Oman’s insurance market is estimated to reach $1.3 billion in 2024, registering a compounded annual growth rate (CAGR) of 2.7 per cent from 2019, according to the GCC Insurance Industry report published by Alpen Capital (ME) Limited, a Dubai-headquartered investment banking advisory firm. The life segment is estimated to grow at a CAGR of 6.1 per cent while the non-life segment is estimated to grow at a CAGR of 2.1 ...
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