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Apr 2025

Country Profile - Oman: A free market drawing more attention

Source: Middle East Insurance Review | Mar 2009

2008 was a big year for Oman’s insurance sector. Foreign interest continued with the licensing of another three new foreign players, in addition to the launch of a new local insurer. The market also saw the emergence of the first local reinsurance company. Consequently, the market has become more crowded and new strategies are required in order to tap into the opportunities available.

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