Liva Group celebrates its inception with bell-ringing ceremony and ticker change at MSX

  • Date: 17-Oct-2023
  • Source: Times of Oman
  • Sector:Retail
  • Country:Oman
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Liva Group celebrates its inception with bell-ringing ceremony and ticker change at MSX

Muscat: Liva Group, the new brand identity of National Life and General Insurance (NLGIC) Group, a leading insurer in the Middle East listed on Muscat Stock Exchange (MSX), has celebrated its inception with a bell-ringing ceremony and ticker change at MSX. Emerging from the tradition of NLGIC and the regional legacy of RSA Middle East, Liva Group is the newly formed entity offering Personal & Commercial, and Life & Health insurance products across the GCC market with a strategic ambition to build the region's leading multi-line insurer delivering value to all its stakeholders. The bell-ringing was attended by Sheikh Abdullah Al Salmi, President of the Capital Market Authority (CMA), Ahmed Al Maamari, Vice President of CMA, Haitham Al Salmi, CEO of MSX, and Mohamed Said Al Abri, CEO of Muscat Clearing & Depository Company (MCD). Senior company officials from the Liva Group including Chairman Sheikh Khalid Al Zubair, Group CEO Martin Rueegg, Group COO Dr. Dhafir Shanfari, and Liva Insurance Oman CEO Hanaa Al Hinai attended the ceremony. Sheikh Khalid Al Zubair, Chairman of the Board of Directors for Liva Group said: "Our new identity as Liva is born from a promising idea to build one of the largest insurance