Iran Insurance News

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 firms are to be…

Head of the Central Insurance company of Iran announced that 100 trillion rials ($716.84 million) worth of insurance debt securities will be issued in the near future, IBENA reported.

Iran insurance industry earned 183 trillion rials ($1.28 billion) from premiums during the first six months of the current Iranian fiscal (March-September). According to data released by the…

The newly-appointed head of the Central Insurance of Iran is exploring ways of divesting the shares of the sole state-owned insurer, Iran Insurance Company. 

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% compared with…

The contract signed by Saman Insurance Company with Munich Re last year is still binding, despite new developments in the wake of the US pullout from the Iran nuclear deal, the company’s CEO…

An initiative by the Social Security Organization to extend employee insurance coverage to online businesses will take effect shortly, the deputy head of SSO for insurance affairs said. SSO is…

Capital Intelligence, the international credit rating agency, believes that a strong and comprehensive risk-based supervisory system is essential to ensure the soundness of Iran’s insurance…

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 recent years, but…

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 vital for…

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 US unilateral move…

The Statistical Center of Iran has released data on the volume of per capita insurance premiums and claims paid and received by Iranians during the fiscal 2016-17 as part of its latest annual…

Iran’s insurance companies absorbed 335.9 trillion rials ($7.96 billion) in premiums during the previous fiscal year that ended on March 20, 2018, up by 21.1% when compared with the year before…

Foreign insurers have established four representative offices in Iran and another insurer has applied for a license to establish such an office, according to the head of Central Insurance of…

Global insurers are taking stock of how the US withdrawal from the international agreement to curb Tehran's nuclear program and renewed sanctions against companies that do business with Iran…

The Central Insurance of Iran, the industry’s regulator, welcomes offers by Iranian insurers to provide coverage against cyber assaults, CII’s president said.

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 toward euro both…

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.

However, in the post-…

In 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 shares in…

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).

According to new…

Iran's Saman Insurance Company has signed a contract with the world's largest reinsurance company Munich Re, the CEO of Saman Insurance said on Wednesday.

“Based on the contract, risks in…

The Central Insurance of Iran has developed a draft version of regulations regarding marketing and selling insurance policies both online and via mobile applications.

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.

Private insurance companies accounted for 62.2% of the total premium income in Iran's insurance market during the last Iranian year that ended on March 20, 2017, registering a growth of 3% year-on…

The government aims to promote competition in the insurance industry, the economy minister said at an annual event held to mark National Insurance Day on Saturday.

"We are looking to make…