Reinsurance Market Share, Size, Growth and Research Overview in Iran 2018

Most up-to-date research on "Reinsurance in Iran, Key Trends and Opportunities to 2018" to its huge collection of research reports.

Logo

Albany, NY -- (SBWire) -- 09/17/2014 --Synopsis

The report provides in-depth market analysis, information and insights into the Iranian reinsurance segment, including:

The Iranian reinsurance segment's growth prospects by reinsurance categories
Key trends and drivers for the reinsurance segment
The Iranian reinsurance segment’s growth prospects by reinsurance ceded from direct insurance segments
The competitive landscape in the Iranian reinsurance segment

Browse Detail Report With TOC @ http://www.researchmoz.us/reinsurance-in-iran-key-trends-and-opportunities-to-2018-report.html

Executive summary

The Iranian reinsurance segment was relatively stable during the review period, despite the global economic crisis. In terms of gross written premium, facultative reinsurance held the largest proportion of the Iranian reinsurance segment with a 51.5% share in 2013, followed by treaty reinsurance with 48.5%. Treaty reinsurance is expected to hold the largest segmental share over the forecast period, however, with 57.0% in 2018. The frequent occurrence of natural disasters, as well as insurers’ preference for issuing a particular type of insurance is expected to drive the growth of treaty reinsurance over the forecast period.

The Iranian reinsurance segment grew at a compound annual growth rate (CAGR) of 31.8% during the review period (2009–2013). Despite the global economic crisis, the segment registered annual growth of 16.3% in 2009. Iranian reinsurance had the world’s highest annual growth rate in 2011, with 44.3%. In the same year, the uptake of motor third-party liability policies, along with the introduction of compulsory motor third-party liability insurance, supported the growth of the reinsurance segment. According to Article 71 of the Insurance Law, both life and non-life insurers must cede 50.0% of their premium to the Iranian Central Insurance (Bimeh Markhazi), which dominates the reinsurance segment, and also regulates, expands and guides the overall industry. The growth of all three primary segments is expected to advance the growth of reinsurance over the forecast period (2013–2018).

Scope

This report provides a comprehensive analysis of the reinsurance segment in Iran:

It provides historical values for Iran’s reinsurance segment for the report’s 2009–2013 review period and projected figures for the 2013–2018 forecast period.
It offers a detailed analysis of the key sub-segments in Iran’s reinsurance segment, along with market forecasts until 2018.
It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Iran and its growth prospects.

Reasons to buy

Make strategic business decisions using in depth historic and forecast market data related to the Iranian reinsurance segment and each sector within it
Understand the demand-side dynamics, key market trends and growth opportunities within the Iranian reinsurance segment
Identify the growth opportunities and market dynamics within key product categories
Gain insights into key regulations governing the Iranian insurance industry and its impact on companies and the market's future

For Market Research Latest Reports Visit @ http://www.researchmoz.us/latest-report.html

Key highlights

The premium accepted by the Iranian reinsurance segment increased at a review-period CAGR of 31.8%.
The facultative reinsurance category accounted for 51.5% of the total reinsurance premium accepted that year, while the treaty reinsurance category accounted for 48.5%.

Risk of natural disasters will support the development of reinsurance segment over the forecast period.
The Iranian reinsurance segment is driven by Article 71 of the Insurance Law, which established Bimeh Markazi and forcing insurers to cede a minimum percentage of their premium. The law requires that all insurers operating in Iran have to reinsure 50.0% of total life and non-life insurance premiums to Bimeh Markazi. If Bimeh Markazi refuses to accept any business, the insurer is free to cede premiums outside the country.

About ResearchMoz
ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

For More Information Kindly Contact:
Email: sales@researchmoz.us

Media Relations Contact

Sheela AK
Manager
ResearchMoz
518-618-1030
http://www.researchmoz.com/global-and-chinese-welded-heat-exchanger-industry-2009-2019-market-research-report-report.html

View this press release online at: http://rwire.com/546100