Company Information

Get to know Oman Insurance

Founded in 1975 as Oman Insurance Company, the company rebranded to Sukoon in October 2022 to reflect a new corporate identity and a forward-looking vision. With over 47 years of experience, Sukoon has grown to become one of the largest and most reputable publicly-listed insurers in the United Arab Emirates. The company provides a wide array of insurance products, including Life, Health, Motor, and General insurance for individuals and businesses, and is recognized for its financial strength, high-quality service, and strong regional presence.

Industry

Financial InsurancePRIMARY
Financial Other Service

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Oman Insurance

United Arab Emirates

Founded in

1975 (51 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.