Liva Group SAOG Overview
Pro stress-test →Liva Group SAOG is an Oman-based company engaged in the provision of multi-line insurance, operating through Life and General segments serving both Individual and Corporate clients. The company is the leading multi-line insurance company in the GCC region, offering Motor, Home, Travel, Health, Life, and business insurance with over 80 years of experience serving over 1.5 million customers.
Strategic Profile
Pro stress-test →Established in 2023 through the merger of Al Ahlia Insurance and National Life & General Insurance Company (NLGIC), Liva is the region's leading multi-line insurance company. The company has a well-diversified profile by product and geography, with a leading market position in Oman and presence in the UAE, Saudi Arabia, Bahrain and Kuwait, as well as planned expansion into Qatar.
Competitive Landscape
Pro stress-test →Liva Group is the leading multi-line insurance company in the GCC region offering Motor, Home, Travel, Health, Life, and business insurance. The company operates in a competitive regional market with presence across Oman, UAE, Saudi Arabia, Bahrain, Kuwait and expanding into Qatar. Primary competitors include other major GCC insurers providing similar multi-line coverage.
Industry Context
Liva Group SAOG operates in Multi-line Insurance.
Key facts
Founded: 2023 (merger) / 80+ years legacy · Headquarters: Muscat, Oman · Revenue: OMR 310.8 million (2023)