1.200 billion the size of the assets of insurance companies in the Sultanate of Oman.

Muscat Media In: Data for insurance companies indicate an increase in the total assets of insurance companies during the past year by 7.5% to reach 1,197.55 million Omani riyals. The financial statements indicated that the insurance sector’s contribution to the gross domestic product amounted to 1.48%, and that the capital of insurance companies amounted to about 274.66 million Omani riyals during the past year.