Ranking of insurance companies in Oman

August 03, 2026
Oman

Figures in thousands

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CompaniesTurnover 2025Turnover 2024Evolution 2024-2025 (1)Shares 2025
OMRUSDOMRUSD
Local companies
Dhofar Insurance96 310249 73887 990227 8719.5%17.5%
Liva Insurance96 024248 99681 844211 95517.3%17.4%
Oman Qatar Insurance72 044186 81470 086181 5052.8%13.0%
Al Madina Insurance55 670144 35651 460133 2688.2%10.1%
Takaful Oman Insurance50 190130 14640 238104 20624.7%9.1%
Oman United Insurance35 48792 02030 90680 03814.8%6.4%
Arabia Falcon Insurance31 35081 29228 16172 93011.3%5.7%
Muscat Insurance18 70348 49818 70548 4410.0%3.4%
Total455 7781 181 860409 3901 060 21411.3%82.6%
Foreign companies
Gulf Insurance Group37 25096 59135 75892 6044.2%6.8%
The New India Assurance18 70748 50916 51242 76213.3%3.4%
Orient Insurance11 25129 17513 32334 503-15.6%2.0%
Sukoon Insurance10 52827 30012 30231 859-14.4%1.9%
American Life Insurance9 67625 0909 21823 8725.0%1.8%
Cigna Middle East Insurance6 09615 8075 37613 92213.4%1.1%
Iran Insurance1 7394 5093 89810 095-55.4%0.3%
Saudi Arabian Insurance7832 0308542 212-8.3%0.1%
Total96 030249 01197 241251 829-1.2%17.4%
Grand total551 8081 430 871506 6311 312 0438.9%100%

(1) Growth rate in local currency

Exchange rate as at 31/12/2025: 1 OMR = 2.59306 USD ; at 31/12/2024: 1 OMR = 2.58974 USD ; at 31/12/2023: 1 OMR = 2.59027 USD ; at 31/12/2022: 1 OMR = 2.58954 USD ; at 31/12/2021: 1 OMR = 2.58961 USD


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