Arabia Falcon Insurance Company SAOG Overview
Pro stress-test →Arabia Falcon Insurance Company (AFIC) provides corporate and general insurance services in Oman. The company was formed by the merger of two successful, all-line insurance companies, with the merger completed in March 2017 and operations as a single entity beginning in April 2017.
Strategic Profile
Pro stress-test →AFIC is one of the leading insurance companies in Oman, benefiting from over 70 years of regional expertise through its parent Arabia Insurance group. The company serves individual and corporate clients through various products including motor, life, medical, and property & casualty insurance.
Competitive Landscape
Pro stress-test →AFIC competes within Oman's general and life insurance market against other regional carriers. The company operates through branches and agents across the Sultanate of Oman, positioning itself as a comprehensive, customer-centric provider in a consolidating market.
Industry Context
Arabia Falcon Insurance Company SAOG operates in General and Life Insurance - Oman.
Key facts
Founded: 2017 · Headquarters: Muscat, Oman · Employees: 122 · Revenue: $20.8M · Market cap: $30.7M