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Cat risk insurance, a lucrative market in Iran

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Catastrophe risk insurance is expected to be one of Iran's lucrative markets in the post-sanctions era, Trend News Agency reports. Iran became free from international sanctions during the year. The Iranian Insurance Research Center is offering free data on local and regional markets to foreign insurers that are interested in investing in the nation. Foreign insurers such as Munich Reinsurance Co., Germany-based ERGO Group A.G. and France-based Nasco Karaoglan Group visited Iran recently to seek investment grounds.

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