Growth in  Insurance Premium
Growth in  Insurance Premium
Tuesday, March 13, 2018

Growth in Insurance Premium

Tuesday, March 13, 2018

Growth in Insurance Premium

The Central Insurance of Iran said that according to latest reports, the insurance industry has registered a 22% growth in premium in the 11 months to February 19 compared with the same period of last year. According to Abdolnasser Hemmati, the CII chief, the figure is indicative of strong growth in the country’s insurance industry, Banker.ir reported. The head of CII, which is the industry regulator, added that strong real growth in the number of insurance policies is also another sign that the industry is picking up steam in the country. Hemmati also advised insurance firms not to invest in projects that are not economically viable.  As of 2016, the value of Iranian insurance market was at $8.29 billion and its share of global insurance market is a meager 0.18%, ranking Iran 42nd in terms of insurance.


To continue reading this article log in to your account, or join us now and get a free trial which includes access to this specific story.

You will not be charged for your trial and there is no obligation to purchase.

Create an account or sign in

Short URL : https://goo.gl/hqaeH1
  1. https://goo.gl/1Tj45n
  • https://goo.gl/vk2JEG
  • https://goo.gl/wRqD2Y
  • https://goo.gl/kVxVfm
  • https://goo.gl/oGLG15

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...
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...
JP Morgan Sees Headwinds for Tesla Shares
Tesla’s electric car sales will suffer due to increased...
Several lines of the subway network are still under construction.
Allocation of 7 trillion rials ($166.6 million) worth of bonds...
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...

Add new comment