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.

EghtesadOnline: Iran’s insurance companies generated about 110 trillion rials ($2.5 billion) in premiums during the first four months of the current fiscal year that ended on July 22, up by 23.4% compared with the same period of last year, the new head of Central Insurance of Iran said.

EghtesadOnline: Despite risks associated with the country's air fleet, aircraft insurance coverage registered the lowest (18%) loss ratio in the industry' portfolio, allowing insurers to profit larger amounts from the premiums .