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Non Life Insurance Market in Iran 2026-2030

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    Report

  • 163 Pages
  • January 2026
  • Region: Iran
  • TechNavio
  • ID: 5534210
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The non life insurance market in iran is forecasted to grow by USD 1.74 billion during 2025-2030, accelerating at a CAGR of 2.4% during the forecast period. The report on the non life insurance market in 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, the latest trends and drivers, and the overall market environment. The market is driven by implementation of seventh development plan and strategic penetration targets, economic stabilization reforms and inflation-adjusted premium growth, accelerated transformation and regulatory modernization for fintech.

The study identifies the digital transformation and proliferation of insurtech solutions as one of the prime reasons driving the non life insurance market in iran growth during the next few years. Also, strategic regional reinsurance alliances and risk mitigation and mandatory parametric insurance and growth in infrastructure coverage will lead to sizable demand in the market.

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The non life insurance market in iran is segmented as below:

By Distribution Channel

  • Direct
  • Brokers
  • Banks
  • Others

By Product

  • Health insurance
  • Motor insurance
  • Fire insurance
  • Marine insurance
  • Others

By Customer Type

  • Individual
  • Group

By Region

  • Middle East and Africa

The report covers the following areas:

  • Non life insurance market in iran sizing
  • Non life insurance market in iran forecast
  • Non life insurance market in iran industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading market vendors that include: Arman Insurance, Bimeh Iran Insurance Co., Omid Insurance Co., Pasargad Insurance Co., Saman Insurance, Taavon Insurance Co. Also, the non life insurance market in 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 report 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 primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Country Market Characteristics
  • Executive Summary - Chart on Market Segmentation by Distribution Channel
  • Executive Summary - Chart on Market Segmentation by Product
  • Executive Summary - Chart on Market Segmentation by Customer Type
  • Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
  • Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
  • Overview on factors of disruption
2.4 Impact of drivers and challenges
  • Impact of drivers and challenges in 2025 and 2030
3 Market Landscape
3.1 Market ecosystem
  • Chart on Parent Market
  • Data Table on - Parent Market
3.2 Market characteristics
  • Chart on Market characteristics analysis
3.3 Value chain analysis
  • Chart on Value chain analysis
4 Market Sizing
4.1 Market definition
  • Data Table on Offerings of companies included in the market definition
4.2 Market segment analysis
  • Market segments
4.3 Market size 2025
4.4 Market outlook: Forecast for 2025-2030
  • Chart on Iran - Market size and forecast 2025-2030 ($ million)
  • Data Table on Iran - Market size and forecast 2025-2030 ($ million)
  • Chart on Iran: Year-over-year growth 2025-2030 (%)
  • Data Table on Iran: Year-over-year growth 2025-2030 (%)
5 Historic Market Size
5.1 Non Life Insurance Market in Iran 2020-2024
  • Historic Market Size - Data Table on Non Life Insurance Market in Iran 2020-2024 ($ million)
5.2 Distribution Channel segment analysis 2020-2024
  • Historic Market Size - Distribution Channel Segment 2020-2024 ($ million)
5.3 Product segment analysis 2020-2024
  • Historic Market Size - Product Segment 2020-2024 ($ million)
5.4 Customer Type segment analysis 2020-2024
  • Historic Market Size - Customer Type Segment 2020-2024 ($ million)
6 Qualitative Analysis
6.1 Impact of AI in non life insurance market in Iran
7 Five Forces Analysis
7.1 Five forces summary
  • Five forces analysis - Comparison between 2025 and 2030
7.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2025 and 2030
