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09.07.2013 09:09:02

Standard and Poor's reaffirms it's 'A-' rating of Oman Insurance Company

Following a recent review of Oman Insurance Company, Standard and Poor's (S&P) has revised the outlook to positive from stable and re-affirmed the 'A-' rating. In upgrading the outlook, S&P cited OIC's ability to 'maintain extremely strong capital adequacy over the rating horizon and the company's commitment to maintaining a more conservative investment stance through asset diversification'.

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