Alborz Insurance distributed a dividend of 130 Rials per share

According to financial news, The annual general meeting of Alborz Insurance Company was held in the meeting hall of the company with the presence of a group of shareholders of the company, members of the board of directors and representatives of regulatory bodies from the Central Insurance, the Securities and Exchange Organization and the audit organization, and it is possible to view it live through the website. It was made available to all real shareholders of the company.
In this assembly, which was chaired by Majid Alipanahi, the chairman of the board of directors of Alborz insurance and was attended by 77% of the shareholders, the performance of the board of directors, the balance sheet and the financial statements of this company in the financial year ending on 29 Isfand 1400 were approved by the shareholders present in the meeting and The net profit of the company is equal to 11,046,617 million Rials, of which 130 Rials per share was distributed to shareholders and the rest was allocated to capital increase.
According to the report of the board of directors, Alborz Insurance Company paid 68,976 billion Rials in production insurance premiums and 36,430 billion Rials in damages last year, and the gross profit of Alborz Insurance Company’s insurance activities increased last year and reached 13,367,461,000 Rials.
Mohsen Pourkiani, CEO and Vice Chairman of the Board of Directors of Alborz Insurance in the annual general meeting of this company, stated: Fortunately, with the efforts of the employees and the sales network, Alborz Insurance performed well last year and was able to achieve a 58% growth in insurance premium production. which is a favorable figure compared to the 41% growth of the industry. Also, the loss ratio of Alborz Insurance was 52.8%, which compared to the 56.4% growth of the industry, shows the optimal management of the company’s insurance operations, and in this way, the per capita insurance premium of Alborz Insurance employees is also It has had a favorable growth and has increased by 53% from 34 billion Rials in 2009 to 52 billion Rials in 1400.
According to the Vice Chairman of the Board of Alborz Insurance Company, the development of sales and the expansion of electronic sales channels, the sale of small insurance policies and the increase in the sale of life insurance policies, the creation of balance and optimization of the company’s portfolio from the profitable market portfolio, digital transformation, increasing the influence of technology Information, optimal management of financial resources, collection of claims, optimal investment, use of capital market opportunities and capital increase are the sources of accumulated profits from Alborz insurance programs this year.
It is worth mentioning that the General Assembly has approved a 43% capital increase from 28.848 thousand billion Rials to 35.000 billion Rials from the place of accumulated profit and capital reserves to the Board of Directors and this capital increase will make Alborz Insurance in The capital of private companies is ranked first and the value of its brand in the industry will increase. /