In the wake of an Iranian oil tanker's collision in East China Sea, Iranian insurers are to compensate 30% of the costs while the rest would be covered by a Norwegian firm, the president of the Central Insurance of Iran announced.
News ID: 1767 Publish Date : 2018/01/09
The share of life insurance in the overall portfolio of the Iranian insurance industry is meager, a fact that a board member of Middle East Insurance Company, which specializes in life insurance, ascribes to the lack of an insurance culture in the country.
News ID: 1585 Publish Date : 2017/11/25
Iranian insurance companies have started evaluating the losses caused by the recent massive earthquake that shook the western Kermanshah Province near the Iraqi border and processing payment of compensations.
News ID: 1561 Publish Date : 2017/11/20
Mellat Insurance, affiliated with Bank Mellat, announced that it has signed a contract with France’s SCOR SE, based on which the major reinsurer will provide excessive loss coverage for Mellat.
News ID: 1464 Publish Date : 2017/10/24
The collective figure of Iranian insurance companies’ premiums during the first half of the current fiscal year to Sept. 22 has reached 166 trillion rials ($4.15 billion), which indicates an increase of 20% compared with the corresponding period of last year.
News ID: 1448 Publish Date : 2017/10/19
The president of the Central Insurance of Iran elaborated on the four-year outlook of Iran’s insurance industry through the end of President Hassan Rouhani’s second and final term in office.
News ID: 1395 Publish Date : 2017/10/08
According to the CII chief, the government’s big role in the economy and underdevelopment of economic sectors are slowing insurance growth in Iran
News ID: 1082 Publish Date : 2017/04/13