Iran

Iran conducts insurance aligned with Shariah tenets and is therefore included in the global statistics for takaful with USD 4.3 billion of top line in 2022.
But there are no traditional takaful models in place and the industry is keenly seeking ways to move towards introduction of specific takaful models.

Iran Market Share

Insurance Companies in Iran

AlBorz Ins Co
Asia Ins Co
Dana Ins Co.
Day Ins Co.
Export & Investment Ins Co.
Hafez Ins Co.
Iran Ins. Co.
Karafarin Ins. Co.

See More

Mellat Ins. Co.
Parsian Ins. Co.
Razi Ins. Co.
Saman Ins. Co.
Sina Ins. Co.
Bimeh Iran
Omid Insurance Co

Regulatory Body and Regulations

Click below to visit the regulatory body of Iran and check their regulations.

Regulatory Body

Iran Demographics

Total
Population

88.84

million

Female
Population

49.5%

Male
Population

50.5%

Year on Year Change in Total Population

+0.7% +588K

Median Age of the Population

32.9

Urban
Population

77.0%

Population Density
(People per km2)

54.7

Overall Literacy
(Adults Aged 15+)

85.5%

Female Literacy
(Adults Aged 15+)

80.8%

Male Literacy
(Adults Aged 15+)

90.4%

January 2023
Source: United Nations; Local Government Authorities; World Bank; UNESCO; CIA World Factbook; Our World in Data; IndexMundi; KNOEMA; KEPIOS Analysis

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