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Iran Insurance Market: New industry data published

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Iran Insurance Report Q1 2014 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-02 12:22:02
As of late 2013, we remain of the view that the key factors driving growth in Iran´s insurance sector have been higher (real) prices in just two lines - Compulsory Motorists Third Party Liability, and (especially) health insurance. We are not convinced, though, that this is evidence of a definitive change for the better in the non-life segment or in the insurance sector as a whole Key Insights And Key Risks The latest data published by Bimeh Markazi Iran, the insurance regulator, suggest that total premiums continued to develop strongly in Iranian year 1390, which ended in March 2012 (please note this year is shown as 2011 in the tables in this report). We think that the key factors have been higher (real) prices in just two lines - Compulsory Motorists Third Party Liability, and health insurance. We are not convinced, though, that this is evidence of a definitive change for the better in the non-life segment or in the insurance sector as a whole.

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