New Market Report Now Available: Non-Life Insurance in Iran, Key Trends and Opportunities to 2017
The Iranian non-life insurance segment's performance during the review period was strongly influenced by GDP growth and an increase in the motor insurance category, driven by compulsory motor third-party liability insurance and the rising number of road accidents. A rise in premium cost also supported the growth of the segment. In the presence of such factors, the segment rose from IRR31.9 trillion (US$3.2 billion) in 2008 to IRR66.5 trillion (US$6.65 billion) in 2012, at a review-period CAGR of 20.1%. The...
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