Iran Insurance Q1 2021

Iran Insurance Q1 2021

Key View:

There is significant long-term growth potential in Iran's insurance market, but it will remain untapped while geopoliticaltensions keep the country in a state of economic and diplomatic isolation and paralysis. Our outlook for Iran's insurance sector istherefore bearish over the short-to-medium term. The outbreak of Covid-19 in 2020 led to a third consecutive year of economicrecession, and while we expect the economy to return to growth in 2021, high unemployment and inflation mean that householdsand businesses will continue cutting back on all non-essential purchases, including insurance.


Key View
SWOT
Insurance SWOT
Industry Forecast
Life Premiums Forecast
Non-Life Premiums Forecast
Non-Life Sub-Sector Forecast
Industry Risk/Reward Index
Middle East & North Africa Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
Bimeh Alborz
Bimeh Asia
Bimeh Dana
Bimeh Iran
Parsian Insurance
Insurance Methodology

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