6th Reinsurance Co Starts Operation

Ava Pars Reinsurance Company (Ava Pars Re) was officially launched as Iran’s sixth reinsurance company.
The Central Insurance company of Iran (CII), the industry regulator, issued the operation license for the company allowing it to cover risks in all categories.
The company is affiliated to Parsian Bank Financial Group. Parsian Bank, Parsian Exchange, Parsian Reinsurance, Parsian Brokerage, Parsian Leasing Company, and Lutus Parsian Investment Bank are membered in the group.