Economy, Business And Markets

Iranian Insurers Earn $2.5 Billion in Premiums in 4 Months

$2.5 Billion in Insurance Premiums in 4 Months$2.5 Billion in Insurance Premiums in 4 Months

Iran’s insurance companies generated about 110 trillion rials ($2.5 billion) in premiums during the first four months of the current fiscal year that ended on July 22, up by 23.4% compared with the same period of last year, the new head of Central Insurance of Iran said.
“Insurers’ margin was notably positive in that period since they paid about 60 trillion rials ($1.36 billion) in claims,” Gholamreza Soleimani Amiri also told reporters at a press conference on Monday, IBENA reported.
Soleimani, who is seemingly following the example of his predecessor Abdolnasser Hemmati –who has been appointed as the governor of the Central Bank of Iran– in personally announcing figures every few months instead of publishing official reports, discussed other aspects of the country’s insurance industry.


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