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Kowsar Insurance Company Public Joint Stock (Iran)

Main Activities: Insurance Carriers
Full name: Kowsar Insurance 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

Kowsar Insurance Company, since its corporation, has started working in all matters of commercial insurance, including property, persons, liability and engineering. The company aims to transform and provide different and superior insurance services with a service-oriented approach. Benefiting from an expert and committed staff and having an integrated sales network throughout the country, following the principles of professional ethics and a customer-oriented approach, the company prioritizes the needs of its customers with a strategic management approach based on quality models and a knowledge-based organization. Kowsar Insurance currently has 31 branches and more than 700 agencies across the country.

Headquarters
Argentina Square, Alvand Street, No.24
Tehran; Tehran; Postal Code: 1514937111

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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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19.78%
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14.71%
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14.71%
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14.71%
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9.8%
Subsidiaries
International Construction Development Corporation Company Public Joint Stock
2.41%
Ghadir Investment Company Public Joint Stock
1.34%
Company Performance
Financial values in the chart are available after Kowsar Insurance 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
64.19%
Operating profit (EBIT)
29.95%
Net Profit (Loss) for the Period
41.02%
Total assets
52.89%
Receivables
46.36%
Total equity
65.11%
Net Premiums Earned Trend
5.71%
Net Profit Trend
19.87%
Return on Equity (ROE)
-4.2%
Loss Ratio
-1.45%
Underwriting Expenses Ratio
-4.87%

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