Banking and insuranceEconomicalEconomicalBanking and insurance

profitability; Finally, the turbulent twelve months of Sina insurance


According to the report of financial news, citing the public relations and international affairs of Sina Insurance, at the end of 1400, Sina Insurance recorded a loss of 579 billion tomans in its performance, but in March 1401, this loss was made with some corrections, adjustment and optimization. The portfolio and change in the sales pattern will turn into a profit of 3.210 billion Rials and promise a period of prosperity and profitability for the shareholders and its beneficiaries.

According to this report, in the 12 months ending March 1401, Sina Insurance made a profit of 547 Rials per share, and this sharp reduction in accumulated losses and profitability led to an upward trend in the price and the formation of heavy queues in “Vasin” shares in the past days. to be

The report and statistical analysis of Sina Insurance show that the one-year production premium of this company has reached 40 thousand billion rials with a growth of 114% compared to the same period of the previous year.

This report adds that Sina Insurance, which in the new management period is trying to comply with professional principles and optimize portfolio composition, showed its readiness to take greater steps in the path of profitability and by strengthening the sales network and correcting the past procedures, to The predetermined goals will be reached.

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