The amount of insurance premiums issued by Mellat insurance exceeds four thousand billion tomans

According to the financial news report, citing the public relations of Mellat insurance, the publishing of the Mellat insurance report on the Kodal system shows that the total premiums issued by this company in the nine months of 1402 have exceeded four hemats (thousand billion tomans), which is more than the total premium The insurance issued last year was also more.

Comparing the performance of this company during this period, compared to the same period last year, indicates an 83% growth in issued insurance premiums, while the growth of paid damages was only 19% in comparison of these two dates.

The amount of losses paid by Mellat insurance from the beginning of April to the end of December 1402 was about one thousand and 724 billion tomans. Based on what is gathered from this information, Mellat insurance has been able to increase its loss ratio from 65% in the first nine months of 2011 to 42% in the same period of this year with successful portfolio management and correct risk management. Meanwhile, according to the Central Insurance report, the loss ratio of the insurance industry in the first eight months of this year was about 52%, and Mellat Insurance managed to experience a loss ratio lower than the average of the insurance industry.

It should be mentioned that the total insurance premium issued by Bima Mellat in 1401 was about three thousand and 188 billion tomans, and the same statistics show that the insurance premiums issued for 9 months this year were 26% more than the total insurance premiums issued in the whole year 1401.

In the nine-month portfolio of 1402 Bima Mellat, the third insurance share of premiums received was 22%, medical 20% and fire, ship and life 9% each.