7.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2025 and 2030
7.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2025 and 2030
7.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2025 and 2030
7.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2025 and 2030
7.7 Market condition
  • Chart on Market condition - Five forces 2025 and 2030
8 Market Segmentation by Distribution Channel
8.1 Market segments
  • Chart on Distribution Channel - Market share 2025-2030 (%)
  • Data Table on Distribution Channel - Market share 2025-2030 (%)
8.2 Comparison by Distribution Channel
  • Chart on Comparison by Distribution Channel
  • Data Table on Comparison by Distribution Channel
8.3 Direct - Market size and forecast 2025-2030
  • Chart on Direct - Market size and forecast 2025-2030 ($ million)
  • Data Table on Direct - Market size and forecast 2025-2030 ($ million)
  • Chart on Direct - Year-over-year growth 2025-2030 (%)
  • Data Table on Direct - Year-over-year growth 2025-2030 (%)
8.4 Brokers - Market size and forecast 2025-2030
  • Chart on Brokers - Market size and forecast 2025-2030 ($ million)
  • Data Table on Brokers - Market size and forecast 2025-2030 ($ million)
  • Chart on Brokers - Year-over-year growth 2025-2030 (%)
  • Data Table on Brokers - Year-over-year growth 2025-2030 (%)
8.5 Banks - Market size and forecast 2025-2030
  • Chart on Banks - Market size and forecast 2025-2030 ($ million)
  • Data Table on Banks - Market size and forecast 2025-2030 ($ million)
  • Chart on Banks - Year-over-year growth 2025-2030 (%)
  • Data Table on Banks - Year-over-year growth 2025-2030 (%)
8.6 Others - Market size and forecast 2025-2030
  • Chart on Others - Market size and forecast 2025-2030 ($ million)
  • Data Table on Others - Market size and forecast 2025-2030 ($ million)
  • Chart on Others - Year-over-year growth 2025-2030 (%)
  • Data Table on Others - Year-over-year growth 2025-2030 (%)
8.7 Market opportunity by Distribution Channel
  • Market opportunity by Distribution Channel ($ million)
  • Data Table on Market opportunity by Distribution Channel ($ million)
9 Market Segmentation by Product
9.1 Market segments
  • Chart on Product - Market share 2025-2030 (%)
  • Data Table on Product - Market share 2025-2030 (%)
9.2 Comparison by Product
  • Chart on Comparison by Product
  • Data Table on Comparison by Product
9.3 Health insurance - Market size and forecast 2025-2030
  • Chart on Health insurance - Market size and forecast 2025-2030 ($ million)
  • Data Table on Health insurance - Market size and forecast 2025-2030 ($ million)
  • Chart on Health insurance - Year-over-year growth 2025-2030 (%)
  • Data Table on Health insurance - Year-over-year growth 2025-2030 (%)
9.4 Motor insurance - Market size and forecast 2025-2030
  • Chart on Motor insurance - Market size and forecast 2025-2030 ($ million)
  • Data Table on Motor insurance - Market size and forecast 2025-2030 ($ million)
  • Chart on Motor insurance - Year-over-year growth 2025-2030 (%)
  • Data Table on Motor insurance - Year-over-year growth 2025-2030 (%)
9.5 Fire insurance - Market size and forecast 2025-2030
  • Chart on Fire insurance - Market size and forecast 2025-2030 ($ million)
  • Data Table on Fire insurance - Market size and forecast 2025-2030 ($ million)
  • Chart on Fire insurance - Year-over-year growth 2025-2030 (%)
  • Data Table on Fire insurance - Year-over-year growth 2025-2030 (%)
9.6 Marine insurance - Market size and forecast 2025-2030
  • Chart on Marine insurance - Market size and forecast 2025-2030 ($ million)
  • Data Table on Marine insurance - Market size and forecast 2025-2030 ($ million)
  • Chart on Marine insurance - Year-over-year growth 2025-2030 (%)
  • Data Table on Marine insurance - Year-over-year growth 2025-2030 (%)
9.7 Others - Market size and forecast 2025-2030
  • Chart on Others - Market size and forecast 2025-2030 ($ million)
  • Data Table on Others - Market size and forecast 2025-2030 ($ million)
  • Chart on Others - Year-over-year growth 2025-2030 (%)
  • Data Table on Others - Year-over-year growth 2025-2030 (%)
9.8 Market opportunity by Product
  • Market opportunity by Product ($ million)
  • Data Table on Market opportunity by Product ($ million)
