Personal Accident and Health Insurance in Iran, Key Trends and Opportunities to 2017


#174830

214pages

Timetric

$ 1950

In Stock


Synopsis

The report provides in depth segment analysis, information and insights into the Iranian personal accident and health insurance segment, including:

  • The Iranian personal accident and health insurance segment’s growth prospects by personal accident and health insurance categories
  • The various distribution channels in the Iranian personal accident and health insurance segment
  • The competitive landscape in the personal accident and health insurance segment
  • A description of the personal accident and health reinsurance segment in Iran

Executive summary

The Iranian personal accident and health insurance segment accounted for the second largest market share of the overall insurance industry in 2012 with a 24.1% share. During the review period, rising healthcare expenditure, inadequate public healthcare facilities compared to private hospitals and a high rate of road accidents influenced the personal accident and health insurance segment. Consequently, this segment grew from IRR6.5 trillion (US$0.65 billion) in 2008 to IRR24.2 trillion (US$2.42 billion) in 2012 at a CAGR of 38.7% during the review period

Scope

This report provides a comprehensive analysis of the personal accident and health insurance market in Iran:

  • It provides historical values for Iran’s personal accident and health insurance market for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in Iran’s personal accident and health insurance market, along with market forecasts until 2017
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
  • It analyses the various distribution channels for personal accident and health insurance products in Iran
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Iran for the personal accident and health insurance business
  • It provides a detailed analysis of the reinsurance market in Iran and its growth prospects
  • It profiles the top personal accident and health insurance companies in Iran and outlines the key regulations affecting them

Reasons to buy

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

Key highlights

  • Health insurance led the Iranian personal accident and health insurance segment with a 73.9% segment share in 2012, and registered a CAGR of 51.6% during the review period
  • Rising healthcare expenditure in Iran can be attributed to increased consumer demand for private healthcare in order receive better quality services
  • Personal accident insurance was the second-largest category, in terms of gross written premium, of the Iranian personal accident and health segment in 2012
  • The rise in the urban population in Iran supported the growth of personal accident and health insurance in the country
  • As of 2011, there were a total of 25 insurance companies operating in the Iranian insurance industry