Baku, Azerbaijan, Feb. 6
By Khalid Kazimov – Trend:
The average insurance spending per capita in Iran stands at $100, Central Insurance of Iran, the industry’s regulator, says.
The head of Central Insurance of Iran, Abdolnaser Hemmati, has said that the average insurance spending per capita in Iran stands at $100 and the life insurance’s share is $14, Eghtesadonline news website reported.
The official further added that the number of guaranteed issue life insurance policies in the country in a nine-month period (since last March) has increased by 38 percent.
The Central Bank of Iran’s statistics suggest that the gross expenditure of an urban household stands at $740 (29 million rials) per month in the country.