Pursuant to the Insurance Companies Law enacted by Oman Sultani Decree No. 12/1979; and

Oman Sultani Decree No. 90/2004 transferring insurance jurisdiction from the Ministry of Commerce and Industry to the Capital Market Authority; and

The Executive Regulation of the Insurance Companies Law issued by Oman Ministerial Decision No. 5/1980; and

Oman Capital Market Authority Decision No. E/31/2007 on the Requirements for licensing Insurance Business; and

The Unified Health Insurance Policy issued by Oman Decision No. 34/2019; and

Health Insurance Rules issued by Oman Decision No. 78/2019; and

The Regulation for Carrying out the Health Insurance Third Party Administrators Activity issued by Oman Capital Market Authority Decision No. E/34/2020; and

The Approval of the Ministry of Finance; and

The Approval of the Board of Directors of the Capital Market Authority;

In the interest of the public.

It has been decided