Baku, Azerbaijan, Feb. 6
By Khalid Kazimov – Trend:
Iran Insurance Company, a fully state-owned insurance firm, has paid out $1.7 billion worth of claims to policyholders in a nine-month period (since last March).
The head of the company, Mohsen Pourkiani, has said that the company in the meantime has collected premiums worth $2.6 billion, Eghtesadonline news website reported.
Speaking to reporters in Tehran on Feb. 6, he touched upon a catastrophic incident in the Iranian capital city which led to the collapse of a high rise building.
Pourkiani said that his company has to pay worth of $104.6 million due to the incident.
Iran's oldest high-rise in downtown Tehran collapsed on Jan 19 following a major fire in the building.
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