Banned Insurance Company Coming Back

Nonoperational since 2014, Tose’e Insurance Company says it will return to the market in the coming fiscal year that starts in March. 
Speaking to reporters, Saeed Afshari, the company's CEO, said 13 trillion rials ($94 million) has been raised by shareholders in tandem with the company's revival plan. 
"Tose'e Insurance will start operations in the coming fiscal year," Risknews quoted him as saying. He did not elaborate.