Top 10 insurance companies in Oman

Top 10 insurance companies in Oman by 2022 turnover

Figures in thousands

Ranking 2022Companies2022 turnover2021 turnover2021-2022 turnover (1)2022 shares
OMRUSDOMRUSD
1National Life & General Insurance (NLIF)231 076598 380146 459379 27257.78%42.69%
2Dhofar Insurance (DICS)65 069168 49955 021142 48318.26%12.02%
3Al Medina Takaful (AMAT)44 708115 77344 124114 2641.32%8.26%
4Oman & Qatar Insurance (OQIC)37 65597 50931 39481 29819.94%6.96%
5Oman United Insurance (OUIC)32 18783 35030 45878 8745.68%5.94%
6Takaful Oman Insurance (TAOI)31 54881 69526 65569 02618.36%5.83%
7Arabian Falcon Insurance (AFIC)23 11259 84920 44352 93913.06%4.27%
8Vision Insurance SAOG (VISN)21 26355 06117 60945 60120.75%3.93%
9Al Ahlia Insurance (AINS)21 02654 44817 57145 50219.66%3.88%
10Muscat Insurance (MCTI)15 26339 52413 80735 75510.55%2.82%
Total top 10 companies522 9071 354 088403 5411 045 014185.36%96.60%
Reste of the market (2)18 41947 69776 316197 629-75.86%3.40%
Total market541 3261 401 785479 8571 242 64312.81%100%

(1) Evolution in local currency
(2) 10 companies
Sources: Company reports et https://cma.gov.om/Home/InsuranceMarketReview
Exchange rate as at 31/12/2022 : 1 OMR = 2.58954 USD ; as at 31/12/2021 : 1 OMR = 2.58961 USD

Insurance companies in Oman: net result 2021-2022

Figures in thousands USD

Compagnies20222021Evolution 2021-2022 (1)Parts 2022
Dhofar Insurance (DICS)9 7526 61447,45%12,77%
National Life & General Ins (NLIF)8 04819 355-58,42%10,54%
Al Ahlia Insurance (AINS)7 5629 910-23,70%9,90%
Oman & Qatar Ins (OQIC)7 4428 129-8,44%9,74%
Oman United Ins (OUIC)7 14210 255-30,35%9,35%
Al Medina Takaful (AMAT)2 7482 47311,10%3,60%
Arabian Falcon Insurance (AFIC)2 7164 340-37,41%3,56%
Vision Insurance SAOG (VISN)2 007-4 646-143,20%2,63%
Muscat Insurance (MCTI)1 2331 994-38,18%1,61%
Takaful Oman Ins (TAOI)-2 2141 971-212,35%-2,90%
Total46 43660 395-23,11%60,79%
Reste du marché (2)29 9536 313374,45%39,21%
Total marché76 38966 70814,51%100%

(1) Growth rate in local currency
(2) 10 companies

Insurance companies in Oman: share capital 2021-2022

Figures in thousands USD

Compagnies20222021Evolution 2021-2022 (1)Parts 2022
National Life & General Ins (NLIF)103 16068 62550,33%13,37%
Al Medina Takaful (AMAT)45 31745 318-5,87%
Takaful Oman Ins (TAOI)41 43325 89660%5,37%
Muscat Insurance (MCTI)28 55028 550-3,70%
Dhofar Insurance (DICS)28 48525 89610,00%3,69%
Arabian Falcon Insurance (AFIC)26 75026 751-3,47%
Oman & Qatar Ins (OQIC)25 89525 896-3,36%
Oman United Ins (OUIC)25 89525 896-3,36%
Al Ahlia Insurance (AINS)25 89525 896-3,36%
Vision Insurance SAOG (VISN)----
Total351 380298 72417,63%45,55%
Reste du marché (2)420 044412 5381,82%54,45%
Total marché771 424711 2628,46%100%

(1) Growth rate in local currency
(2) 10 companies

Insurance companies in Oman: shareholder’s equity 2021-2022

Figures in thousands USD

Compagnies20222021Evolution 2021-2022 (1)
National Life & General Ins (NLIF)327 530172 02090,41%
Al Ahlia Insurance  (AINS)105 485104 3981,04%
Oman United Ins (OUIC)78 10679 838-2,17%
Dhofar Insurance (DICS)76 41070 0649,06%
Oman & Qatar Ins (OQIC)59 26253 79710,16%
Al Medina Takaful (AMAT)56 78858 859-3,52%
Arabian Falcon Insurance (AFIC)52 23952 763-0,99%
Takaful Oman Ins (TAOI)47 32975 865-37,61%
Muscat Insurance (MCTI)46 48245 2692,68%
Vision Insurance SAOG (VISN)---
Total849 631712 873-

(1) Growth rate in local currency
(2) 10 companies

Insurance companies in Oman: ROE 2021-2022

Compagnies20222021
Dhofar Insurance (DICS)12,76%9,44%
Oman & Qatar Ins (OQIC)12,56%15,11%
Oman United Ins (OUIC)9,14%12,84%
Al Ahlia Insurance (AINS)7,17%9,49%
Arabian Falcon Insurance (AFIC)5,20%8,23%
Al Medina Takaful (AMAT)4,84%4,20%
Muscat Insurance (MCTI)2,65%4,40%
National Life & General Ins (NLIF)2,46%11,25%
Takaful Oman Ins (TAOI)-4,68%2,60%
Vision Insurance SAOG (VISN)--
Oman
0
Your rating: None
Advertising Program          Terms of Service          Copyright          Useful links          Social networks          Credits