New fire premium growth of 151%

According to the monetary and financial news, quoting the public and international relations of New Insurance, quoting the management of fire insurance; By implementing a strategy based on offering products based on the needs of customers’s day and expanding the insurance culture, the company succeeded in significantly increasing its fire insurance sales in 1400 and achieving a 151% growth in the production premium of this insurance field.

According to the published statistics, the sale of fire insurance in Novin Insurance has been accompanied by observing the principles of risk management, so that the compensation paid in 1400 compared to the same period last year has decreased by 30%.

The loss ratio of this insurance field has also decreased by 70% in 1994 compared to the previous year.

Statistics also show that in 1400, about 180 percent of the New Insurance Company’s projected budget for fire insurance was realized.