According to the Omani Capital Market Authority (CMA), the indemnities paid by motor insurers amounted to 25 million OMR (64.7 million USD) in 2022. This amount represents a 12.6% decrease compared to the end of 2021.
This decline has been recorded despite a 15.5% increase in the number of road accidents which reached 76 200 by the end of 2022.
Read also | Top 10 insurance companies in Oman [4]
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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-200-april-2023
[4] https://www.atlas-mag.net/en/article/omani-insurance-industry-top-10-insurers-in-2019