Non Life Insurance Market in Iran (Islamic Republic of Iran) 2022-2026

Non Life Insurance Market in Iran (Islamic Republic of Iran) 2022-2026

Technavio has been monitoring the non life insurance market in Iran (Islamic Republic of Iran) and it is poised to grow by $ 2.09 bn during 2022-2026, progressing at a CAGR of 3.02% during the forecast period. Our report on the non life insurance market in Iran (Islamic Republic of Iran) provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for insurance policies and increasing government regulations on mandatory insurance coverage. In addition, increasing demand for insurance policies is anticipated to boost the growth of the market as well.

The non life insurance market in Iran (Islamic Republic of Iran) analysis includes product and distribution channel segments.

Technavio's non life insurance market in Iran (Islamic Republic of Iran) is segmented as below:

By Product

  • Health insurance
  • Motor insurance
  • Fire insurance
  • Marine insurance
  • Others
By Distribution Channel
  • Direct
  • Brokers
  • Banks
  • Others
This study identifies insurance as a tool for overcoming poverty as one of the prime reasons driving the non life insurance market growth in Iran (Islamic Republic of Iran) during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on non life insurance market in Iran (Islamic Republic of Iran) covers the following areas:
  • Non life insurance market sizing
  • Non life insurance market forecast
  • Non life insurance market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading non life insurance market vendors in Iran (Islamic Republic of Iran) that include Arab Insurance Group, Arman Insurance Co., Asia Insurance Co., Bimeh Iran Insurance Co., Mellat Insurance Co., Omid Insurance Co., Parsian Insurance Co., Pasargad Insurance Co., Taavon Insurance Co., and Tejarat Insurance Co. Also, the non life insurance market in Iran (Islamic Republic of Iran) analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Specialized consumer services
      • Inputs
      • Pitching and profiling
      • Resourcing and communicating
      • Delivery and support
      • Connecting and innovating
      • Marketing and sales
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table Iran - Market size and forecast 2021 - 2026 ($ million)
        • Table Iran market: Year-over-year growth 2021 - 2026 (%)
  • Five Forces Analysis
    • Five forces analysis
      • Table Five forces analysis 2021 & 2026
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2021
  • Market Segmentation by Product
    • Market segments
      • Table Product - Market share 2021-2026 (%)
    • Comparison by Product
      • Table Comparison by Product
    • Health insurance - Market size and forecast 2021-2026
      • Table Health insurance - Market size and forecast 2021-2026 ($ million)
      • Table Health insurance - Year-over-year growth 2021-2026 (%)
    • Motor insurance - Market size and forecast 2021-2026
      • Table Motor insurance - Market size and forecast 2021-2026 ($ million)
      • Table Motor insurance - Year-over-year growth 2021-2026 (%)
    • Fire insurance - Market size and forecast 2021-2026
      • Table Fire insurance - Market size and forecast 2021-2026 ($ million)
      • Table Fire insurance - Year-over-year growth 2021-2026 (%)
    • Marine insurance - Market size and forecast 2021-2026
      • Table Marine insurance - Market size and forecast 2021-2026 ($ million)
      • Table Marine insurance - Year-over-year growth 2021-2026 (%)
    • Others - Market size and forecast 2021-2026
      • Table Others - Market size and forecast 2021-2026 ($ million)
      • Table Others - Year-over-year growth 2021-2026 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product
  • Market Segmentation by Distribution channel
    • Market segments
      • Table Distribution channel - Market share 2021-2026 (%)
    • Comparison by Distribution channel
      • Table Comparison by Distribution channel
    • Direct - Market size and forecast 2021-2026
      • Table Direct - Market size and forecast 2021-2026 ($ million)
      • Table Direct - Year-over-year growth 2021-2026 (%)
    • Brokers - Market size and forecast 2021-2026
      • Table Brokers - Market size and forecast 2021-2026 ($ million)
      • Table Brokers - Year-over-year growth 2021-2026 (%)
    • Banks - Market size and forecast 2021-2026
      • Table Banks - Market size and forecast 2021-2026 ($ million)
      • Table Banks - Year-over-year growth 2021-2026 (%)
    • Others - Market size and forecast 2021-2026
      • Table Others - Market size and forecast 2021-2026 ($ million)
      • Table Others - Year-over-year growth 2021-2026 (%)
    • Market opportunity by Distribution channel
      • Table Market opportunity by Distribution channel
  • Customer landscape
    • Table Customer landscape
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing demand for insurance policies
      • Increasing government regulations on mandatory insurance coverages
    • Market challenges
      • Data privacy and security concerns
      • High cost of selling and administering insurance
        • Table Impact of drivers and challenges
    • Market trends
      • Emergence of digital marketing platforms
      • Rapid growth of cyber insurance market
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Arab Insurance Group
      • Table Arab Insurance Group - Overview
      • Table Arab Insurance Group - Business segments
      • Table Arab Insurance Group - Key offerings
      • Table Arab Insurance Group - Segment focus
    • Arman Insurance Co.
      • Table Arman Insurance Co. - Overview
      • Table Arman Insurance Co. - Product and service
      • Table Arman Insurance Co. - Key offerings
    • Asia Insurance Co.
      • Table Asia Insurance Co. - Overview
      • Table Asia Insurance Co. - Product and service
      • Table Asia Insurance Co. - Key offerings
    • Bimeh Iran Insurance Co.
      • Table Bimeh Iran Insurance Co. - Overview
      • Table Bimeh Iran Insurance Co. - Product and service
      • Table Bimeh Iran Insurance Co. - Key offerings
    • Mellat Insurance Co.
      • Table Mellat Insurance Co. - Overview
      • Table Mellat Insurance Co. - Product and service
      • Table Mellat Insurance Co. - Key offerings
    • Omid Insurance Co.
      • Table Omid Insurance Co. - Overview
      • Table Omid Insurance Co. - Product and service
      • Table Omid Insurance Co. - Key offerings
    • Parsian Insurance Co.
      • Table Parsian Insurance Co. - Overview
      • Table Parsian Insurance Co. - Product and service
      • Table Parsian Insurance Co. - Key offerings
    • Pasargad Insurance Co.
      • Table Pasargad Insurance Co. - Overview
      • Table Pasargad Insurance Co. - Product and service
      • Table Pasargad Insurance Co. - Key offerings
    • Taavon Insurance Co.
      • Table Taavon Insurance Co. - Overview
      • Table Taavon Insurance Co. - Product and service
      • Table Taavon Insurance Co. - Key offerings
    • Tejarat Insurance Co.
      • Table Tejarat Insurance Co. - Overview
      • Table Tejarat Insurance Co. - Product and service
      • Table Tejarat Insurance Co. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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