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Iran Foreign Investment Company cedes its stake in Amin Re

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Magazine Issue: 
Digital insurance, the new Eldorado [3]
Magazine date: 
Mar 2018

Public company, Iran Foreign Investment Company (IFIC) is considering ceding its 14% shareholding in Amin Re’s capital, a move destined to be finalized by the 2017-2018 year which ends on March 20. By then, the reinsurer will have proceeded to an increase of its share capital which is due to rise from 1 500 billion IRR (40.6 million USD) up to 2 000 billion IRR (54.1 million USD).

Amin Re is also held by Iran Insurance Company and Dana Insurance.

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Mon, 19/03/2018 - 08:42

Source URL: https://www.atlas-mag.net/en/article/iran-foreign-investment-company-cedes-its-stake-in-amin-re

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