tag Iran reinsurance

Risk Retention, Reinsurance Caps Announced

EghtesadOnline: The Central Insurance of Iran has announced the latest risk retention and inward reinsurance capacity allowed for insurance companies.
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Publish Date:13/March/2018 | 09:04

Insurers’ Compulsory Cession to Shrink by 2022

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.
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Publish Date:13/November/2017 | 07:20

Iran's Mellat Insurance, SCOR Finalize Reinsurance Deal

EghtesadOnline: 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.
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Publish Date:24/October/2017 | 24:22

Iran, SCOR SE Reach Reinsurance Agreement

EghtesadOnline: The Central Insurance of Iran, the industry’s regulating body and its largest reinsurer, announced on Thursday it has reached a much-anticipated agreement with France’s SCOR SE, based on which the major reinsurer will cover catastrophe excess of loss reinsurance for Iran.
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Publish Date:03/October/2017 | 11:33

Iran Gov't Divesting Reinsurance Stake

EghtesadOnline: In what would mark a big stride toward the development of Iran's insurance industry and the promotion of its privatization initiative, the government is to relinquish its remaining stake in Amin Reinsurance, a major company domiciled in the Free Trade Zone of Kish Island.
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Publish Date:13/September/2017 | 24:08

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

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

Iranian Gov’t to Sell Stake in Amin Re

EghtesadOnline: The government has approved divesting 14% of its shares in Amin Re by the end of the current Iranian year (March 20), announced Amin Re’s chief executive.
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Publish Date:30/January/2017 | 15:16

140 Foreign insurers seeking Iran entry

EghtesadOnline: The Central Insurance of Iran, the industry’s regulator, has held talks with more than 140 foreign insurance and reinsurance companies that sought to enter the Iranian market since the lifting of the sanctions in January 2016.
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Publish Date:23/January/2017 | 05:26

Push for Reinsurance Reform

EghtesadOnline: Reinsurance industry’s representatives have sent a letter to Abdolnasser Hemmati, the head of Central Insurance of Iran, urging him to stop other insurance companies from being active in the reinsurance sector, the chief executive of Amin Reinsurance Company said.
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Publish Date:28/October/2017 | 11:22

1st UK Reinsurance for South Pars Projects

EghtesadOnline: Ed Broking LLP, London-based wholesale insurance and reinsurance broker, says it has managed to provide reinsurance coverage for three energy projects in Iran’s South Pars Gas Field.
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Publish Date:20/February/2017 | 15:46