Sarmad Insurance Company, affiliated to Bank Saderat Iran, has joined the Federation of Afro-Asian Insurers and Reinsurers (F.A.I.R.), the company website reported on Tuesday. The federation was established in 1964 to promote cooperation among insurance and reinsurance companies in Africa and Asia, through the regular exchange of information, expertise and the development of business relations. Currently, it has 13 members from Iran.
