EghtesadOnline: Iranian insurance companies paid 94.25 trillion rials ($348.6 million) in medical claims in the first ten months of the current fiscal year that ends in March, posting 29.14% increase compared to the corresponding period last year.
EghtesadOnline: Insurance companies generated 66 trillion rials ($584 million) from life insurance policies in the last fiscal year (ended March 2019), indicating 42.3% increase compared to the year before.
EghtesadOnline: Insurance companies’ lack of accountability in making pharmaceutical payments is one of the main problems afflicting pharmacies, a board member of Iran Pharmacist Association said.
EghtesadOnline: Insurance companies have stopped offering third party vehicle insurance to new vehicles produced by SAIPA, Iran's second-largest automaker, due to the carmaker’s pattern of failure to settle its mountain of debts.
EghtesadOnline: The Central Insurance Company of Iran released data about the solvency of 29 insurance companies for the current fiscal (ends in March 2019), according to which 20 firms have solvency level 1, which means they were capable of meeting their commitments to policy-holders.