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insurance

  • EghtesadOnline: Insurance companies in Iran generated 48.01 trillion rials ($192 million) in premium during the first eight months of the fiscal year (March-Nov 2020) up 23.9% compared to the same period last year.

  • EghtesadOnline: The High Council of Insurance, Iran’s main insurance authority gave the green light to two new insurance companies last week -- Pars Reinsurance Company and Charisma Life Insurance Company.

  • EghtesadOnline: The average Iranian household living in urban areas spent 49.64 million rials ($184) on health in the last fiscal year (March 2019-20), marking a 16.1% increase from 42.75 million rials ($158) they spent in the fiscal 2018-19, according to a report by the Ministry of Cooperatives, Labor and Social Welfare’s Statistics and Strategic Data Center.

  • EghtesadOnline: A survey conducted by the Social Security Organization’s Research Institute of over 700,000 applicants of unemployment insurance benefits shows 61.9% of them were the head of households and 27.1% lived in families with another wage earner.

  • EghtesadOnline: The Central Insurance company of Iran, the regulatory body of the market, has warned agents against receiving insurance premium stressing that premiums must be paid directly to the insurance companies.

  • EghtesadOnline: The Export Guarantee Fund of Iran, the main export credit agency, says it doubled credit and insurance services to exporters in the first five months of the current fiscal year (March 20- August 21).

  • EghtesadOnline: Iran Insurance Company has given 15 trillion rials ($65 million) in credit to policyholders who could not afford to pay their premiums due to the problems created by Covid-19.

  • EghtesadOnline: Iranian insurance companies generated 270 billion rials ($1.35 million) selling marine insurance policies in the first two months of current fiscal year (started March 2020) to register 65% growth compared to the same period last year.

  • EghtesadOnline: The Education and Human Resources Institute, affiliated with the Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold a course titled “Social Security Insurance Services”.

  • EghtesadOnline: A total of 12,860 billion rials ($75 million) have been deposited into the Social Security Organization’s Unemployment Insurance Fund, according to the Ministry of Cooperatives, Labor and Social Welfare.