Oman's insurers may struggle with move to compulsory health cover
Oman's insurance industry will need to overcome operational deficiencies, including underdeveloped claims management infrastructure, in order to respond to incoming rules requiring mandatory health insurance for the country's population. If this can be achieved, however, gross written premiums in the country are forecast to increase by roughly 10% in the next two years, according to S&P Global Ratings. The health insurance rules will begin to be implemented in January and will be rolled out in phases, with expatriates the first to be enrolled. 

The implementation of a compulsory healthcare insurance scheme in Oman will boost growth in the country's under-penetrated insurance market, S&P Global Ratings says in a new report. But the market will need to address technical and operational weaknesses in order to bolster incomes and make the most of the growth opportunities, says the international rating agency.