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Insurers Q1-Q3 Premium Income Up 54%, CII Says

Insurers Q1-Q3 Premium Income Up 54%, CII Says
Insurers Q1-Q3 Premium Income Up 54%, CII Says

Insurers generated 1,268 trillion rials ($3.12 billion) in premium in the first nine months of the current fiscal year (ends March) -- up 58.4% on the same period last year. 
Medical insurance topped the revenue stream outperforming the strong and lucrative third-party auto segment for the third month in a row.
The Central Insurance company of Iran (CII) data said companies made 382.3 trillion rials ($941.6 million) from medical insurance -- 165.3% higher compared to the same period last year. 
Medical insurance accounted for 30.81% of the portfolio in  the nine months -- over and above third-party auto insurance with 29.6%. 

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