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DIC Receives Formal Warning

DIC Receives Formal Warning DIC Receives Formal Warning

Dey Insurance Company (DIC) has received a written notice from the Central Insurance of Iran, the primary insurance regulator, following reports that the reserve requirements submitted by the company for the current fiscal year (ending March 20) were much lower than the set minimums. According to news website Banker, the company has been given two weeks to correct the issue and report back.    

 

Financialtribune.com