Omani insurers report 10.4% rise in 2013 premiums

February 27, 2014 12:18 am

Oman’s Capital Market Authority (CMA) has said the total direct insurance premiums in the country rose 10.44% to OR364m last year, compared with OR329.6m in 2012, Muscat Daily has reported. Vehicle insurance commanded the lion’s share of total direct premiums, with a 41% share of the total premiums, followed by health insurance with 17%, and property insurance with a 14%, the market regulator said.