Banking and insuranceEconomicalEconomicalBanking and insurance

The production insurance portfolio increased by 38% in the previous year


In an interview with Iran Economist, Majid Meshalachi Firouzabadi said about the insurance production portfolio (premium) produced by insurance companies in 1401: The country’s production insurance premium grew by 37.9 percent from 116 thousand billion tomans in 1400 to a figure of approx. It reached 160 thousand billion tomans.

He said: About 25 million cars and 2.5 to 3 million motorcycles in our country are covered by third party insurance.

The spokesperson of the insurance industry pointed out that about 10 million motorcycles are not covered by third party insurance: To encourage these people, forgiveness for the crimes of not insuring motorcycles has been considered.

Meshalachi also reminded that with the plan to forgive the crimes of not having motorcycle insurance, a number of motorcycle owners took action to insure their vehicles, but many have not done so yet.

The spokesperson of the Central Insurance said that according to the 50% increase in the premium rate at the end of the previous year, whether the third party insurance policy holders should get an extension to the previous premium rate, he said: According to the resolution of the Central Insurance from 2015 onwards, there is no need to Receiving an extension of the insurance policy is not due with an increase in the rate, and the natural damage fund compensates in case of damage.

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