Magazine date:
Jun 2020 
The Capital Market Authority (CMA) is launching an e-service to determine the value of a vehicle in a total loss, i.e. reduced to a wreck.
The service now available to the stakeholders of the Omani insurance market [4], speeds up the claim settlement process.
Motor insurance is the second biggest class of business in the Sultanate with 26.7% of underwritten premiums which in 2019 amounted to 129.8 million OMR (336 million USD) for 95.5 million OMR (247 million USD) of incurred losses.