Agreement to Launch Iran-Syria Insurance Co

To help underpin bilateral trade and economic ties, a cooperation agreement was signed between insurance companies from Iran and Syria. 
Iran’s Alborz Insurance Company and the Syrian Al-Aqeela Insurance Company, signed a document to launch a joint insurance company. 
According to Mousa Rezaei, the CEO of Alborz Insurance, the agreement calls for Iranian investment in the Arab county by covering Iranian businesses operating there, Alborz Insurance website quoted him as saying. 
"This signals the beginning of Iranian insurers playing a role in supporting businesses operating outside the country…We are willing to send our experts in the three main fields of reinsurance, Takaful and commercial insurance to Syria in near future," Rezaei said.