PAP, Health Top Insurers’ Portfolio
PAP, Health Top Insurers’ Portfolio

PAP, Health Top Insurers’ Portfolio

PAP, Health Top Insurers’ Portfolio

Personal auto policy and health insurance accounted for 65% of insurers’ premium income during the eight months to November 20. The latest statistics released by the Central Insurance of Iran reveal that insurers sold 12.4 million mandatory personal auto policies worth 66.8 trillion rials ($1.6 billion at the market exchange rate), marking a year-on-year growth of 5% in sold policies and a 28%  rise in value. Insurers also earned 49.6 trillion rials ($1.2 billion) by selling over one million health insurance policies during the eight-month period. Numbers indicate a 13.6% growth in earned premiums and 48% growth in the number of sold premiums in the health category. The payout ratio of PAPs stood at 60% whereas the ratio was 70% for health category.

Short URL : https://goo.gl/Tv9sDb
  1. https://goo.gl/6Y6XlM
  • https://goo.gl/KDpsQ8
  • https://goo.gl/bFb8CQ
  • https://goo.gl/OmbOHd
  • https://goo.gl/9Jxcl5

You can also read ...

Online Forex System to Help Promote Transparency
Governor of the Central Bank of Iran has provided further...
TCCIM chief, Masoud Khansari (C), meets Sweden’s Ambassador to Iran Helena Sangeland in Tehran on April 18.
As a Swedish business delegation met with their Iranian...
JP Morgan Sees Headwinds for Tesla Shares
Tesla’s electric car sales will suffer due to increased...
Capital Intelligence participated in a gathering hosted by the Center of Investment and Consultancy Services  in tehran on April 21. (Photo: Saeed Ameri)
Having entered a new era after the lifting of most sanctions...
Banks to Decide FX Deposits’ Interest Rates
The Central Bank of Iran has focused on encouraging people to...
Opel’s owner PSA aims to eliminate 3,700 jobs under a program of voluntary departures.
Planned job cuts at carmaker Opel will save enough cash to...
PTA With Turkey Not in Iran’s Interests
Iran’s economic interests have not been incorporated in its...
Several lines of the subway network are still under construction.
Allocation of 7 trillion rials ($166.6 million) worth of bonds...

Add new comment

Read our comment policy before posting your viewpoints