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Profit

  • EghtesadOnline: Despite risks associated with the country's air fleet, aircraft insurance coverage registered the lowest (18%) loss ratio in the industry' portfolio, allowing insurers to profit larger amounts from the premiums.

  • EghtesadOnline: The insurance industry's profit amounted to 45 trillion rials ($346 million) in the current fiscal year (started March 2019), president of the Central Insurance company of Iran said, adding that agents and brokers had a big share of the gains.

  • EghtesadOnline: Financial records of Iranian stock brokers show the domestic brokerage industry earned 6.6 trillion rials ($59 million) in net profit in the last fiscal year that ended in March.

  • EghtesadOnline: For the first time in years, Iran's national flag carrier has posted an operating profit.