10 Market Segmentation by Customer Type
10.1 Market segments
  • Chart on Customer Type - Market share 2025-2030 (%)
  • Data Table on Customer Type - Market share 2025-2030 (%)
10.2 Comparison by Customer Type
  • Chart on Comparison by Customer Type
  • Data Table on Comparison by Customer Type
10.3 Individual - Market size and forecast 2025-2030
  • Chart on Individual - Market size and forecast 2025-2030 ($ million)
  • Data Table on Individual - Market size and forecast 2025-2030 ($ million)
  • Chart on Individual - Year-over-year growth 2025-2030 (%)
  • Data Table on Individual - Year-over-year growth 2025-2030 (%)
10.4 Group - Market size and forecast 2025-2030
  • Chart on Group - Market size and forecast 2025-2030 ($ million)
  • Data Table on Group - Market size and forecast 2025-2030 ($ million)
  • Chart on Group - Year-over-year growth 2025-2030 (%)
  • Data Table on Group - Year-over-year growth 2025-2030 (%)
10.5 Market opportunity by Customer Type
  • Market opportunity by Customer Type ($ million)
  • Data Table on Market opportunity by Customer Type ($ million)
11 Customer Landscape
11.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Drivers, Challenges, and Opportunity
12.1 Market drivers
  • Implementation of seventh development plan and strategic penetration targets
  • Economic stabilization reforms and inflation-adjusted premium growth
  • Accelerated transformation and regulatory modernization for fintech
12.2 Market challenges
  • Intensification of international sanctions and reinsurance isolation
  • Hyperinflation and currency devaluation impacting claims severity
  • Limited bancassurance and partnerships
12.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2025 and 2030
12.4 Market opportunities
  • Digital transformation and proliferation of insurtech solutions
  • Strategic regional reinsurance alliances and risk mitigation
  • Mandatory parametric insurance and growth in infrastructure coverage
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
  • Overview on factors of disruption
13.4 Industry risks
  • Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
14.2 Company ranking index
14.3 Market positioning of companies
  • Matrix on companies position and classification
14.4 Arman Insurance
  • Arman Insurance - Overview
  • Arman Insurance - Product / Service
  • Arman Insurance - Key offerings
  • SWOT
14.5 Bimeh Iran Insurance Co.
  • Bimeh Iran Insurance Co. - Overview
  • Bimeh Iran Insurance Co. - Product / Service
  • Bimeh Iran Insurance Co. - Key offerings
  • SWOT
14.6 Omid Insurance Co.
  • Omid Insurance Co. - Overview
  • Omid Insurance Co. - Product / Service
  • Omid Insurance Co. - Key offerings
  • SWOT
14.7 Pasargad Insurance Co.
  • Pasargad Insurance Co. - Overview
  • Pasargad Insurance Co. - Product / Service
  • Pasargad Insurance Co. - Key offerings
  • SWOT
14.8 Saman Insurance
  • Saman Insurance - Overview
  • Saman Insurance - Product / Service
  • Saman Insurance - Key offerings
  • SWOT
14.9 Taavon Insurance Co.
  • Taavon Insurance Co. - Overview
  • Taavon Insurance Co. - Product / Service
  • Taavon Insurance Co. - Key offerings
  • SWOT
15 Appendix
15.1 Scope of the report
  • Market definition
  • Objectives
  • Notes and caveats
15.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
15.3 Currency conversion rates for US$
15.4 Research methodology
15.5 Data procurement
  • Information sources
15.6 Data validation
  • Data validation
15.7 Validation techniques employed for market sizing
15.8 Data synthesis
15.9 360-degree market analysis
15.10 List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product
Exhibits 6: Executive Summary - Chart on Market Segmentation by Customer Type
Exhibits 7: Executive Summary - Chart on Company Market Positioning
Exhibits 8: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 9: Overview on criticality of inputs and factors of differentiation
Exhibits 10: Overview on factors of disruption
Exhibits 11: Impact of drivers and challenges in 2025 and 2030
Exhibits 12: Chart on Parent Market
Exhibits 13: Data Table on - Parent Market
Exhibits 14: Chart on Market characteristics analysis
Exhibits 15: Chart on Value chain analysis
