published by: Admin
Insurers Risk Retention, Reinsurance Caps Announced
The Central Insurance company of Iran (CII) has announced data on risk retention and reinsurance capacity for insurance companies based on their last financial report.
According to CII website, the main state-owned Iran Insurance Company is ranked first in the list in terms of risk retention capacity and can accept risks worth at 18.6 trillion rials ($155 million).
It is followed by Asia and Alborz insurance companies with respective risk retention capacities of 3.5 trillion rials ($29.1 million) and 3.14 trillion rials ($25.8 million).
Parsian and Dana insurance companies are among the top five with capacities of more than 2.49 trillion rials and 2.35 trillion rials respectively.
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