01
Document overview
The principal statute governing market entry by insurers, licensed insurance classes, financial safeguards, reporting, supervision, portfolio transfers, restructuring and cessation of insurance business.
02
Scope and exclusions
Applies to
Applies to companies carrying on general, health, life and savings insurance in Oman, and to reinsurance within the statutory definition.
Limitations and exclusions
Does not replace the separate regimes for takaful, compulsory motor insurance, health insurance, intermediaries, electronic distribution or AML/CFT; those apply cumulatively.
04
Official source
Royal Decree 12/1979 · as amended, including Royal Decree 44/2021 · Oman Ministry of Justice and Legal Affairs
September 13, 2026
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