Dana Insurance is the third largest insurance firms in the Iranian market, holding a 7.7% share of the market. It has 1,919 agents, 21 agent companies, and 59 branches across the country. The Company’s single largest Shareholder is Saba Tamin Investment Company, the Iranian Social Security Organization’s investments company. Saba Tamin controls 25% of Dana Insurance’s shares.
In its official website, Dana insurance (https://dana-insurance.com) lists among its clientele Ansar Bank an entity designated by OFAC for its links to the IRGC. Another listed client is the Imam Khomeini Relief Committee, whose Lebanon branch was designated for its links to Hizballah;
Owns shares in Moallem Insurance Company and Amin Reinsurance Company;
Also Known As:
Dana Insurance Company
Dana Insurance Co.
Fifteenth Street, Gandi Ave., Tehran, issue 2, postal code 1517891197
» Re-insurers gone rogue
Reason for the color:
» Dana Insurance works with designated Ansar Bank;