Research Article
A Two-Stage DEA to Analyze the Effect of Entrance Deregulation on Iranian Insurers: A Robust Approach
Table 2
Penetration ratio (PR) trend of selected countries 2003–2010 (%).
| S.C. | Year | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | P.R. | P.R. | A.G. | P.R. | A.G. | P.R. | A.G. | P.R. | A.G. | P.R. | A.G. | P.R. | A.G. | P.R. | A.G. | P.R. | A.G. | P.R. | A.G. |
| UAE
| 1.25 | 1.28 | 2% | 1.12 | −13% | 1.65 | 47% | 1.53 | −7% | 1.7 | 11% | 1.9 | 12% | 2 | 5% | 2.5 | 25% | 2.1 | −16% | Qatar
| NA | NA | NA | NA | NA | 1.23 | NA | 1.09 | −11% | 1.1 | 1% | 0.9 | −18% | NA | NA | 0.8 | NA | 0.8 | 0% | Bahrain
| 1.93
| 2.08
| 8%
| NA
| NA
| NA
| NA
| NA
| NA
| NA
| NA
| NA
| NA | 2 | NA
| 2.3 | 15%
| 2.8
| 22%
| Kuwait
| 0.79
| 0.95
| 20%
| 0.92
| −3%
| 0.93
| 1%
| 0.79
| −15%
| 0.7
| −11%
| 0.6
| −14%
| 0.6
| 0%
| 0.5
| −17%
| 0.5
| 0%
| Oman
| 0.96
| 1.01
| 5%
| 1.44
| 43%
| 1.28
| −11%
| 1.14
| −11%
| 1
| −12%
| 1.1
| 10%
| 1.1
| 0%
| 1.2
| 9%
| 1.3
| 8%
| Saudi Arabia
| 0.53
| 0.48
| −9%
| 0.47
| −2%
| 0.48
| 2%
| 0.46
| −4%
| 0.5
| 9%
| 0.6
| 20%
| 0.6
| 0%
| 1
| 67%
| 1.1
| 10%
| Iran
| 0.86
| 1
| 16%
| 1.16
| 16%
| 1.25
| 8%
| 1.28
| 2%
| 1.3
| 2%
| 1.29
| −1%
| 1.35
| 5%
| 1.39
| 3%
| 1.5
| 8%
|
|
|
S.C.: selected countries; P.P.C: premium per capita; A.G.: annual growth; P.R.: penetration ratio. Source: [8].
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