Times of Oman
Oct 07, 2015 LAST UPDATED AT 09:46 PM GMT
Oman govt sets OMR10m as new capital base for insurance firms
August 19, 2014 | 12:00 AM
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Muscat: The Oman government has raised the minimum capital of insurance firms to OMR10 million from OMR5 million and has asked national insurance firms to float shares on the Muscat Securities Market (MSM) within three years.

A Royal Decree was recently issued to amend certain clauses of the Insurance Companies Law related to minimum capital and listing of companies.

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