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FINANCIAL NEWS
Oman’s insurance Co. grows by 64 percent
30 May 2016
(MENAFN) Takaful insurance Co. in Oman achieved a robust growth of 64 percent in local direct premium at USD 100.89mn in 2015.
Moreover, the firm achieved success, due to the ability of Takaful players to gain people’s trust, ability to offer affordable and competitive premium service.
The direct gross premiums of the insurance industry grew by 11 percent to USD 1.14mn in 2015, from USD 1.024mn in 2014.
However, the average annual growth in insurance sector in the previous five years was 12 percent.
More News
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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