News Middle East30 Jul 2023

Oman:Insurers' audited financials show aggregate direct premiums jump by 13% in 2022 to over US$1.4bn

| 30 Jul 2023

The Omani insurance sector's total direct premiums rose by 12.8% to reach OMR541.30m ($1.41bn) in 2022 compared to OMR479.86m in 2021, Mr Abdullah bin Salem Al Salmi, CEO of the Capital Market Authority (CMA), has said. The data are based on the audited financial statements of the insurance companies.

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