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      OMAN UNITED INSURANCE

       Disclosure of Impact of Mekunu Cyclone

      May 31, 2018 02:19 PM

      “In compliance with the circular No. KH/2-2018, dated 27th May 2018, regarding the impact of Cyclone Mekunu, Oman United Insurance Co. SAOG wishes to inform the shareholders & investors’ community that, there are no damages to company’s own properties.

      However, with regards to our insured’s properties, we started getting the claims notifications from in & around Salalah region.  Though the impact of the losses is a little early to comment on.  Our claims teams including the Surveyors are in Dhofar region to assess the impact of losses. We are constantly monitoring the situation and would update in due course on the net impact on financials (if any).”

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