About Us

Building a Better Life

  • First and the Largest Composite Insurance Company in Oman (No.1 by Gross Written Premium)
  • Strong network of branches and intermediary brokers and agencies with around 200 combined touch point for policy sales and servicing in Oman
  • Dedicated, professional employees, well trained in the insurance domain.
  • As part of regional expansion plan , has 2 branches in Abu Dhabi and Dubai
  • A Dominant Player in Health Insurance with high market share
  • Won various awards and accolades for Business, Quality like The Bizz Awards, Best Life Insurance Company by World Finance, Finance Awards 2015 to name a few
  • Bancassurance tie up with leading bank in Oman to offer Insurance to their customers
  • Strong Tie up with Worlds leading Reinsurers
  • Well equipped with latest technologies and systems

Financial Strength & Quality

  • Total Assets of RO 127 Million.
  • Good (B++) financial strength rating from A.M Best Co
  • ISO 9001:2008 certified
  • Strong Tie up with Worlds leading Reinsurers

With a Good (B++) financial strength rating from A.M Best Co., and an international quality rating of ISO 9001:2008 from BSI, National Life & General has been providing financial security and peace of mind to its satisfied customers with a comprehensive range of Life & General Insurance Products. A.M Best's Financial Strength Rating is an independent opinion of an insurer's financial strength and ability to meet its ongoing insurance policy and contract obligations. The rating is based on a comprehensive quantitative and qualitative evaluation of a company's balance sheet strength, operating performance and business profile. B++ Good Rating is assigned to companies that have, in A.M Best's opinion, a good ability to meet their ongoing insurance obligations.

Its ability to focus on local needs and deliver solutions appropriate to this need has today made NLG the Sultanate's market leader in the Life Insurance Industry and is also setting its standards in General Insurance Industry.

Our Core Strength

  • We are the only company that has well established, trained staff strength of more than 285 Members dedicated to Insurance business.
  • Our experience has given us expertise, which is reflected in the quality of the service we provide to our customers. It is this commitment that has given us a leadership status in the market place today.
  • Experts in their own fields manage different departments required to run the Life & General Insurance business efficiently.
  • NLG is a market leader in its field of specialization. Products have been intensively researched to provide customers with life & Non-life assurance policies that cater to their needs.
  • Today "NLG" is a well recognized brand in Oman and provides insurance protection to nearly two hundred thousand individuals.
  • With its wide customer base and strong standing in the market, the name - National Life & General has become synonymous with Insurance.
  • Our satisfied customers have further promoted our presence in the market.
  • An asset base of 127 Million Omani Riyals, gives stability to the company and assurance to the market in general
  • We are market leaders in the Sultanate in the Health Insurance Industry with a market share of over 65% in Oman.
  • We aim to set similar standards in the General Insurance Industry.
  • We are having a strong branch network with 16 branches in Oman and 2 branches in UAE.
  • Our market leadership in the Sultanate has generated an overwhelming response from other players in the GCC region for tie-ups, associations and partnerships.
  • We have already established our branch operations in Dubai & Abu Dhabi, catering to the life insurance market of UAE.
  • We have plans to expand to other GCC countries to offer our expertise and experience to the entire Gulf region and become a major player there too.

Company Parentage

National Life & General Insurance Company SAOC (NLG) is a subsidiary (97.93%) of Oman International Development and Investment Company SAOG (www.ominvest.net). The residual shares are held by Bank Muscat SAOG (2.06%) and others.

NLG is registered with the Ministry of Commerce and Industry (MOCI), Oman, as a Closely held Joint Stock Company as per The Commercial Companies Law 1974. Further NLG is licensed to do Life and General Insurance business under The Insurance Companies Law.