National Life & General

National Life & General Insurance Company SAOC
Closed joint stock company
Industry
Founded 1983 (1983)
Headquarters Muttrah, Muscat, Oman
Key people
  • Anwar Hilal Hamdoon Al Jabri (Chairman)
  • S. Venkatachalam (CEO)
Products
Parent
Website www.nlicgulf.com

National Life & General Insurance Company SAOC (Arabic: الوطنية الحياة والعام‎; NLGIC) is an insurance company in Oman. It was the second largest insurer by gross premiums written in the country in 2012 and is part of the Ominvest Group.[1] In addition to its base in Oman, the company operates in Dubai and Abu Dhabi.[2]

NLGIC was established in 1983 and was a subsidiary of Oman National Investment Corp (ONIC).[3] It is the first insurer in Oman.[4] The company came into the fold of Ominvest after the merger between Ominvest and ONIC in 2015.[5]

The company offers both life and general insurance products through its brokers, bancassurance partners, online and other channels.[4] In 2014, it was recognised as Best Life Insurance Company in Oman at the World Finance Global Insurance Awards.[6]

References

  1. ↑ "MENA Insurance Markets: A Mini Guide" (PDF). MENA Insurance Review. 2012. Retrieved 2015-08-31.
  2. ↑ "National Life & General Insurance to start Abu Dhabi operation by October". Times of Oman. 2014-08-14. Retrieved 2015-08-31.
  3. ↑ "Company Overview of National Life & General Insurance Company SAOC". Bloomberg Business. Retrieved 2015-08-31.
  4. 1 2 "NATIONAL LIFE TO LAUNCH NEW PRODUCT". Muscat Daily. 2015-09-03. Retrieved 2015-08-31.
  5. ↑ "Merger of Ominvest-ONIC would create robust holding firm: GBCM". Muscat Daily. 2015-05-26. Retrieved 2015-08-31.
  6. ↑ "NLGIC bags 'Best Life Insurance Company -Oman 2014' award". Muscat Daily. 2014-12-27. Retrieved 2015-08-31.
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