Analysis of Competition and Concentration in Insurance Industry of Iran and Appropriate Competitive Strategies
This study aims to investigate competition and concentration in insurance industry. The researchers did so through some reliable indices including Herfindahl-Hirschman Index, and Concentration Ratio of Establishment K and based on insurance companies financial data from 2002 to 2013. The observation...
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| Format: | Article |
| Language: | fas |
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University of Tehran
2017-11-01
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| Series: | مدیریت بازرگانی |
| Subjects: | |
| Online Access: | https://jibm.ut.ac.ir/article_63846_75bec7f45247233d9e656ca29c7017a7.pdf |
| _version_ | 1818532390054658048 |
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| author | FATEMEH Abbasi Mohsen Nazari |
| author_facet | FATEMEH Abbasi Mohsen Nazari |
| author_sort | FATEMEH Abbasi |
| collection | DOAJ |
| description | This study aims to investigate competition and concentration in insurance industry. The researchers did so through some reliable indices including Herfindahl-Hirschman Index, and Concentration Ratio of Establishment K and based on insurance companies financial data from 2002 to 2013. The observations showed that following privatization in insurance industry in Iran, all those three indices have declined; hence, this industry has become a hard oligopoly market. Then using this indicated market structure and based on two market properties (competition and current market situation), the insurance market life cycle was determined. Accordingly, appropriate competitive strategies regarding marketing variables (product, price, distribution, and progress) were presented |
| first_indexed | 2024-12-11T17:44:53Z |
| format | Article |
| id | doaj.art-af55384bf2cf4f9092c7d53708bbddbf |
| institution | Directory Open Access Journal |
| issn | 2008-5907 2423-5091 |
| language | fas |
| last_indexed | 2024-12-11T17:44:53Z |
| publishDate | 2017-11-01 |
| publisher | University of Tehran |
| record_format | Article |
| series | مدیریت بازرگانی |
| spelling | doaj.art-af55384bf2cf4f9092c7d53708bbddbf2022-12-22T00:56:24ZfasUniversity of Tehranمدیریت بازرگانی2008-59072423-50912017-11-019364166010.22059/jibm.2017.127965.171963846Analysis of Competition and Concentration in Insurance Industry of Iran and Appropriate Competitive StrategiesFATEMEH Abbasi0Mohsen Nazari1Ph.D. Candidate in Business Policy Making, Faculty of Management, University of Tehran, Tehran, IranAssociate Prof. in Business Management, Faculty of Management, University of Tehran, Tehran, IranThis study aims to investigate competition and concentration in insurance industry. The researchers did so through some reliable indices including Herfindahl-Hirschman Index, and Concentration Ratio of Establishment K and based on insurance companies financial data from 2002 to 2013. The observations showed that following privatization in insurance industry in Iran, all those three indices have declined; hence, this industry has become a hard oligopoly market. Then using this indicated market structure and based on two market properties (competition and current market situation), the insurance market life cycle was determined. Accordingly, appropriate competitive strategies regarding marketing variables (product, price, distribution, and progress) were presentedhttps://jibm.ut.ac.ir/article_63846_75bec7f45247233d9e656ca29c7017a7.pdfCompetitive StrategyConcentration RatioHerfindahl-Hirschman IndexIran Insurance IndustryLife Cycles |
| spellingShingle | FATEMEH Abbasi Mohsen Nazari Analysis of Competition and Concentration in Insurance Industry of Iran and Appropriate Competitive Strategies مدیریت بازرگانی Competitive Strategy Concentration Ratio Herfindahl-Hirschman Index Iran Insurance Industry Life Cycles |
| title | Analysis of Competition and Concentration in Insurance Industry of Iran and Appropriate Competitive Strategies |
| title_full | Analysis of Competition and Concentration in Insurance Industry of Iran and Appropriate Competitive Strategies |
| title_fullStr | Analysis of Competition and Concentration in Insurance Industry of Iran and Appropriate Competitive Strategies |
| title_full_unstemmed | Analysis of Competition and Concentration in Insurance Industry of Iran and Appropriate Competitive Strategies |
| title_short | Analysis of Competition and Concentration in Insurance Industry of Iran and Appropriate Competitive Strategies |
| title_sort | analysis of competition and concentration in insurance industry of iran and appropriate competitive strategies |
| topic | Competitive Strategy Concentration Ratio Herfindahl-Hirschman Index Iran Insurance Industry Life Cycles |
| url | https://jibm.ut.ac.ir/article_63846_75bec7f45247233d9e656ca29c7017a7.pdf |
| work_keys_str_mv | AT fatemehabbasi analysisofcompetitionandconcentrationininsuranceindustryofiranandappropriatecompetitivestrategies AT mohsennazari analysisofcompetitionandconcentrationininsuranceindustryofiranandappropriatecompetitivestrategies |