Reinsurance Bonds to Make Debut: CII

The regulator of the insurance industry said reinsurance bonds will be offered soon via the capital market to help boost insurance companies. 
Speaking at the 15th Exhibition of Exchange, Banking and Insurance in Tehran, Majid Behzadpour, the head of the Central Insurance company of Iran (CII), said, "We got  permission to sell bonds by insurers last year…Reinsurance bonds will be offered in the market by the end of the fiscal year (March 2024)," the exhibition's website quoted him as saying.