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English news

04-Dec-2016

Gross insurance premiums grow by 3.1% during 9M2016

A 3.1% growth in gross insurance premiums was posted by Omani insurance firms in the first nine months of 2016, over the same period of last year. The gross insurance premiums grew by OMR10.6mn to touch OMR357.2mn compared to OMR346.6mn for the same period of 2015. Life insurance has recorded the biggest growth during the period with 12.5% followed by health insurance (9.4%) and auto insurance (7.3%). (Times of Oman)

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