Bank Muscat inks partnership pact with AIG

April 15, 2014 1:32 am

Bank Muscat has signed a 10-year bancassurance agreement with American International Group Inc. (AIG), under which AIG will become the exclusive provider of non-life insurance products to Bank Muscat customers in the sultanate, Muscat Daily has reported. In the initial phase of the partnership, the range of insurance products available to Bank Muscat’s individual and family customers will include motor coverage, as well as a series of premium products under the bank’s Hayatuna insurance plans. These products include family protection, critical illness, hospital cash, domestic helper and home contents protection.