Exhibits 16: Data Table on Offerings of companies included in the market definition
Exhibits 17: Market segments
Exhibits 18: Chart on Iran - Market size and forecast 2025-2030 ($ million)
Exhibits 19: Data Table on Iran - Market size and forecast 2025-2030 ($ million)
Exhibits 20: Chart on Iran: Year-over-year growth 2025-2030 (%)
Exhibits 21: Data Table on Iran: Year-over-year growth 2025-2030 (%)
Exhibits 22: Historic Market Size - Data Table on Non Life Insurance Market in Iran 2020-2024 ($ million)
Exhibits 23: Historic Market Size - Distribution Channel Segment 2020-2024 ($ million)
Exhibits 24: Historic Market Size - Product Segment 2020-2024 ($ million)
Exhibits 25: Historic Market Size - Customer Type Segment 2020-2024 ($ million)
Exhibits 26: Five forces analysis - Comparison between 2025 and 2030
Exhibits 27: Bargaining power of buyers - Impact of key factors 2025 and 2030
Exhibits 28: Bargaining power of suppliers - Impact of key factors in 2025 and 2030
Exhibits 29: Threat of new entrants - Impact of key factors in 2025 and 2030
Exhibits 30: Threat of substitutes - Impact of key factors in 2025 and 2030
Exhibits 31: Threat of rivalry - Impact of key factors in 2025 and 2030
Exhibits 32: Chart on Market condition - Five forces 2025 and 2030
Exhibits 33: Chart on Distribution Channel - Market share 2025-2030 (%)
Exhibits 34: Data Table on Distribution Channel - Market share 2025-2030 (%)
Exhibits 35: Chart on Comparison by Distribution Channel
Exhibits 36: Data Table on Comparison by Distribution Channel
Exhibits 37: Chart on Direct - Market size and forecast 2025-2030 ($ million)
Exhibits 38: Data Table on Direct - Market size and forecast 2025-2030 ($ million)
Exhibits 39: Chart on Direct - Year-over-year growth 2025-2030 (%)
Exhibits 40: Data Table on Direct - Year-over-year growth 2025-2030 (%)
Exhibits 41: Chart on Brokers - Market size and forecast 2025-2030 ($ million)
Exhibits 42: Data Table on Brokers - Market size and forecast 2025-2030 ($ million)
Exhibits 43: Chart on Brokers - Year-over-year growth 2025-2030 (%)
Exhibits 44: Data Table on Brokers - Year-over-year growth 2025-2030 (%)
Exhibits 45: Chart on Banks - Market size and forecast 2025-2030 ($ million)
Exhibits 46: Data Table on Banks - Market size and forecast 2025-2030 ($ million)
Exhibits 47: Chart on Banks - Year-over-year growth 2025-2030 (%)
Exhibits 48: Data Table on Banks - Year-over-year growth 2025-2030 (%)
Exhibits 49: Chart on Others - Market size and forecast 2025-2030 ($ million)
Exhibits 50: Data Table on Others - Market size and forecast 2025-2030 ($ million)
Exhibits 51: Chart on Others - Year-over-year growth 2025-2030 (%)
Exhibits 52: Data Table on Others - Year-over-year growth 2025-2030 (%)
Exhibits 53: Market opportunity by Distribution Channel ($ million)
Exhibits 54: Data Table on Market opportunity by Distribution Channel ($ million)
Exhibits 55: Chart on Product - Market share 2025-2030 (%)
Exhibits 56: Data Table on Product - Market share 2025-2030 (%)
Exhibits 57: Chart on Comparison by Product
Exhibits 58: Data Table on Comparison by Product
Exhibits 59: Chart on Health insurance - Market size and forecast 2025-2030 ($ million)
Exhibits 60: Data Table on Health insurance - Market size and forecast 2025-2030 ($ million)
Exhibits 61: Chart on Health insurance - Year-over-year growth 2025-2030 (%)
Exhibits 62: Data Table on Health insurance - Year-over-year growth 2025-2030 (%)
Exhibits 63: Chart on Motor insurance - Market size and forecast 2025-2030 ($ million)
Exhibits 64: Data Table on Motor insurance - Market size and forecast 2025-2030 ($ million)
Exhibits 65: Chart on Motor insurance - Year-over-year growth 2025-2030 (%)
Exhibits 66: Data Table on Motor insurance - Year-over-year growth 2025-2030 (%)
Exhibits 67: Chart on Fire insurance - Market size and forecast 2025-2030 ($ million)
Exhibits 68: Data Table on Fire insurance - Market size and forecast 2025-2030 ($ million)
Exhibits 69: Chart on Fire insurance - Year-over-year growth 2025-2030 (%)
Exhibits 70: Data Table on Fire insurance - Year-over-year growth 2025-2030 (%)
Exhibits 71: Chart on Marine insurance - Market size and forecast 2025-2030 ($ million)
