Oman Insurance Market Report Q1 2013

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Oman Insurance Report Q1 2013 Feb 13th 2013, 00:00 Key Insights And Key RisksThe Oman Insurance Report considers the prospects for both life and non-life insurers in the country. Asof December 2012, it is clear that conditions have been mixed for the major players in both segments. Inthe non-life segment, it appears that al-Ahlia, the local subsidiary of RSA, has been gaining market shareat the expense of the other companies. In the life segment, National Life & General Insurance, the mainsubsidiary of ONIC Holding has achieved substantial growth: this has been thanks to greater sales ofhealth insurance products, both in Oman and the UAE. Other companies have reported decliningpremiums ? in some instances as a re...

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