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Novin Insurance Company Public Joint Stock (Iran)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Novin 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

The Company is mainly engaged in all types of insurance.
The Company was established as joint stock public company in 10 January 2006, and was registered in the commercial registeration under number 263461.
The Company was listed in IRAN FARA BOURSE BASE MARKET B on 11 June 2018.

Headquarters
Mirdamad Blvd, Madar Square, Shahid Sangabi Street(Behrooz), The Corner Of The 1St Alley - Block 11, P.O.Box: 5888-15875
Tehran; Tehran; Postal Code: 1911933183

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Website: http://www.novininsurance.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2006
Key Executives
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Chairperson
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Vice 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
Ownership Details
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35.23%
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19.9%
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8.67%
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5.18%
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3.9%
Subsidiaries
Navid Andokhteh Behdad Company
Company Performance
Financial values in the chart are available after Novin 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
64.52%▲
Operating profit (EBIT)
5.37%▲
Net Profit (Loss) for the Period
-45.26%▼
Total assets
28.4%▲
Receivables
76.44%▲
Total equity
-2.16%▼
Net Premiums Earned Trend
18.23%▲
Net Profit Trend
53.51%▲
Return on Equity (ROE)
-0.1%▼
Loss Ratio
-2.02%▼
Underwriting Expenses Ratio
-8.15%▼

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