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International

Oman Insurance agrees to sell Turkish unit to reinsurer VHV

March 14, 2022 Reprints

U.A.E.-based insurer Oman Insurance Co. PSC has agreed to sell its Turkish subsidiary Dubai Sigorta AS to VHV Reasurans AS, Middle East Insurance Review reported. Apart from the sale of Dubai Sigorta, which is a commercial insurer specializing in construction and liability insurance, the transaction also includes a partnership between Oman Insurance and VHV Reasurans to insure specific risks in Turkey and the U.A.E.

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Oman Insurance agrees to sell Turkish unit to reinsurer VHV

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