Life insurance has become the main source of premium income for some private insurance companies, data released by the Central Insurance company of Iran (CII), the supervisory body of the sector, show.
Pasargad Insurance Company, affiliated with Bank Pasargad Iran, generated more than 62.4% of its premium from the life insurance segment in the last fiscal year that ended in March.
The company led the domestic life insurance market with 24.3% share of the total premium last year.
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