Oman

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

Capital Markets Authority
Web: omancma.org

 

POPULATION, 2011-2014 (1)

Year Population
2011 3,027,959
2012 3,090,150
2013 3,154,134
2014 3,219,775

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $67.5
2010 69.4
2011 76.5
2012 80.9
2013 94.9

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

 

 

LIFE AND NONLIFE INSURANCE PREMIUMS, 2014

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $940
Life premiums 95
Total premiums $1,035
Percent of total world premiums 0.02%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 4/2015.

View Archived Tables

 

 

LEADING NONLIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company OMR Mn USD Mn
Dhofar Insurance Company 57.5 149.5
National Life and General 46.3 120.5
Oman United Insurance 37.0 96.3
Al Ahlia Insurance Company 34.2 88.8
New India Assurance 29.6 76.9
AXA Insurance 20.0 52.0
Oman Qatar Insurance 17.6 45.8
Al Madina Insurance 16.8 43.7
Falcon Insurance 11.4 29.7
Vision Insurance 11.3 29.5

Source: Axco Insurance Information Services.

 

 

LEADING LIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company OMR Mn USD Mn
National Life and General 9.7 25.1
MetLife Alico Insurance 8.5 22.1
Dhofar Insurance Company 5.0 12.9
Oman United Insurance 3.3 8.7
Oman Insurance 2.4 6.2
Falcon Insurance 1.6 4.2
Life Insurance International Corporation 1.4 3.7
Vision Insurance 1.2 3.2
Oman Qatar Insurance 1.2 3.1
AXA Insurance 0.9 2.4

Source: Axco Insurance Information Services.

View Archived Tables