Omani insurance market in 2020

Figures in thousands
Class of business2020 turnover2019 turnover2019-2020 evolution *2020 shares
In OMRIn USDIn OMRIn USD
Health
155 193402 125170 108440 714-8.77%33.31%
Motor
113 364293 741129 803336 292-12.66%24.33%
Property damage
71 376184 94457 845149 86423.39%15.32%
Engineering
22 31257 81323 02359 648-3.09%4.79%
Marine
13 69235 47813 24834 3233.35%2.94%
Third party liability
12 44932 25711 20129 02011.14%2.67%
Other risks
23 75761 55820 65253 50515.03%5.10%
Total non-life412 1431 067 916425 8801 103 366-3.23%88.46%
Group insurance
35 14691 06836 63794 918-4.07%7.55%
Individual life insurance
18 60648 21124 06562 348-22.68%3.99%
Total life53 752139 27960 702157 266-11.45%11.54%
Grand total465 8951 207 195486 5821 260 632-4.25%100%

* Evolution in local currency
87 / 5000 Résultats de traduction Exchange rate as at 31/12/2020: 1 OMR = 2.59113 USD; as at 31/12/2019: OMR 1 = USD 2.59079

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