Private insurer pays for quake losses in southeastern Iran

Business Materials 14 January 2018 12:15 (UTC +04:00)

Baku, Azerbaijan, Jan. 14
By Khalid Kazimov – Trend:

Following recent earthquakes in the southeastern province of Kerman, Dana Insurance Company has covered worth of 16 billion rials of losses claims.

The claims were made by the poor individuals who are the members of the Imam Khomeini Relief Committee (IKRC), an Iranian government-supported charity organization, ILNA news agency reported.

Last December a moderate earthquake of magnitude 5.2 rocked the province of Kerman leaving at least 23 people injured.

Following several earthquakes across Iran last year, the insurance officials have called on the nation to purchase fire policies which cover earthquake risks, as well.