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
2001200220032004200520062007200820092010
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
1.251.282%1.12−13%1.6547%1.53−7%1.711%1.912%25%2.525%2.1−16%
Qatar
NANANANANA1.23NA1.09−11%1.11%0.9−18%NANA0.8NA0.80%
Bahrain
1.93
2.08
8%
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA2NA
2.315%
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].