Insurers generated 1,097 trillion rials ($3.048 billion) in premium in the first eight months of the current fiscal year (started late March), posting 57.79% growth on the same period last year.
Medical insurance was again the main revenue source, outperforming the strong and lucrative third-party auto segment for the second month in a row.
As per Central Insurance company of Iran (CII) data, insurance companies made 326.7 trillion rials ($944.9 million) selling medical insurance policy during the period -- up 168.28% from the same period last year.
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