Life Insurance Sector Is Making Its Mark

Insurance companies generated 799 trillion rials ($2.95 billion) in premium in the first three quarters of the current fiscal year (ends in March – up 36% on the same period last year. 
Life insurance category logged 128.9 trillion ($477.4 million) from the total, posting 51.9% increase compared to the first three quarters the year earlier. 
The Central Insurance company of Iran, the regulator, said this category accounted for 16.13% of the industry’s portfolio.