CII
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National Reinsurance Company Planned: CII
EghtesadOnline: Last year the CII said it had reduced the share of mandatory reinsurance both in life and non-life segments for the current fiscal year to help empower reinsurance firms.
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CII Updates Insurers’ Risk Retention Limits
EghtesadOnline: The Central Insurance company of Iran (CII) has released a report on the risk retention capacity of domestic insurers adding three new companies to the list.
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Insurance Premium Exceeds $266 Million in 1 Month: CII
EghtesadOnline: Insurers took in 139.3 trillion rials ($266.4 million) in premium in the first month of the current fiscal year (March 21-April 20) -- up 67.25% on the same period last year.
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6th Reinsurance Co Starts Operation
EghtesadOnline: Ava Pars Reinsurance Company (Ava Pars Re) was officially launched as Iran’s sixth reinsurance company.
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CII Says to Revise Agents New Commission Format
EghtesadOnline: The Central Insurance company of Iran has assured agents and brokers that it will revise the newly-announced commission framework, they deem controversial, in a way that would…
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CII Rates Iranian Insurers’ Risk Retention, Reinsurance Cap
EghtesadOnline: The latest appraisal of risk retention capacity of domestic insurance companies has placed state-owned Iran Insurance Company on the top.
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CII Forecasts Rise in Premium Income
EghtesadOnline: The head of Central Insurance company of Iran, the regulator of the insurance industry, says insurers’ earnings from selling insurance policy will reach a record of 600 trillion…
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Cyber Insurance Planned for Banks
EghtesadOnline: Central Insurance company of Iran (CII), the regulatory body of Iran’s fast growing insurance industry, is working on a scheme to cover bank accounts against cyberattacks.
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Risk Retention Cap for Insurers Announced
EghtesadOnline: A report by the Central Insurance company of Iran (CII), rating domestic insurers based on their risk retention capacity, placed the state-owned Iran Insurance Company at the…
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New Risk Retention Capacity for Iranian Insurers
EghtesadOnline: In its new appraisal of risk retention capacity of domestic insurers, the Central Insurance company of Iran (CII) has changed the rank of two insurance firms.
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Bigger Role Likely for Startups in Iran Insurance Industry
EghtesadOnline: As per an agreement between the Vice Presidential Office for Science and Technology and the Central Insurance company of Iran (CII), assistance of startups and knowledge-based…
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New CII Chief Appointed
EghtesadOnline: Gholamreza Soleimani Amiri, the former director of Social Security Organization, secured the approval of President Hassan Rouhani’s Cabinet on Wednesday to replace Abdolnasser…
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CII Ready to Promote Cyber Insurance
EghtesadOnline: The Central Insurance of Iran, the industry’s regulator, welcomes offers by Iranian insurers to provide coverage against cyber assaults, CII’s president said.
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CII to Develop Untapped Insurance Potentials
EghtesadOnline: Central Insurance of Iran, the industry’s sole regulator, is not pursuing the reduction of the state-owned Iran Insurance Company’s market share, as it holds high untapped potential,…
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CII Chief: Driving Behavior Will Determine Car Insurance Rates
EghtesadOnline: The Central Insurance company of Iran has announced new vehicle insurance regulations through which the drivers’ behavior will have a direct impact on their car insurance rates,…