Oman 2008

Direct premiums per company and per class of business in 2008

in USD

	Motor	Property damage	Marine	Others	Non life total	Life	Grand total	Share (%)	2007/08 growth
National companies
Dhofar Insurance	56 085 140	31 687 047	13 516 960	13 768 232	115 057 379	7 275 004	122 332 383	22.5	2.9%
Oman United Ins	39 368 032	3 478 210	4 846 225	8 494 485	56 186 952	27 714 560	83 901 512	15.4	23.8%
Al Ahlia Ins	33 357 295	9 324 247	6 986 832	14 451 048	64 119 422	1 330 219	65 449 641	12.0	48.5%
National Life Ins	15 895 379	154 118	26 348	557 830	16 633 675	33 964 666	50 598 341	9.3	96.3%
Royal & Sun Alliance	11 072 990	11 046 284	3 468 204	1 591 081	27 178 559	-	27 178 559	5.0	4.2%
Al Madina Gulf Ins	16 456 728	3 730 754	493 473	3 956 890	24 637 845	1 198 217	25 836 062	4.7	167.1%
Oman & Qatar Ins	9 375 858	4 483 962	822 741	1 133 941	15 816 502	-	15 816 502	2.9	5.2%
Muscat Ins	2 860 880	8 985 909	1 399 673	2 043 014	15 289 476	-	15 289 476	2.8	0.7%
Muscat Life Ins	-	-	-	-	-	14 115 970	14 115 970	2.6	30.1%
Falcon Insurance	3 986 540	3 731 849	1 119 805	4 292 139	13 130 333	77 416	13 207 749	2.4	-9.5%
Vision Insurance	6 339 102	485 022	53 151	1 714 948	8 592 223	-	8 592 223	1.6	0%
Total	194 797 944	77 107 402	32 733 412	52 003 608	356 642 366	85 676 052	442 318 418	81.2	27.1%
Foreign companies
New India Assurance	18 162 998	2 502 663	4 590 089	9 089 098	34 344 848	-	34 344 848	6.3	21.9%
Axa Insurance	8 532 245	2 532 064	2 699 526	6 129 914	19 893 749	1 822 727	21 716 476	4.0	31.5%
American Life Insurance	-	- 1 623	-	1 875 131	1 873 508	15 896 532	17 770 040	3.3	-13.8%
Arabia Insurance	10 354 149	490 326	1 048 098	2 576 043	14 468 616	854 696	15 323 312	2.8	31.6%
AIG Memsa For Insurance	-	308 291	-	5 795 591	6 103 882	-	6 103 882	1.1	0%
Life Insurance Corp Inter	-	-	-	-	-	3 202 132	3 202 132	0.6	32.1%
Al Nisr Insurance	2 215 539	70 241	121 486	704 786	3 112 052	-	3 112 052	0.6	1.2%
Iran Insurance	15 987	480 918	30 828	13 263	540 996	-	540 996	0.1	12.4%
Total	39 280 918	6 382 880	8 490 027	26 183 826	80 337 651	21 776 087	102 113 738	18.8	23.1%
Grand total	234 078 862	83 490 282	41 223 439	78 187 434	436 980 017	107 452 139	544 432 156	100	26.4%

Market shares per company in 2008

¹ 10 companies

Breakdown per class of business: 2007-2008

in USD

	Premiums 2008	Shares 2008	Premiums 2007	Shares 2007
Non life
Motor	234 078 862	43%	167 829 435	38.9%
Property damage	83 490 282	15.3%	80 877 824	18.8%
Marine	41 223 439	7.6%	31 150 981	7.2%
Others	78 187 434	14.4%	68 415 547	15.9%
Non life total	436 980 017	80.3%	348 273 787	80.8%
Life
Life	107 452 139	19.7%	82 595 169	19.2%
Grand total	544 432 156	100%	430 868 956	100%

Market shares per class of business in 2008

Exchange rate OMR/USD as at 31/12	2007	2008
Exchange rate OMR/USD as at 31/12	0.38359	0.38257

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Mon, 20/05/2013 - 15:02

Oman 2008

Direct premiums per company and per class of business in 2008

Market shares per company in 2008

Breakdown per class of business: 2007-2008

Market shares per class of business in 2008

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