News Middle East07 Mar 2021

Oman:Back-to-normal claims levels this year will weigh on insurers' earnings

| 07 Mar 2021

Weaker economic conditions and an estimated decline in the expat population of about 12% (close to 230,000 people) led to a decline in GWP in the Omani insurance market by 4%-5% in 2020, says S&P Global Ratings.

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