Tehran, Iran, Feb.19
Trend:
The head of Central Insurance of Iran agency Gholamreza Soleimani has announced that the delayed debts of major insurance companies have no economic justification and they should be more aware of the insurance rates and conditions.
"The Central Insurance of Iran is to prevent the insurance companies from further damages but it would not intervene in the insurance rates,", he said, Trend reports citing IRNA.
"The unreal rates would damage the insurance industry and endanger the capital of the industry," he warned.
Referring to the debts of insurance companies to the Central Insurance of Iran agency, he requested the companies to updates their information at the Sanhab system (Central Insurance’s system for management, supervision and notification for sales network ) so it would identify the debts.
"Developing the insurance industry requires financial capacity of the insurance companies, by increasing their capacities in the society, the share of the industry in the economy would rise," he said.
"Utilizing digital capacities, including startups and business intelligence, would improve the situation in the insurance industry overall," he said.