Business Insurance

Login  |  Register Subscribe

cbVid =

Iran: Insurance industry records 60% jump in total premiums

April 23, 2014 - 6:00am

Official figures reveal that the Iranian insurance industry recorded a 60% increase in overall premiums to 140 trillion Iranian rials ($5.61 billion) for the Mar. 21 2013 to Feb. 20 2014 period.

Mahdi Hosseini, vice president of the Supervision Department of Central Insurance of Iran, said insurers in the private-sector account for 54.6% of the market, Middle East Insurance Review reported.

The regulator intends to set up specialized insurers, Mr. Hosseini said.

Read more


Get our daily Global Focus newsletter

You may also want to visit

International Content