EghtesadOnline: The government plans to reduce the percentage of premiums Iranian insurance firms are obligated to entrust to the Central Insurance of Iran for the purpose of reinsurance, the director of the industry’s regulator said.

EghtesadOnline: The outstanding debts owed to pharmaceutical companies by insurance firms have tipped this sector into recession, the chairman of Majlis Health Commission said.

EghtesadOnline: Capital Intelligence Ratings, the international credit rating agency, has released its ratings for two Iranian private insurance firms, revising one insurer’s outlook to “positive” and giving a first-time rating to another.

EghtesadOnline: The government’s new tax bill–sent to the parliament in March–to enlarge the value added tax exemption list to include insurance firms and foreign banks’ services has now been taken up by the legislature’s specialized commissions.

EghtesadOnline: A couple of foreign insurance companies are determined to invest in Iran in the next two or three months, the president of the Central Insurance of Iran said.

EghtesadOnline: The Cabinet has made decisions concerning reinsurance and debts owed to the Oil Stabilization Fund among other things in their latest meeting on Wednesday.