Oman insurers' investments rise 16.2% to RO903.3mn as funds and overseas holdings grow

Insurers in Oman are putting more of their investment money into funds, listed shares and corporate bonds, according to unaudited Financial Services Authority (FSA) statistics for the end of June 2026 reported by Muscat Daily on 3 October. Total investments of insurance companies operating in the sultanate reached RO903.3mn, 16.2% more than the RO777.6mn of a year earlier.

Domestic investment funds more than doubled, rising 114.1%, and listed equities and commercial bonds also grew strongly, while holdings of government bonds and real estate fell slightly. Investments outside Oman grew by 23.4%, faster than the 14.7% rise in domestic investments.

Deposits still make up the largest block. For national insurers, cash and bank deposits were the biggest category at RO269.2mn, close to 45% of their RO599.5mn total; foreign insurers held RO303.8mn. Most of the money stays in the country: about 80% of national insurers' investments and about 86% of foreign insurers' investments were placed in Oman.

Four companies held about 44% of the sector's investments, the report said. Dhofar Insurance led with RO113.3mn, followed by Gulf Insurance Group, Liva Insurance and Oman Qatar Insurance.