Exhibits 72: Data Table on Marine insurance - Market size and forecast 2025-2030 ($ million)
Exhibits 73: Chart on Marine insurance - Year-over-year growth 2025-2030 (%)
Exhibits 74: Data Table on Marine insurance - Year-over-year growth 2025-2030 (%)
Exhibits 75: Chart on Others - Market size and forecast 2025-2030 ($ million)
Exhibits 76: Data Table on Others - Market size and forecast 2025-2030 ($ million)
Exhibits 77: Chart on Others - Year-over-year growth 2025-2030 (%)
Exhibits 78: Data Table on Others - Year-over-year growth 2025-2030 (%)
Exhibits 79: Market opportunity by Product ($ million)
Exhibits 80: Data Table on Market opportunity by Product ($ million)
Exhibits 81: Chart on Customer Type - Market share 2025-2030 (%)
Exhibits 82: Data Table on Customer Type - Market share 2025-2030 (%)
Exhibits 83: Chart on Comparison by Customer Type
Exhibits 84: Data Table on Comparison by Customer Type
Exhibits 85: Chart on Individual - Market size and forecast 2025-2030 ($ million)
Exhibits 86: Data Table on Individual - Market size and forecast 2025-2030 ($ million)
Exhibits 87: Chart on Individual - Year-over-year growth 2025-2030 (%)
Exhibits 88: Data Table on Individual - Year-over-year growth 2025-2030 (%)
Exhibits 89: Chart on Group - Market size and forecast 2025-2030 ($ million)
Exhibits 90: Data Table on Group - Market size and forecast 2025-2030 ($ million)
Exhibits 91: Chart on Group - Year-over-year growth 2025-2030 (%)
Exhibits 92: Data Table on Group - Year-over-year growth 2025-2030 (%)
Exhibits 93: Market opportunity by Customer Type ($ million)
Exhibits 94: Data Table on Market opportunity by Customer Type ($ million)
Exhibits 95: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 96: Impact of drivers and challenges in 2025 and 2030
Exhibits 97: Overview on criticality of inputs and factors of differentiation
Exhibits 98: Overview on factors of disruption
Exhibits 99: Impact of key risks on business
Exhibits 100: Companies covered
Exhibits 101: Company ranking index
Exhibits 102: Matrix on companies position and classification
Exhibits 103: Arman Insurance - Overview
Exhibits 104: Arman Insurance - Product / Service
Exhibits 105: Arman Insurance - Key offerings
Exhibits 106: SWOT
Exhibits 107: Bimeh Iran Insurance Co. - Overview
Exhibits 108: Bimeh Iran Insurance Co. - Product / Service
Exhibits 109: Bimeh Iran Insurance Co. - Key offerings
Exhibits 110: SWOT
Exhibits 111: Omid Insurance Co. - Overview
Exhibits 112: Omid Insurance Co. - Product / Service
Exhibits 113: Omid Insurance Co. - Key offerings
Exhibits 114: SWOT
Exhibits 115: Pasargad Insurance Co. - Overview
Exhibits 116: Pasargad Insurance Co. - Product / Service
Exhibits 117: Pasargad Insurance Co. - Key offerings
Exhibits 118: SWOT
Exhibits 119: Saman Insurance - Overview
Exhibits 120: Saman Insurance - Product / Service
Exhibits 121: Saman Insurance - Key offerings
Exhibits 122: SWOT
Exhibits 123: Taavon Insurance Co. - Overview
Exhibits 124: Taavon Insurance Co. - Product / Service
Exhibits 125: Taavon Insurance Co. - Key offerings
Exhibits 126: SWOT
Exhibits 127: Inclusions checklist
Exhibits 128: Exclusions checklist
Exhibits 129: Currency conversion rates for US$
Exhibits 130: Research methodology
Exhibits 131: Information sources
Exhibits 132: Data validation
Exhibits 133: Validation techniques employed for market sizing
Exhibits 134: Data synthesis
Exhibits 135: 360 degree market analysis

Executive Summary

The following companies are recognized as the key players in the global non life insurance market in iran: Arman Insurance, Bimeh Iran Insurance Co., Omid Insurance Co., Pasargad Insurance Co., Saman Insurance, Taavon Insurance Co..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is digital transformation and proliferation of insurtech solutions."

According to the report, one of the major drivers for this market is the implementation of seventh development plan and strategic penetration targets.

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 a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Arman Insurance
  • Bimeh Iran Insurance Co.
  • Omid Insurance Co.
  • Pasargad Insurance Co.
  • Saman Insurance
  • Taavon Insurance Co.