author - oman observer

If a collision were to occur involving Iranian vessels, resulting in marine environmental pollution, fatalities or injuries, and damage to vessels, cargo, property and third parties, while effective...

The health sector is not merely a social service sector; it is one of the most important economic, investment and social sectors, directly contributing to quality of life, human well-being,...

It is often said that motor insurance premiums have increased in the Omani market. However, it is important to look at the complete picture rather than focusing solely on the premium amount. The issue...

Economic legislation plays a fundamental role in regulating markets, protecting stakeholders, promoting financial stability and supporting sustainable economic growth. However, the success of any...

Medical and health tourism has become one of the promising sectors receiving increasing global attention, not only as a healthcare service, but as an integrated economic ecosystem connected with...

Listening to employees — particularly those in junior positions — is one of the key indicators of workplace quality and management effectiveness. When recurring concerns arise related to fairness,...

One of the most significant challenges facing the insurance industry in the Arab world is its continued reliance on external models and schools of thought in regulation, management, and performance...

Insurance is considered one of the fundamental pillars of economic stability and risk management in any country, as it is closely linked to protecting individuals and institutions from potential...

There is a pivotal role for supervisory and regulatory authorities in the financial, business, banking, and insurance sectors, as sustainable development goals and economic growth cannot be achieved...

The Sultanate of Oman is undergoing a pivotal phase of economic transformation under the wise guidance of His Majesty Sultan Haitham bin Tarik as part of the national path of “Renewed Omani...

Safeguarding and protecting citizens, residents and investors is a fundamental responsibility of the state. This includes ensuring security from natural and human-made risks, protecting assets and...

The United States is a constitutional republic founded, in principle, on the separation of powers and the rule of law. However, its conduct in certain international affairs is often interpreted as...

Amidst escalating geopolitical challenges and an increasingly complex regional and global landscape, the insurance and reinsurance industry stands out as the first line of defence against unforeseen...

The Sultanate of Oman enjoys a unique geographical position at the southeastern tip of the Arabian Peninsula. It overlooks the Indian Ocean, the Arabian Sea and the Arabian Gulf, with an extensive...

Recent insurance market index year 2023- 2024 statistics indicate a concerning deterioration in key performance indicators. This trend raises important questions about underwriting discipline,...

Any construction company or contractor or small, medium enterprises (SMEs) requires surety bonds when a contractor bids or as a condition of contract awarded. Most government clients or others have a...

Environment, Risk Management & Insurance Products The economy in the Sultanate of Oman, as indeed that of the other GCC countries, is dominated by the national government. As a result, the insurance...

Like any business, insurance and reinsurance are practiced in a world of change. The last few years have witnessed unprecedented changes in the types of risks that the insurance industry is called...