Muscat Insurance Company

MIC was formed in 1995 and owes its formation to its founding members, Late H.E. Dr. Omar Zawawi, Special Advisor for External Liaison to the Late His Majesty Sultan Qaboos bin Said. Muscat Insurance Company SAOG (MIC) was restructured in 1999 into three companies: Muscat National Holding Company SAOG (Parent Company), Muscat Insurance Company SAOG and Muscat Life Assurance Company SAOC (fully owned subsidiaries). Established 22 years ago we are pleased to announce that A.M. Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of ?BBB-? for Muscat Insurance Company SAOG. The outlook of these Credit Ratings remains stable, which is indicative of our financial and management strength. We also enjoy top ranked security from A rated reinsurance companies. Main Activities We offer our clients a full Risk Management service to identify the risks associated with their business, to quantify the likelihood and severity of those risks and to help them mitigate those risks. Insurance is just one way of doing this. Muscat Insurance Commercial Insurance Products Property All Risk, Fire and Business Interruption Marine (Hull, Cargo and Goods in Transit) General Accident (Theft, Money, Fidelity, Workmen?s Compensation) Liability (Employers Public and Products, Professional, Directors & Officers) Engineering (Construction/Erection Project Works, Machinery Break Down, Business Interruption, Deterioration of Stocks, Computer) Personal Insurance Products Motor Personal Accident Home Insurance (Buildings and/or Contents) Travel Domestic Servants (Accidents, Sickness, Repatriation) Corporate Values Excellent service to all customers A thoroughly professional image in all our transactions Prompt, efficient and fair claims handling Protection and enhancement of our shareholders investment by a commitment to prudent underwriting / Claims history and a sound investment policy Empowerment of all staff to reach their full potential