Insurance Sector Expands Despite Challenges: CII

The Central Insurance company of Iran (CII) published a report on the industry's performance saying the number of branches and insurance agents increased in the last fiscal year that ended in March.
More than 94,700 insurance agents were active in the year – 12.9% higher than the year before, the regulator said. The number of agents specializing in life insurance shot up 20.2% to 53,300.
Pasargad Insurance Company, affiliated to Bank Pasargad Iran, alone had 42, 122 agents or 44.5% of the total across the country. Iran Insurance Company was second with 13,724 agents, followed by Asia Insurance Company.