Iran Insurance Company, the sole state-owned company, still generates the most premium income, despite efforts to increase and expand private firms.

Data published by the Central Insurance company of Iran, the market regulator, show the IIC accounted for 32.46% of industry’s premium income in the first seven months of the current fiscal year that started in March.

The company generated 195.4 trillion rials ($693 million), 33.6% higher than in the corresponding period.

Source » prefinancialtribunesstv