MUSCAT: National Life & General Insurance Company (National Life) has reported yet another significant milestone by achieving a record Gross Written Premium (GWP) of RO 101.20 million for financial year 2016 — making it the largest composite insurer in the country.
S Venkatachalam (pictured), Chief Executive Officer, National Life & General Insurance, said, “We’re pleased to report this important milestone along with solid growth and profitability through the year 2016. The faith reposed in us by our customers has enabled us to achieve this significant milestone and is reflected in the quantum of our Gross written premium. Despite a challenging economic environment in the year 2016, National Life’s stellar performance proves that our strategy of providing value to customers is yielding the desired result”.
He further added, “With this important milestone, National Life has once again established its distinctive role and presence in the marketplace and we’re cautiously optimistic about our outlook for the year 2017. With commitment and the engagement of our teams, focused approach towards customers, strong quality products, wide distribution network and best-in-class service quality, we have been consistently delivering these strong results year on year.
National Life offers a broad array of life and general insurance products to individuals, associations and businesses of all sizes.
These products are tailor-made to suit the customer.
Says Venkatachalam, “Apart from the expansive product range what differentiates us in the industry is our unmatched high service standards, which ensures ease and convenience for customers.” He further added, “At National Life, bringing convenience to customers has always been a priority for us. We’re continuously striving to find innovative ways to serve our customers in a better way to make things easy and convenient for them. Our focus is to revolutionize our product offerings and services while bearing in mind the unique priorities of our customers”.
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