The Insurance and Social Security Supervisory Authority (ACAPS) has set out new procedures for handling claims related to death insurance contracts in a move to strengthen transparency and beneficiary protection.
Oman's Financial Services Authority (FSA) has issued warnings to two insurers for failing to comply with the rules covering the retention of net health insurance premiums within the Sultanate.
The Company for Cooperative Insurance (Tawuniya has announced its board's recommendation to pay cash dividends totalling SAR225m ($60m) for 2024.