| INSURANCE INDUSTRY IN IRAN
- With sanctions lifted and a booming sector, Iran’s Insurance Market will be a pool of genuine opportunities for dear foreign investors and venturers
With a 16.8% nominal growth rate in 2015 rate , Iran’s insurance market with a revenue of over 240 trillion IRR ( 7.9 billion$)in 2015 , ranked 42nd in the world in terms of total premiums value.
$ 99.6 written premiums per capita, insurance industry constituted 2.08% of Iran’s GDP in 2015.
While life insurance constituted %12 of total insurance premiums, compulsory motorists’ third party insurance with 37%, and health insurance with 24% of written premiums, made up the largest lines of non-life insurance in 2014-15.
The growth of life insurance penetration rate from %0.08 to %0.21 in 2015, together with life insurance premiums anticipated to experience an annual growth, indicate the potential opportunities Iran’s market has to offer to dear investors.
Iran Insurance Report
Iran Insurance Industry Overview
Foreign Investment Guide Insurance Market