Central Insurance of Iran
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Iran Gov't to Divest Shares in 3 Insurance Firms
EghtesadOnline: I n line with the general policies of Article 44 of Iran’s Constitution—declared 11 years ago by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei—the remaining state…
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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…
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Insurance Performance Improves
EghtesadOnline: The annual general meeting of the Central Insurance of Iran company was held on Friday in Tehran and the head of the regulatory body presented a report on the performance of insurance…
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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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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…
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Iran’s Annual Auto Compensation Hit $3b
EghtesadOnline: Iranian insurers annually pay $3 billion as compensation for traffic collisions which, according to the Central Insurance of Iran, is very high and considered a national loss.…
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Rules Proposed for Online Insurance Policy Sale in Iran
EghtesadOnline: The Central Insurance of Iran has developed a draft version of regulations regarding marketing and selling insurance policies both online and via mobile applications.
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Insurance Penetration Rate at 2.2%
EghtesadOnline: Iran’s insurance industry has significantly improved in recent years, as its penetration rate grew by 0.5% to reach 2.2% during the year to March 20, 2017, said the president…
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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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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…
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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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Corporate Governance Bylaw for Insurance Industry
EghtesadOnline: The new bylaw on corporate governance in Iranian insurance companies has been devised and will be implemented soon, announced the president of Central Insurance of Iran.
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Outcomes of JCPOA, tangible in insurance industry: Official
EghtesadOnline: President of the Central Insurance of Iran Abdolnaser Hemmati says that the outcomes of the July 2015 nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), can…
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Iran Focusing on Insurance Development
EghtesadOnline: An economy heavily controlled by the government and a lack of development in key economic sectors are the two main reasons for the Iranian insurance sector's lower penetration…
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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…
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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…
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Iranian Insurance Industry Annual Growth at 22%
EghtesadOnline: Iran's insurance industry grew by 22% during the year to March 20, 2017, with insurance penetration rate improving by 0.4% to reach 2.1%, said the president of the Central Insurance…
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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…
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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…
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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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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…
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Insurance Corporate Governance Rules Unveiled
EghtesadOnline: Insurance Research Center, a think-tank affiliated with the Central Insurance of Iran, has finalized the draft version of “corporate governance principles” for domestic insurance…
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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…
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Rules for Coop. With Foreign Travel Assistance Firms
EghtesadOnline: The Central Insurance of Iran, the insurance industry’s regulator, has defined new rules over Iranian insurance firms’ cooperation with foreign assistance companies that provide…