In 2006 the market share for private insurance companies stood at 54% and 46% for governmental insurance companies. At the end of 2008, there were 20 insurance firms active in the market, only 4 of which were state-owned (with a 75% market share). As of 2014, twenty-five insurance companies are active in Iran and all, except one, are privately owned. By 2008, the total insurance premiums generated in Iran were $4.3 billion. This is less than 0.1% of the world's total, while Iran has approximately 1% of the world's population. The insurance penetration rate is approximately 1.4%, significantly below the global average of 7.5%. This underdevelopment is also evident in product diversity.
Insurance market by 2012 Approximately 60% of all insurance premiums are generated from
car insurance. There are about 14 million vehicles in Iran and 90 percent of them are insured (2012). Of the 10 million motorcycles that operate on Iran's roads only 2 million are insured.
Blood money 2011-2012 Blood money was $67,500 in 2011, down from $90,000 a year before.
Iranian tanker insurance under sanctions 2012 Since 2012, Iran is insuring
its own fleet of oil tankers because of
international sanctions. ==Payout ratio==