New insurance premium growth of 46%

According to the financial and financial news quoted by the public and international relations of Novin Insurance, based on the financial reports published in Kedal system, the company in the first 10 months of this year, to 46% growth in premiums and 17% growth in the number of issued insurance policies compared to The same period has been achieved in year 1.

According to this report, Novin Insurance has produced 16,899,047 million Rials in premiums in the first 10 months of this year.

Implementing the principles of risk management has caused Novin Insurance Company, in addition to the increase in premiums, to experience an 11-point reduction in its loss ratio during this period, compared to the same period last year.

It should be noted that group life insurance, fire and cargo insurance have had the greatest impact on the growth of new premiums.