Iran insurers
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Iranian Insurers Earn $2.5 Billion in Premiums in 4 Months
EghtesadOnline: Iran’s insurance companies generated about 110 trillion rials ($2.5 billion) in premiums during the first four months of the current fiscal year that ended on July 22, up by 23.4%…
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CI: Reforms Vital to Fortify Iran Insurers’ Resilience
EghtesadOnline: In its latest report on Iran's insurance sector, Capital intelligence, the international ratings agency, said addressing the structural problems of Iran’s insurance market is…
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Iranian Insurers Resilient to US Sanctions
EghtesadOnline: Capital Intelligence, the international credit rating agency, has released its key report on the Iranian insurance market, reviewing the latest development in the wake of the…
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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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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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Iranian, Norwegian Insurers to Compensate Oil Tanker Blaze
EghtesadOnline: In the wake of an Iranian oil tanker's collision in East China Sea, Iranian insurers are to compensate 30% of the costs while the rest would be covered by a Norwegian firm, the…
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Insurers Assessing Iran Quake Losses
EghtesadOnline: Iranian insurance companies have started evaluating the losses caused by the recent massive earthquake that shook the western Kermanshah Province near the Iraqi border and processing…
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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…
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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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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…