Highlights
National Life and General Insurance to open branch in Kuwait
National Life and General Insurance (NLGIC) has obtained a licence for operations in Kuwait. This is the company’s second foray into countries outside Oman, said a company release.
“We are glad to get this opportunity to do business in Kuwait. We would like to thank the Kuwait administration, as well as the Oman establishment, for all the support given to us from time to time. Kuwait is a potential market and we look forward to providing our expertise and best business practices to the people of Kuwait also and replicate our growth story,” said S Venkatachalam, chief executive officer of National Life and General Insurance.
NLGIC already has operations in the United Arab Emirates (UAE), in addition to Oman. The Kuwait operation is another feather in the cap of insurance major’s wide network coverage.
The company currently has more than 190 sales or service touch points across Oman and the UAE. Now Kuwait would be added to its expanding geographical reach. NLGIC offers various products in life, general and corporate insurance and is the market leader in medical insurance.
“In line with our strategy to offer insurance solutions on personal lines, Kuwait is a market, where we see tremendous potential in personal lines insurance. We see this is an opportunity to replicate our UAE success in Kuwait also.”
-
Economy2 months agoNumber of Workers in GCC Countries Increase From 2021 to 2025
-
Magazines1 month agoOER Magazine April 2026 Issue
-
Oman2 months agoREVIEW: WHOOP and the Rise of Performance Luxury
-
Economy2 months agoElectricity Tariffs Reduced for Residential Use – What It Means for You
-
Lifestyle1 month agoAP x Swatch Royal Pop: A Rule-Breaking Collaboration That Takes the Royal Oak Off the Wrist
-
News2 months agoANALYSIS: Oil Slips As Peace Hopes Reprice Middle East Risk, But Supply Tightness Keeps Market On Edge
-
Banking & Finance1 month agoTariq Atiq Appointed as CEO of Bank Nizwa
-
Oman1 month agoWhat Is Musstir Heights, Oman’s RO300mn Mountain Destination?

You must be logged in to post a comment Login