Evolution of the Iranian insurance market

July 19, 2017

According to Sigma magazine, the Iranian insurance market generated a premium volume of 8.298 billion USD in 2016, up by 7.7% compared to the 7.705 billion USD recorded in 2015. With an 87.9% market share, non-life premiums increased by 7.6% at 7.293 billion USD.

Since the lifting of economic sanctions, Iran has risen to the level of the emerging countries of the Middle East, the United Arab Emirates and Saudi Arabia.

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