New Market Research Report: Reinsurance in Iran, Key Trends and Opportunities to 2017
The Iranian reinsurance segment increased at a review-period CAGR of 30.2% (2008-2012). Despite the global economic crisis, the segment registered a year-on-year growth of 16.3% in 2009. The segment had the highest growth rate in the world of 44.3% in 2011. The uptake of motor third-party liability policies with the introduction of compulsory motor third-party liability insurance in Iran supported the growth of the reinsurance segment in 2011. According to Article 71, both life and non-life insurers must cede 50%...
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