Insurance

Oman Insurance

The Omani insurance market has witnessed robust growth in recent years, which has helped gradually boost penetration rates. As in many countries, compulsory motor insurance has long been the leading branch in the sector, but previously underdeveloped segments, including life and health, are now expanding rapidly; the former has seen significant gains as foreign insurers expand their presence, while the latter is set to receive a further boost as the obligation for private companies to provide health coverage for their employees is enforced. Additionally, new regulations have been implemented for companies and brokers, which should contribute to confidence in the sector.

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Capital Markets, from The Report: Oman 2018
First article from this chapter and report:
Growth to accelerate in Oman's insurance sector

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Cover of The Report: Oman 2018

The Report

This chapter is from the Oman 2018 report. Explore other chapters from this report.