Banking and insuranceEconomical

Increasing capital will enhance financial wealth

The Director of Risk and Organizational Excellence of Cooperative Insurance stated:

According to Monetary Financial News, Maryam Salmasi, Director of Risk and Organizational Excellence of Cooperative Insurance, pointed to the increase in the company’s capital: This increase used to directly affect the company’s holding capacity, but since last year, according to Regulation 55 of Central Insurance Has had an indirect impact.
He explains that the higher the company’s financial capacity to maintain risk, the higher the company’s profit margin.
Salmasi adds: “Increasing capital also has an effect on improving the company’s financial wealth.”
The manager of risk and organizational excellence of Cooperative Insurance further states: Other effective factors in increasing the company’s capital include opening the company’s hands to wider market penetration and attracting larger customers and promoting the company’s brand.

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