Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Dec 2022

Market Profile


Oman

Enhancing digital infrastructure for a growing market

Oman’s insurance industry has continued growing steadily over the last few years. To keep the momentum going, the regulator has been implementing initiatives to support insurers in their digitalisation efforts. We spoke to the Capital Market Authority’s Mr Ahmed Al Mamari to get more details.
 

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Oman's listed insurers brace for another year of falling profits

With a persistent downward trend in aggregate earnings in the first three quarters of the year on the back of declining underwriting and investment income and higher claims, Oman’s 10 listed insurers are facing the prospect of reporting another full-year profit decline in 2022.
 

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Rising reinsurance premiums expected in Oman

Reinsurance markets around the world are facing tough pressures from Nat CAT losses and inflation. Oman is no exception. Middle East Insurance Review spoke to Oman Re’s Mr Romel Tabaja about the reinsurer’s efforts to remain competitive.
 

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Health insurance in transition

Oman’s government and stakeholders have got together to build an effective healthcare system that will also contribute to the economic growth of the country. Middle East Insurance Review spoke with Capital Market Authority’s Dr Mohamed Ghazaly to map the road ahead for health insurance in Oman.
 

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Promising prospects for P&C insurance market

The insurance industry in Oman recorded notable growth this year, buoyed by enhanced rates and improved economic activity, which gives hope for achieving better market performance, says Vision Insurance Company’s Mr Issam Mouslimani.
 

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