Oman insurance sector headed for 4.5% growth
Source: Middle East Insurance Review | Oct 2024
Oman’s insurance industry is expected to grow at an annual rate of 4.5%, reaching $1.8bn by 2028, up from approximately $1.4bn in 2022, according to an Alpen Capital report. Several macroeconomic trends, including economic diversification efforts, regulatory reforms and increasing awareness of insurance are likely to spur this growth.
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