UNITED INSURANCE

       Impact of the brexit of united kingdom from European Union

      Jul 03, 2016 06:53 PM

      OUIC deals with reinsurers in the European and London markets. Whilst we do not anticipate immediate short term impact on the transactions, OUIC will monitor the ratings of the reinsurers.  We do not forsee any immediate significant impact on account of Brexit. 

      As regards Investments, OUIC has no investment exposure in UK or European Union. We do not expect any direct impact on OUIC’s investment portfolio.

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