Insurers to Unveil Innovative Offers

Insurance companies in close collaboration with the regulator are developing innovative insurance packages to build and expand services in the rapidly growing industry, head of the Central Insurance company of Iran (CII) said. 
"One of companies is finalizing a ‘Takaful’ insurance package, which should have a considerable impact on the insurance penetration rate in Iran," Majid Behzadpour told the government-owned newspaper ‘Iran’. 
It was announced earlier that Amin Re, a leading reinsurer, had applied for permission for starting Iran's first Takaful insurance company in the Persian Gulf island of Kish.