Saturday, July 13, 2024
Company's Profile
Parsian Insurance Co. (Public Joint stock)
Parsian Insurance Co. has been established with permission of Tehran Department for Registration of Companies and Non-commercial Institutes under Registration Number 200722 on Mar 29, 2003 with a fully paid up capital of IRR. 160 billion, and on May 18, 2003 the company could obtain its business license in all insurance fields under No. 5200 from Central Insurance of IR Iran. The company started its activity as a private insurance company on May 18, 2003 upon issuance of the first policy. Current fully paid-up capital of the company has been increased to IRR 13,000 billion.

Scope of Activity

Carrying out direct insurance operations in all life and non-life insurance fields; acquisition of reinsurance coverage with respect to the policies issued based on Central Insurance of IR Iran’s regulations; making investments out of the capital, and also technical and legal reserves; and accepting reinsurances in compliance with the measures set by Central Insurance of IR Iran from other domestic insurance institutes (including governmental and non-governmental insurance companies and those registered in free zones).
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