Oman – OR 361 million national investments
Tuesday, 09 19 2017, Category: Insurance and Reinsurance, Country: Oman
The total investments of national insurance companies reached approximately OR 361 million in the end of the second quarter of year 2017.
According to the statistics issued by the Capital Market Authority of which “Economic Al Watan” received a copy, the investments of national insurance companies inside the Sultanate represent 95.7% of total investments compared to 4.3% outside the Sultanate. They are concentrated in banking deposits, stocks, bonds and investment funds.
The investment in banking deposits reached OR 251 million during the second quarter of year 2017 where the investment of national companies in deposits represent 70% of the investments of these companies.
Source: Al Watan