Saturday 27 / June / 2026
Muscat: Preliminary data issued by the Financial Services Authority (FSA) show that total investments of insurance firms operating in the Sultanate of Oman reached OMR876.3 million by the first quarter (Q1) of 2026, marking a growth of 10.3% compared to the same period in 2025.
This reflects the growing role of the insurance sector in supporting the country’s economy through the deployment of its assets and savings across various investment channels, thereby contributing to the enhancement of economic activity and the stimulation of growth.
Insurance companies manage their investment portfolios in accordance with the Regulation of Investment of Assets of Insurance and Takaful Insurance Companies issued under Decision No. (76/2020), which serves as the regulatory framework adopted by the FSA to govern the investment of insurance policy funds and equity of shareholders, enhancing financial sustainability and mitigating investment risks.
The regulation also requires companies to allocate at least 70% of their total investments within the Sultanate of Oman, while setting specific controls and investment limits across different asset classes, including bank deposits, equities, bonds, and real estate.
The data indicate that Oman’s insurance firms accounted for approximately OMR588.8 million of the sector’s total investments, compared to around OMR287.5 million for foreign firms, reflecting the significant role played by insurance firms as active institutional investors contributing to financial stability. The data also show that Oman’s firms allocated around 80% of their investments within the Sultanate of Oman, while foreign firms directed about 85% of their investments locally, reflecting growing confidence in Oman’s investment environment and its ability to attract institutional capital.
Investments of Oman’s insurance firms were distributed across several asset classes that directly support the national economy. Cash and bank deposits accounted for the largest share, at approximately OMR263.9 million, representing around 45% of total investments of the firms. This was followed by investments in corporate bonds worth around OMR87.2 million, government bonds at approximately OMR79.4 million, and listed equities at around OMR73.6 million, contributing to market liquidity and supporting local financing and investment instruments.
The data also showed notable growth in several investment channels within the Sultanate of Oman compared to Q1 2025, with listed equities rising by 90.6%, investment funds by 78.4%, corporate bonds by 37.4%, and unlisted equities by 32%. This reflects greater diversification in investment portfolios of insurance firm and a shift towards enhancing investment returns within a regulated and stable investment environment.
In terms of firm-level investments, the top four insurance companies accounted for 44% of total sector investments. Gulf Insurance Group ranked first with total investments of approximately OMR106.8 million, followed by Dhofar Insurance with around OMR106.4 million, Liva Insurance with about OMR97.7 million, and Oman Qatar Insurance with total investments of OMR75 million.
These indicators underscore the growing economic role of the insurance sector in the Sultanate of Oman, not only as a provider of protection for individuals and institutions, but also as an active institutional investor that channels capital into investment avenues supporting economic growth, strengthening financial market stability, and providing liquidity to stimulate economic activity and achieve sustainable development.
