Iran's insurance market arouses everyone's keen interest
According to the Iranian supervisory authority, Central Insurance of Iran, more than 140 foreign insurance and reinsurance companies would like to enter the local market. This craze comes a few months after the lifting of the economic sanctions imposed on the country for several years.
The Iranian insurance market is attractive to foreign investors: a premium volume of 7 billion USD in 2015, an average annual growth rate of 9.5%, a population of nearly 80 million and a low penetration rate (2% of GDP).
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