CII Says to Revise Agents New Commission Format

The Central Insurance company of Iran has assured agents and brokers that it will revise the newly-announced commission framework, they deem controversial, in a way that would benefit sales.
Risknews website later reported that the CII head has postponed implementation of the new rules.
Speaking at a meeting with insurance agents and representatives at Club House, Gholamreza Soleimani said the framework will be reviewed at a meeting of the High Council of Insurance, the top decision-making body of the key industry.