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Figures in thousands
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| Class of business | 2024 turnover | 2023 turnover | 2023-2024 evolution (1) | 2024 shares | ||
| OMR | USD | OMR | USD | |||
| Motor | 118 215 | 306 146 | 111 127 | 287 849 | 6.38% | 23.33% |
| Health | 112 952 | 292 516 | 216 213 | 560 050 | -47.76% | 22.29% |
| Property damage | 101 269 | 262 261 | 84 994 | 220 158 | 19.15% | 19.99% |
| Engineering | 25 670 | 66 479 | 20 987 | 54 362 | 22.31% | 5.07% |
| Marine | 17 939 | 46 457 | 18 065 | 46 793 | -0.70% | 3.54% |
| Third-paty liability | 17 759 | 45 991 | 17 360 | 44 967 | 2.30% | 3.51% |
| Other risks | 28 667 | 74 240 | 29 348 | 76 019 | -2.32% | 5.66% |
| Total non-life | 422 471 | 1 094 090 | 498 094 | 1 290 198 | -15.18% | 83.39% |
| Group insurance | 42 195 | 109 274 | 47 504 | 123 048 | -11.18% | 8.33% |
| Individual insurance | 41 965 | 108 679 | 19 914 | 51 583 | 110.73% | 8.28% |
| Total life | 84 160 | 217 953 | 67 418 | 174 631 | 24.83% | 16.61% |
| Grand total | 506 631 | 1 312 043 | 565 512 | 1 464 829 | -10.41% | 100% |
(1) Evolution in local currency
Exchange rate as at 31/12/2024: 1 OMR = 2.58974 USD; at 31/12/2023: 1 OMR = 2.59027 USD
Source: Financial Services Authority, Insurance Market Index in the Sultanate of Oman 2023-2024
To discover: Atlas Insurance Reports – Oman 2024
