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New Commission Structure for Insurance Agents Put on Hold

New Commission Structure for Insurance Agents Put on Hold
New Commission Structure for Insurance Agents Put on Hold

The High Council of Insurance, the regulatory body of Iran’s insurance industry, decided on Sunday to suspend the controversial agent commission framework.
According to a press release seen on the Central Insurance company of Iran website, members of the council agreed to the CII's request to postpone the mechanism until further studies.
The previous framework will be used for calculating agents and brokers' commissions.

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