CII Strengthens Risk Retention Capacity

In its last appraisal of risk retention capacity, the Central Insurance company of Iran (CII) allowed 18 companies to accept higher risks. 
According to a report seen on the CII website, the state-owned Iran Insurance Company tops the list and can now handle 51.13 trillion rials ($172 million) in risks in different categories.
Pasargad Insurance Company, affiliated to Bank Pasargad Iran, is second with 13.8 trillion rials ($48m) worth of risks.