Oman Consumer Electronics Q4 2019
The insurance market in Oman does offer some growth potential, concentrated primarily in basic lines in the non-lifemarket, namely motor, health and property insurance. Improving employment and income rates will make insurance cover moreaffordable and providers are reaching more first time users by developing more market appropriate product lines and expandingdistribution channels. Regulatory changes also have the potential to drive up premiums. Fundamentally, however, this will remain asmall market due to the limited population size and weak demand for traditional insurance cover among most residents.
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