18439
Two MPs Selected to Supervise SCI
Economy, Business And Markets

Two MPs Selected to Supervise SCI

Two members of the parliamentary economic committee were selected on Sunday to supervise the operations of the Supreme Council of Insurance (SCI). In an open session, Nasser Mousavi Largani and Mohsen Sarami won 119 and 101 votes, respectively, according to Deputy Parliament Speaker Mohammad Reza Bahonar. Abouzar Nadimi and Mohammad Alipour were two other candidates for the positions, but Nadimi lost and Alipour canceled his candidacy before the vote session, IRNA reported. The Central Insurance of Iran is the regulator in the industry, but the SCI is in charge of seeing if applicants are eligible to receive the operation permit from the CII. The council also supervises insurers’ performance if their permits are to be revoked. It also determines the general conditions of insurance transactions such as the amounts of commission fees and insurance premiums.

Short URL : http://goo.gl/qOxTyX

You can also read ...

US Looking East After Fining Europe Over Iran Business
The US effort to put Iran in a financial bind meant European...
Depending on Iran’s progress in completing its action plan, FATF will take further steps in June 2018.
The Financial Action Task Force has recognized measures taken...
Proses has offered to explore a possible SISP at the world class Mehdiabad zinc (lead and silver) project in Iran where it has a role in development planning.
British mining and mineral processing technology company...
Crimean Ports Under Sanctions Looking for Way Out to Iran
Crimea’s ports, which are not operating at full capacity due...
Iran’s Corruption Perceptions Index Improves
Iran’s score based on the Corruption Perceptions Index...
Iranian Internet Service Providers Under Scrutiny
In a bid to increase access to the Internet, the Communication...
Home Security Startup Taps Face-Recognition Tech
A team of engineers that worked on self-driving cars and...
SpaceX successfully deployed a satellite into low Earth orbit for the Spanish government.
SpaceX took a critical step Thursday toward making one of Elon...

Trending

Googleplus