The Central Insurance company of Iran is set to rank insurance companies based on new criteria to help promote competition in the gradually growing market.
Gholamreza Soleimani, the CII head, made the statement in a talk with Bimeh-Dari Novin magazine that specializes in news, views and analysis of the insurance sector.
"So far, solvency ratio was the only criterion for ranking insurance companies. Not anymore.
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