Oman's Financial Services Authority (FSA) has verified that the Unified Motor Vehicle Insurance Policy for Comprehensive and Third Party Coverage provides protection for damages resulting from natural disasters, including hail, wadis, storms and cyclones.
Preliminary data released by the Financial Services Authority (FSA) show a notable increase of 13.2% in the number of serious accidents in 2025, compared to 2024, reflecting a shift toward more serious incidents in the Sultanate.
The Financial Services Authority (FSA) has reviewed the key challenges related to insuring industrial facilities during a dialogue session with stakeholders, including insurance companies and owners of industrial companies.
The Financial Services Authority (FSA) has issued a decision approving rules for actuarial firms, as are embodied in the "Regulation for Actuarial Services Firms".
Howden has announced leadership appointments and regional structure changes to better serve clients and insurer partners. According to a statement from the firm, these changes will more closely align expertise and shape the business to bring all of its growing capabilities and talent to clients across regional borders.
Oman's insurance sector has demonstrated stable performance over the past five years, including reporting satisfactory growth in 2025, said the Financial Services Authority (FSA) Vice Executive President Ahmed Bin Ali Al Maamari.
Global trade credit insurance company, Atradius, says that Qatar is the country among the six GCC states that is most exposed to the on-going military escalation in the Middle East.
The Joint War Committee (JWC), which counts syndicate members from Lloyd's in its ranks, as well as representatives from the London insurance market, has listed the waters around Bahrain, Djibouti, Kuwait, Oman and Qatar as high-risk areas, according to a JWC Circular.
Oman Reinsurance Company (Oman Re), the Sultanate's first and only reinsurer, has announced strong financial results for the year ended 31 December 2025, reflecting sustained growth, disciplined underwriting and strategic resilience.
Company officials of The New India Assurance Company (Oman Operations ) [NIA Oman] have said the company closed 2025 with gross written premiums exceeding OMR20m ($52m).