Iran insurance industry
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CI Outlines Iran’s Insurance Prospects
EghtesadOnline: Ratings agency Capital Intelligence Ratings (CI Ratings) says in a recent report on Iran’s insurance industry that growth in premiums has looked strong in the nominal view in…
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Foreign Insurance Dealings in Euro
EghtesadOnline: Iran is determined to sideline the US dollar in its financial dealings for the past few years and the country’s insurance industry is no exemption, as it has emphasized a shift…
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Insurers Pay $24m in Kermanshah Quake Claims
EghtesadOnline: Iran’s insurance industry has so far paid out about 1.1 trillion rials ($24.55 million) in claims resulting from the 7.2 magnitude earthquake that shook the western province of…
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Growth in Insurance Premium
EghtesadOnline: The Central Insurance of Iran said that according to latest reports, the insurance industry has registered a 22% growth in premium in the 11 months to February 19 compared with…
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Iran’s Marine Insurance Driven by Growth
EghtesadOnline: Data from the Central Insurance of Iran indicate that the country’s insurance industry has been boosting its profits and reducing its loss ratio for the past 10 years when it…
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Insurers-Capital Market Coop. Could Tame Liquidity
EghtesadOnline: Cooperation between the insurance industry and capital market could help control the volume of liquidity, whose rise has triggered concerns in recent years, the head of the Central…
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Mandatory Insurance Tax Irks Industry Chief
EghtesadOnline: Lawmakers have forced the insurance industry to pay millions of dollars more in taxes to the government in a move that has irked the head of Central Insurance of Iran, the entity…
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Insurance Policies Up 20%
EghtesadOnline: The Iranian insurance industry issued 42.7 million insurance policies in the first nine months of the current fiscal year to Dec. 21, 2017, which indicate an increase of 20%,…
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Life Insurance in Iran Underdeveloped
EghtesadOnline: The share of life insurance in the overall portfolio of the Iranian insurance industry is meager, a fact that a board member of Middle East Insurance Company, which specializes…
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Renewed Foreign Interest in Iran Capital, Insurance Markets
EghtesadOnline: After Iran’s nuclear deal, the insurance industry’s international dealings have significantly increased, as Italian and German firms are keen on buying the shares of state-owned…
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Insurance Industry’s Four-Year Outlook
EghtesadOnline: The president of the Central Insurance of Iran elaborated on the four-year outlook of Iran’s insurance industry through the end of President Hassan Rouhani’s second and final…
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Push for Specialized Life Insurance Companies
EghtesadOnline: In line with the goals devised in the Sixth Five-Year Development Plan (2017-22) to expand the share of life insurance in the industry’s portfolio, the High Council of Insurance…
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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…
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Crunch Time for Iran’s Insurance Industry
EghtesadOnline: With its massive oil and gas resources and a large, talented youth community, Iran is the second largest economy in the Middle East and North Africa region.
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Iran's Insurance Premium Income Tops $2b
EghtesadOnline: The insurance industry has managed to earn 88.5 trillion rials ($2.3 billion) from premiums during the first four months of the current Iranian year (started March 21).
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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 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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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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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…