| 02.07.2009 - S&P downgrades Oman United Insurance ratings |
| From Tradearabia.com: Standard & Poor's Ratings Services on Wednesday lowered its long-term counterparty credit and insurer financial strength ratings on Oman United Insurance Company (OUIC) to 'BBB-' from 'BBB', but said the outlook was stable. OUIC's competitive position has been negatively affected by regulatory changes to motor insurance and more constrained product distribution in certain lines, said a S&P statement.........Full Article: Source |