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18% Growth in Iran Life Insurance Premiums

EghtesadOnline: Iranian insurance companies have registered an 18% growth in life insurance premium incomes in the first quarter of the current Iranian year (March 21-June 21), the head of Central Insurance of Iran company announced.
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Publish Date:13/August/2017 | 13:20

$3.9m Insurance Payout for Petrochem Fire

EghtesadOnline: Iran Insurance Company, the state-owned insurer, has paid 148 billion rials ($3.9 million) in claims for the blaze that ravaged the warehouse of Bandar Imam Petrochemical Complex, IIC’s official website reported.
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Publish Date:06/August/2017 | 14:57

No Insurance for Unauthorized Moneychangers

EghtesadOnline: The Central Insurance of Iran, the regulatory body of insurance industry, has banned the sale of burglary insurance policies to unlicensed jewelry and exchange shops.
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Publish Date:29/July/2017 | 11:48

Insurance Authority Warns Against Illegal Online Sales

EghtesadOnline: Insurance companies and agents selling insurance policies via Internet are responsible for problems caused by any illegal activity in the sale process, the president of the Central Insurance of Iran company announced.
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Publish Date:29/July/2017 | 08:49

Insurance Corporate Governance Bylaw Approved

EghtesadOnline: The bylaw on insurance corporate governance was approved during the latest meeting of High Council of Insurance, the head of Central Insurance of Iran announced.
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Publish Date:27/May/2017 | 06:26

Iran Insurance Co Covers 4 New ATRs

EghtesadOnline: Iran Insurance Company has insured the four newly-purchased Iran Air turboprop airplanes, IIC’s website announced.
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Publish Date:20/May/2017 | 10:40

Top 3 Insurance Firms Selected

EghtesadOnline: The Central Insurance of Iran has finalized the assessment of insurance firms, selecting the top three companies during a conference on information technology and insurance, the Central Insurance of Iran announced.
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Publish Date:14/May/2017 | 10:00

Iran, Portugal ECAs Sign Cooperation Deal

EghtesadOnline: Export Guarantee Fund of Iran and Portugal’s private insurance firm COSEC signed a memorandum of understanding in Tehran on Tuesday to expand cooperation.
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Publish Date:22/April/2017 | 03:29

Foreign Investors Eying Iranian Insurance Firms

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.
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Publish Date:17/April/2017 | 08:11

Capital Increase Deadline for Insurers

EghtesadOnline: Beleaguered insurance companies have only until the end of the current fiscal year (March 20, 2018) to meet the new minimum capital requirements set by the Cabinet, announced the head of the Central Insurance of Iran.
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Publish Date:10/April/2017 | 10:49

India's Biggest Reinsurer Eying Iran

EghtesadOnline: Abdolnasser Hemmati, the president of Central Insurance of Iran, and Alice Vaidyan, CEO of GIC Reinsurance Company, discussed ways of expanding insurance ties between Iran and India.
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Publish Date:09/April/2017 | 07:48

Insurance Consortium to Prevent Auto Fraud

EghtesadOnline: Iranian insurance companies have formed a consortium for covering brand-new cars to put an end to automakers’ fraud.
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Publish Date:15/March/2017 | 13:19

Insurers' Premium Income Hits $6b

EghtesadOnline: Insurers' total premium income reached 229 trillion rials ($6 billion) in the Iranian year ending March 2016 to register a 75% increase compared with the same time three years ago, said the head of Central Insurance of Iran’s Department for Planning and Development.
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Publish Date:27/February/2017 | 15:25

60% Rise in Motorcycle Insurance

EghtesadOnline: Since the extension of incentives that waived the penalties for motorcyclists without insurance, there has been a 60% increase in third-party motorbike insurance, said the director of Personal Injury Indemnity Fund.
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Publish Date:27/February/2017 | 15:23

Vehicle Insurance About to Get Fairer

EghtesadOnline: A number of provisions in a revised law pertaining to motor insurance will ensure that premiums will be set fairly by considering criteria such as driving records, announced the head of the Central Insurance of Iran.
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Publish Date:21/February/2017 | 14:59

Insurance Incentives for 10m Motorcyclists

EghtesadOnline: The Personal Injury Indemnity Fund is offering a series of incentives to encourage some 10 million uninsured motorcyclists in the country to acquire an insurance policy as part of a larger scheme that has now come to fruition.
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Publish Date:19/February/2017 | 14:38

Gov’t Pays Health Insurance Arrears

EghtesadOnline: The government has settled a significant portion of its debts to the health insurance sector, announced the government spokesman.
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Publish Date:11/February/2017 | 10:09

Iran, Armenia to Expand Insurance Cooperation

EghtesadOnline: The Central Insurance of Iran and Central Bank of Armenia on Thursday signed an agreement to expand cooperation in insurance and reinsurance services.
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Publish Date:11/February/2017 | 10:06