Regulator Announces Risk Retaining Ability of Insurers

In its latest appraisal of risk retention capacity of insurers, the Central Insurance company of Iran (CII) gave Iran Insurance Company (IIC) the top spot. 
According to a report seen on the CII website, the state-owned IIC is first on the list and can handle 33.98 trillion rials ($107 million) in risks in different categories.
Pasargad Insurance Company, affiliated to Bank Pasargad Iran, is second at 13.8 trillion rials ($43m) worth of risks.