Muscat: The Oman Insurance Association issued a statement denying what was circulated through WhatsApp messages and social media regarding hiking the prices of comprehensive vehicle insurance or third parties.
The association confirmed that vehicle insurance rates are subject to the supervision and review of the Capital Market Authority, which coordinates permanently and continuously with all insurance companies operating in the Sultanate. In order to ensure the provision of the best services and prices to serve all customers.
The association warned of the need to investigate accuracy and to take information from its official sources, and not to publish misleading news and information.
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