Life Insurance in Iran, Key Trends and Opportunities to 2019

Date: 2015-12

“• The life segment accounted for 10.9% of the Iranian insurance gross written premium in 2014.

• The life insurance gross written premium is projected to post a forecast-period CAGR of 39.3%.

• The life segment’s penetration rose from 0.10% in 2010 to 0.21% in 2014. The low penetration rate offers an opportunity for life insurers to grow in Iran.

• Iranian insurers are focusing on additional training programs for agents and field employees.

• Growth in the segment is the result of initiatives such as introduction of Sanhab system, and training and development of human resources.”

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