Production of 6 thousand and 900 billion tomans of insurance premium by Alborz Insurance

According to monetary financial news, the one-month activity report leading to March 20, 2014 of Alborz Insurance Company, which operates in Tehran Stock Exchange with the symbol “Alborz”, shows that this company in the 12 months of last year more than 6 thousand 897 billion and 575 million Tomans. Has produced premiums in various disciplines.
Meanwhile, the premium produced by this company based on the audited financial statements in 1399 was equal to 4,373 billion and 891 million Tomans. With this account, Alborz Insurance has produced more than 2,523 billion and 684 million Tomans of insurance premiums in 1400 and unaudited compared to the previous year. This figure shows a growth of more than 35%.
Meanwhile, the total compensation paid by Alborz Insurance was equal to 3,643 billion and 41 million Tomans. The amount of compensation paid by Alborz Insurance in 1399, based on its audited financial statements, was equal to 2,180 billion and 158 million Tomans. With this account, “Alborz” last year shows a figure of more than one thousand and 462 billion and 883 million Tomans, which has increased by more than 50%.
34% of the total production premium of this company (equal to 2 thousand and 350 billion Tomans) was only related to the field of treatment. After this field, the highest production insurance premium in “Alborz” belonged to the mandatory third field with a share of 21% (equal to one thousand and 453 billion tomans).
Fire insurance with a share of 9% (equivalent to 619 billion tomans) was in the third place with the highest sales in 1400 Alborz Insurance.
However, in terms of compensation, 54% of the amount of 3,600 billion Tomans paid by the company (equivalent to 1,951 billion Tomans) belonged to the field of treatment.
On the other hand, 20% of the damages paid by “Alborz” were related to the compulsory third party (equal to one thousand and 453 billion Tomans). The third field in the most paid damages of this company was the field of car body insurance with a share of seven percent (equal to 462 billion Tomans).
An examination of the Alborz Insurance Company’s activity report in April of this year shows that it has identified the equivalent of 446 billion Tomans in insurance premiums and also paid 311 billion Tomans in damages.