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Iranian Reinsurance Company Public Joint Stock (Iran)

Main Activities: Reinsurance Carriers
Full name: Iranian Reinsurance Company Public Joint Stock Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Iranian Reinsurance Company (Iranian Re) was incorporated in 2010 and commenced its operation on 16th March 2010 with its registered office in Tehran, after obtaining its operation License from the Iranian Insurance Supervisory Authority. The company is proud to be the first Public Joint Stock Reinsurance Company in the Islamic Republic of Iran, totally financed by the private sector. The main objective of Iranian Reinsurance Company is set to meet the increasing demand for reinsurance protection by a fairly growing number of Domestic Insurance Companies, and also Insurance and Reinsurance Companies in the Region. Iranian Reinsurance Company intends to assist local Insurers in managing their risks more effectively, utilizing all the existing potentials and establishing a constructive and long-term relationship with the International Reinsurance Markets.

Headquarters
Molla Sadra Ave, North Shiraz St, No. 5, Zayandeh Roud St
Tehran; Tehran; Postal Code: 1991634491

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Website: http://www.iranianre.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2010
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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16.48%
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9.77%
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8.97%
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7.74%
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5.55%
Company Performance
Financial values in the chart are available after Iranian Reinsurance Company Public Joint Stock report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IRR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
30.49%
Operating profit (EBIT)
7.12%
Net Profit (Loss) for the Period
3.75%
Total assets
23.6%
Investments
40.75%
Receivables
25.87%
Total equity
25.81%
Net Premiums Earned Trend
-79.83%
Net Profit Trend
-8.83%
Return on Equity (ROE)
-5.98%
Loss Ratio
-12.5%
Underwriting Expenses Ratio
1.72%

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