Omani insurance market: 2020 results
All Omani insurers listed on the stock exchange recorded a 43% increase in their net profit in 2020. The latter went from 24.6 million OMR (63.7 million USD) in 2019 to 35 million OMR (90.6 million USD) a year later.
This performance reflects the decline in the claims rate in 2020, particularly in the health and motor activities due to the lockdown.
National Life & General Insurance leads the way in terms of results with a net profit of 15 million OMR (38.8 million USD) at the end of 2020.
0
Your rating: None
Tue, 02/02/2021 - 15:31
The online magazine
Live coverage
17:36
15:34
11:25
10:00
04/17
Latest news