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May 27,2023
Majid Moshalchi, the deputy chief of the Central Insurance company of Iran (CII), the industry regulator, has disclosed details about ten major brokers and agents with major debts to the insurance...
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May 07,2023
Iran's insurance market reported decent growth in the last fiscal year (March 2022-23), with the total premium income reaching 1,754 trillion ($3.2 billion).
The y/y growth was 49.95%, according...
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February 22,2023
The Central Insurance company of Iran (CII) has launched its long-awaited innovation center to promote innovative solutions for growing sector.
Speaking at the opening ceremony of the center on...
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September 30,2022
In its last appraisal of risk retention capacity, the Central Insurance company of Iran (CII) allowed 18 companies to accept higher risks.
According to a report seen on the CII website, the state...
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September 04,2022
Iran's insurance industry is set to improve the quality of services with a four-year transformation plan, head of the Central Insurance company of Iran (CII), the industry’s regulator, said.
"The...
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August 30,2022
The Central Insurance company of Iran (CII), the regulatory body of the industry, has agreed to revise the operative mechanism of a controversial gateway to make it compatible with startup business...
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August 29,2022
Insurance companies in close collaboration with the regulator are developing innovative insurance packages to build and expand services in the rapidly growing industry, head of the Central...
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August 28,2022
The Central Insurance company of Iran is to launch two platforms to ease auto accident reporting, in collaboration with the Traffic Police and knowledge-based companies.
Majid Behzadpour, the CII...
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August 13,2022
Iranian Insurance Brokers' Association has voiced support for the Central Insurance company of Iran's controversial decision to launch a central gateway for managing online broker operations.
In a...
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July 27,2022
Insurance startups say implementing measures that promote competitiveness by the regulator is the key for the growth of the sector.
Officials from the Central Insurance company of Iran, CEOs of...
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July 16,2022
The Central Insurance company of Iran, the industry’s regulator, has required insurers to get approval before selling insurance policies worth higher than the set caps in several categories.
As...
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July 12,2022
The Central Insurance company of Iran (CII), the industry’s regulator, has reduced the share of mandatory reinsurance both in life and non-life segments for the current fiscal year to help empower...
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May 29,2022
The Central Insurance company of Iran (CII) published a report on the industry's performance saying the number of branches and insurance agents increased in the last fiscal year that ended in March...
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May 18,2022
The Central Insurance company of Iran (CII), the state regulator of the industry, says it has launched a special unit to support insurtech startups.
Promoting insurance-related startups was...
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May 14,2022
The Central Insurance company of Iran, the regulator of the sector, is planning to put an end to its supremacy over the reinsurance market by increasing the number of players, head of the company...
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October 01,2021
Most Iranian insurance companies managed to improve to level 1 in the fiscal 2020-2021 fiscal year, the Central Insurance company of Iran reported.
According to Risknews, except for Asmari...
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July 17,2021
A proposal by the Central Insurance company of Iran for removing the payout cap on third-party auto insurance loss of expensive cars has been approved by the government and sent to the parliament...
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June 20,2021
The Central Insurance company of Iran's recent decision to ban companies from selling policies via unauthorized websites has created a stir.
CEOs of major but unauthorized insurance applications...
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May 29,2021
The insurance industry regulator says more insurance companies is a necessity for increasing the penetration rate of insurers and enhancing service quality, head of the Central Insurance company of...
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April 29,2021
Insurance and life insurance companies sold 7.14 million life insurance policies in the last Iranian year that ended in March, posting 4.5% growth compared with the year before.
The Central...
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August 28,2019
In its new appraisal of risk retention capacity of domestic insurers, the Central Insurance company of Iran (CII) has changed the rank of two insurance firms.
According to a report published on...
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April 16,2017
A couple of foreign insurance companies are determined to invest in Iran in the next two...
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January 07,2017
The Central Insurance of Iran has finalized assessing insurance firms’ solvency margin ratio for...
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December 03,2016
The government aims to promote competition in the insurance industry, the economy...
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November 22,2016
Munich Re, the world’s top reinsurance company, is prepared to offer reinsurance...