Get access to Axco’s online product with the latest market intelligence for the market of your choice
Axco's insurance market report provides expert analysis, market insight, company performance data and market statistics for the Iranian non-life (property and casualty) market. The detailed report is produced following a visit to the country and interviews with industry professionals working in Iran's insurance sector. Systematic updates are published throughout the cycle, to the latest developments in the Iran non-life (P&C) market as well as trends by line of business. Axco analysts also report on -'s economic factors, the local political situation, and sections on climate, operational, and security risks. The report is suitable for insurers, reinsurance companies, brokers and insurance buyers.
The report describes Iran's insurance regulations and requirements, including vital compliance requirements such as if non admitted insurance is permitted in Iran, what are the local rules on licensing and detailing any relevant taxes and charges for the insurer and the insured.
View detailed analysis of local lines of business and sub-classes such as natural hazards, property, construction and machinery breakdown, motor, workers compensation & employers' liability and liability. The report lists the insurance companies operating in Iran, their market share and investigates how much premium is written through the sector’s different distribution channels.
Statistics include five years of non-life (P&C) market performance indicators, including gross written premiums, premium growth, penetration, profitability ratios, and premium by line of business. Company statistics show who are the leading non-life insurance companies in Iran with local company premiums, market share and year on year growth, expense ratios and retentions by line of business.
Gabon has had a relatively low incidence of COVID-19 cases and deaths so far. Lockdowns and reduced economic activity negatively impacted certain lines of business in 2020 such as marine, aviation and motor own damage. Other lines saw growth, notably property and general third party liability stemming from a few major infrastructure projects. Overall non-life premium rose by just 1.65% over 2019.
The non-life market has traditionally been strongly influenced by the development of ....
This is a brief extract of information; more updated information may be available in the latest published report
