Key Insights And Key Risks As of mid-2013, it is clear that conditions have been mixed for the major players in both segments. In the non-life segment, it appears that al-Ahlia, the local subsidiary of RSA, has been gaining market share at the expense of the other companies. In the life segment, National Life & General Insurance, the main subsidiary of ONIC Holding has achieved substantial growth: this has been thanks to greater sales of health insurance products, both in Oman and the UAE. Other companies have reported declining premiums – in some instances as a result of a deliberate …
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