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Hedge Funds & Alternative Investments Insurance Mergers & Acquisitions Uncategorized

Oman’s Omnivest subsidiary NLGIC to acquire RSA Middle East

April 4, 2022

By News Team

Gulf insurer National Life and General Insurance Company (NLGIC), a subsidiary of investment holding firm Oman International Development and Investment Company (Omnivest), has signed deals to fully acquire Royal & Sun Alliance Insurance Middle East.  NLGIC will acquire around 50 percent shareholding in RSA Middle East from Sun Alliance Insurance…

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