Insurance Firms Report 41% Jump in Premium

Insurance companies generated 115 trillion rials ($4.11 billion) in premium income in the last fiscal year (March 2021-22) posting 41% growth on the year before.
Data released by the Central Insurance company of Iran, the industry regulator, show third-party vehicle insurance, which is mandatory in Iran, again topped the list alone generating one-third of the premium.
Insurers sold 24.5 million third-party auto insurance policies last year worth 40.1 trillion rials ($1.43 billion) – up 46.3% in premium income.