Banking and insuranceEconomical

Asia Insurance paid 452 billion rials in damages


According to the financial news report, quoted by the public relations of Asia Insurance, Masoud Badin, Vice Chairman of the Board of Directors and CEO of Asia Insurance, in this ceremony, emphasized the ability and high wealth of Asia Insurance, to pay the losses of manufacturing companies in the shortest possible time with the aim of quick return. He considered the production cycle as one of the priorities of the country’s largest private insurance company.
Mr. Hostet, the CEO of Zarin Berg Paper Industries of Persia, also expressed his gratitude and appreciation for the assistance and speed of action of Asia Insurance Company in investigating the incident and paying on account to this production complex in order to prevent production stoppage, the cooperation of several years with Asia Insurance Company is one of the most valuable interactions production and industry to the country.
This report adds: The members of the board of directors and deputy CEOs were also present at the ceremony of handing over the damage check to the policyholder.
It should be noted that, following the fire incident in this factory and immediately after the claim was announced by the insured, the specialized team of Asia Insurance damage assessors performed the process of estimating and determining the damage in the shortest possible time.

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