Parsian Insurance Company was
registered with Tehran Department for Registration of Companies and
Non-commercial Institutes under Reg. No. 200722 on 29 March 2003 with
the fully paid-in capital of Rls. 2,000,000,000,000 and
it could receive the authorization for its insurance activities for all
insurance fields from Iran Central Insurance under License No. 5200 on 19 August 2003. The company started its activity as a private insurance company, following the first policy issued on the dame date (19 August 2003).
Company’s Subject of Activity
direct insurance operations in all fields, including life and non-life
insurances, acquisition of reinsurance cover with respect to policies
issued, making investments out of the company’s capital, technical and
legal reserves and provisions, accepting reinsurances from other
domestic direct insurance institutes (including governmental and
non-governmental and/or registered in free zones) in compliance with the
measures specified by Iran Central Insurance Company.