Iran elected vice-chair of Asian Reinsurance Corporation
In its 13th shareholders’ meeting on July 28, Asian Reinsurance Corporation (ARC) members selected Gholamreza Soleimani, the governor of Iran’s Central Insurance (CII), as the corporation’s vice chairman and board member.
As reported by IRNA, Soleimani was voted by the members of ARC, to become the vice chairman of the corporation for two years.
Speaking about the ARC’s new decision, Soleimani noted that using ARC’s international potentials and capabilities, he will try to expand Iran’s insurance activities in the region.
The Asian Reinsurance Corporation is an intergovernmental organization established in May 1979 under the auspices of the UN-ESCAP.
According to the corporation portal, membership is open to all state members or associate members of the United Nations Economic and Social Commission for Asia and the Pacific.
ARC has been set up with the aim of expansion of reinsurance coverage between regional countries.
Iran’s membership in ARC’s board of directors indicates that despite the U.S. sanctions imposed on Iran, the country’s insurance industry has been expanding ties with the countries in the region.
source: Tehran Times
Top News
Australia’s CEFC invests $75m in homegrown critical minerals
Glencore in talks to sell Philippine copper smelting unit
BHP seeks Brazil growth to emerge from shadow of mining disaster
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
India’s record gold import said to be due to calculation error
Iron ore posts weekly gain as investors assess fresh Beijing stimulus
Norge Mining acquires Europe’s largest natural graphite producer
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
Rio Tinto, BHP, and BlueScope to build ‘green iron’ plant
Arcadium Lithium investors sue miner over Rio Tinto takeover
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
Rio Tinto, BHP, and BlueScope to build ‘green iron’ plant
Arcadium Lithium investors sue miner over Rio Tinto takeover
Skeena advances Eskay Creek permitting, unlocks Orion funding
