4 Insurance Firms to Make Debut

The Central Insurance company of Iran, the body in charge of regulating the industry, announced that four new insurance companies will open soon 
"Investors are interested in starting insurance firms. Newcomers will help boost competitiveness" in the gradually growing industry, Gholamreza Soleimani was quoted as saying by the CII website. 
"One company has received operational license," he said without providing details. However, local media reported earlier that a new reinsurance company, Saman Reinsurance Company, has received got a license from the regulator and will make a debut soon. It will be Iran's third reinsurance company, and the second insurance firm affiliated to Saman Bank.