Iran Reinsurance Market
-
January 07,2023Two local insurance companies, namely Amin Re and Mellat Insurance, have received regulatory permission to issue reinsurance bonds for the first time in Iran. According to a press release seen on... -
October 24,2022Ava Pars Reinsurance Company (Ava Pars Re) was officially launched as Iran’s sixth reinsurance company. The Central Insurance company of Iran (CII), the industry regulator, issued the operation...
-
May 23,2021Even though most megaprojects in Iran are reinsured by domestic firms, there are projects with Chinese investments covered by their own reinsurance companies, head of the Central Insurance company...
-
March 04,2020The Central Insurance company of Iran's recently updated list of insurers authorized to accept reinsurance cover, shows Alborz Insurance Company, one of the big four private firms in Iran, has been...
-
January 18,2020Insurance companies are facing restrictions for transferring risk to foreign reinsurance companies, though talks are underway with reinsurance companies in Azerbaijan, Russia and Syria, according...
-
November 15,2019New US sanctions and major reinsurance companies' aversion to play their proper role has deprived the country of the ability to transfer major risks outside its borders and to the top international...
-
June 12,2019The Central Insurance company of Iran announced the risk retention and reinsurance capacity for insurance companies. According to data published by the CII website, the main state-owned Iran...
-
December 04,2018With 14 new reinsurance companies emerging around the time the US re-sanctioned Iran, capacity of the reinsurance industry expanded by 9.2 trillion rials ($80 million), enhancing its ability to...
-
July 24,2018The contract signed by Saman Insurance Company with Munich Re last year is still binding, despite new developments in the wake of the US pullout from the Iran nuclear deal, the company’s CEO...
-
July 06,2018The Central Insurance of Iran, the industry’s main regulator, signed an agreement with the Russian National Reinsurance Company on Wednesday. It provides for greater engagement between the two...
-
May 16,2018Iran’s reinsurance deals with foreign counterparts are not in danger of being revoked when US sanctions snap back in a maximum of six months, the chief executive of Iranian Reinsurance Company said...
-
May 02,2018Mellat Insurance Company, affiliated with Bank Mellat, has signed a contract with Munich Re, the biggest reinsurance company in the world, based on which the German firm will cover the entire life...
-
October 01,2017The Central Insurance of Iran, the industry’s regulating body....
-
September 11,2017In what would mark a big stride toward the development of Iran's insurance industry and the...
-
January 29,2017The government has approved divesting 14% of its shares in Amin Re by...
-
November 22,2016Munich Re, the world’s top reinsurance company, is prepared to offer reinsurance...
