Alborz Company Adds Reinsurance Segment

EghtesadOnline: The Central Insurance company of Iran 's recently updated list of insurers authorized to accept reinsurance cover, shows Alborz Insurance Company, one of the big four private firms in Iran, has been added to the list.

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Publish Date:07/March/2020 | 06:59

Earnings Boom for Insurance Company Agents

EghtesadOnline: The insurance industry's profit amounted to 45 trillion rials ($346 million) in the current fiscal year (started March 2019), president of the Central Insurance company of Iran said, adding that agents and brokers had a big share of the gains.

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Publish Date:28/December/2019 | 13:07

Third Party Car Insurance Premiums Rise

EghtesadOnline: The High Council of Insurance, affiliated to the Central Insurance company of Iran , has raised premium rates and the reimbursement ceiling for third-party car insurance by 15% in the current Iranian year (started March 21) compared to the year before.

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Publish Date:16/April/2019 | 14:01

Iran's Best Performing Insurance Companies Named

EghtesadOnline: The Central Insurance Company of Iran released data about the solvency of 29 insurance companies for the current fiscal (ends in March 2019), according to which 20 firms have solvency level 1, which means they were capable of meeting their commitments to policy-holders.

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Publish Date:09/December/2018 | 24:06

Bigger Role Likely for Startups in Iran Insurance Industry

EghtesadOnline: As per an agreement between the Vice Presidential Office for Science and Technology and the Central Insurance company of Iran (CII), assistance of startups and knowledge-based firms are to be enlisted to revitalize the gradually expanding insurance industry.

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Publish Date:12/November/2018 | 10:46

CII Chief: Driving Behavior Will Determine Car Insurance Rates

EghtesadOnline: The Central Insurance company of Iran has announced new vehicle insurance regulations through which the drivers’ behavior will have a direct impact on their car insurance rates, said CII’s president.

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Publish Date:31/October/2017 | 06:32

Regulator Grades Insurance Firms

EghtesadOnline: The Central Insurance company of Iran has released data about the solvency of insurance firms based on their performance in the previous fiscal year (ended March 2019).

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Publish Date:03/December/2019 | 24:19

Insurance Penetration Rate Rising

EghtesadOnline: Insurance penetration in Iran has been rising steadily over the past years, according to the head of the Insurance Research Center, affiliated to the Central Insurance company of Iran .

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Publish Date:01/December/2019 | 11:26

CII Forecasts Rise in Premium Income

EghtesadOnline: The head of Central Insurance company of Iran , the regulator of the insurance industry, says insurers’ earnings from selling insurance policy will reach a record of 600 trillion rials ($5.3 billion) by the end of the current calendar year in March 2020.

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Publish Date:03/November/2019 | 10:38

Insurers Report 33% Growth in Premium

EghtesadOnline: The Central Insurance company of Iran , the body in charge of supervising the industry, has released the long-awaited annual report on the performance of the insurance sector in the fiscal year that ended in March 2019.

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Publish Date:02/November/2019 | 11:35

Cyber Insurance Planned for Banks

EghtesadOnline: Central Insurance company of Iran (CII), the regulatory body of Iran’s fast growing insurance industry, is working on a scheme to cover bank accounts against cyberattacks.

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Publish Date:23/October/2019 | 11:34

Risk Retention Cap for Insurers Announced

EghtesadOnline: A report by the Central Insurance company of Iran (CII), rating domestic insurers based on their risk retention capacity, placed the state-owned Iran Insurance Company at the top of list.

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Publish Date:06/October/2019 | 14:05

New Risk Retention Capacity for Iranian Insurers

EghtesadOnline: In its new appraisal of risk retention capacity of domestic insurers, the Central Insurance company of Iran (CII) has changed the rank of two insurance firms.

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Publish Date:31/August/2019 | 10:51

Iran's Insurance Authority to Issue Debt Securities

EghtesadOnline: Head of the Central Insurance company of Iran announced that 100 trillion rials ($716.84 million) worth of insurance debt securities will be issued in the near future, IBENA reported.

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Publish Date:24/October/2018 | 14:13