Category: Insurance

National Life net profit soars 303 per cent

National Life and General Insurance Company (National Life), a leading composite insurer in Oman, said its profit after tax grew by 303 per cent toRO4.70mn for the first half of 2017, from RO1.16mn in the first half of 2016. Thus, National Life has already exceeded the net profit of the entire year of 2016. National Life […]

NL chairman
Making a Mark

Anwar Hilal Hamdoon Al Jabri, Chairman of National Life & General Insurance Company talks about the company’s journey, milestones and future outlook   National Life is the largest composite insurance company in Oman. Can you highlight the growth of the company? National Life is one of the largest and fastest growing insurers in the insurance […]

Banking & Finance
Abdullah Tamman Al Maashani
Untapped potential

Life insurance penetration levels remain extraordinarily low in Oman and across the GCC region. However, the rise of the affluent and middle class with more purchasing power, a growing awareness of insurance products and the advent of sharia-compliant life insurance products are expected to boost the industry in the long run The wisdom of insurance […]