News Middle East06 Jul 2022

Oman:Pricing practices improve among listed insurers

| 06 Jul 2022

Listed insurance companies in the Sultanate of Oman saw an increase in the weighted average loss ratio to 68% in 1Q2022 from 65% in 1Q2021, as the increase in claims outpaced the increase in premium income, despite improved pricing practices among the insurers, notes Badri Management Consultancy, an international actuarial consulting company.

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