A 76% increase in the total income of “Votavan”
According to the financial news report, quoted by Bors News, in the activity report ending in March 1401, the amount of income that was registered from the sale of insurance premiums to the insured under its coverage was equal to 293 billion tomans. The financial year (ending March 1401) achieved a total income of 1,847 billion tomans from the sale of insurance premiums until the end of March.
The amount of damages paid by Cooperative Insurance Company in March was equal to the amount of 152 billion tomans, which was a 120% increase, and from the beginning of the year to the end of the twelfth month of 1401, it announced its payment of 751 billion tomans. that “Vatawan” achieved a positive balance of 93% in March.
The revenue generation process of “Votavan”
Based on the monthly activity of “Votaavon” in the eleventh month of the fiscal year, it left behind an income of 268 billion tomans, but; In this monthly period, the cooperative reached the amount of 293 billion tomans with a growth of 9%, and compared to the same period last year, it was facing an increase of 115%. He experienced 76 percent.
As you can see in the above graph, “Votaovan” had the highest amount of income generation since the beginning of the financial year until the end of March, and with its excellent performance, it was able to break the record of issued insurance premiums and reach its highest income level in two years. Going back to the past, it should also be mentioned that the income generation of this insurance company in the third month of the financial year and the fourth month of the year 1401 brought an upward trend, therefore, the last season was spent very well for “Vatawan”.
Separation of insurance premiums issued by “Votavan” in insurance fields in March
The highest amount of income of “Vatawan” in March of 1401 belonged to “Third – Mandatory” with an amount of over 100 billion tomans, which accounted for 34% of the monthly income during this period.
After the “third-compulsory” insurance field, which took the title of the most profitable insurance field, the “life-non-reserved” insurance field was in the next place with an amount of nearly 71 billion Tomans, also from the beginning of the financial year to the end of March. Also, the highest amount of income registered by “Vatawan” was related to “Third-Mandatory” with 590 billion Tomans.
In the end, it should be mentioned that the amount of consolidated income that “Vatawan” left behind from the beginning of the financial year to the end of March was accompanied by a 76% growth compared to last year, and it should be noted that in this 12-month period, it reached a positive balance of 1,000 and 95 billion tomans were obtained.
In the twelfth month of 1401, Cooperative Insurance Company broke the record of issued insurance premiums with its excellent performance and reached its highest income in the last two years.