Tehran Reinsurance Company: new reinsurance company in Iran

Tehran Reinsurance CompanyThe Iranian regulatory authorities approved the launching of Tehran Reinsurance Company.

It is the fifth reinsurance company licensed in Iran after Amin Re, Iranian Re, Saman Reinsurance and Pars Reinsurance. These latter have not yet started to operate.

Tehran Re is the third company to be established within the last twelve months.

The market regulator, Central Insurance of Iran has received 30 applications for the establishment of new insurance and reinsurance companies.

Read also | MENA zone reinsurers

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