RIYADH: Oman’s insurance sector has showcased resilience and growth with a 11.9 percent surge in premiums during the first half of 2023 compared to the same period in the previous year, reported the state-run news agency. According to Oman News Agency, the total insurance premiums collected soared to 332.9 million Omani rials ($866 million), reflecting a robust financial landscape for insurance firms operating within the Sultanate. The industry’s performance is notably attributed to national companies, which commanded a significant 85.7 percent share of the total premiums, amassing 285 million Omani rials.