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Pasargad Insurance Company Public Joint Stock (Iran)

Main Activities: Insurance Carriers
Full name: Pasargad 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

Pasargad Insurance Company is a public joint stock company located in Tehran. It was established by Pasargad Financial Group with the aim of providing insurance services in the field of life and non-life insurance. The company was registered on November 18, 2016, with a capital of 450 billion Rials, 50% of which was paid. It received its activity license on November 29, 2016, from the Central Insurance of the Islamic Republic of Iran. Pasargad Insurance Company offers insurance policies in various fields and started its official activity on January 12, 2016.

Headquarters
Dr. Fatemi Street, Eight Heaven Street, No. 2
Tehran; Tehran;

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Website: http://www.pasargadinsurance.ir

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2007
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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Chief Executive Officer
Ownership Details
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20%
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19.22%
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4.96%
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4.21%
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4.07%
Subsidiaries
Iranian Reinsurance Company Public Joint Stock
8.97%
Sina Chemical Industries Company Public Joint Stock
0.45%
Sobhan Darou Public Joint Stock Company
0.5%
Company Performance
Financial values in the chart are available after Pasargad 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
57.36%
Operating profit (EBIT)
-0.48%
Net Profit (Loss) for the Period
-14.34%
Total assets
37.26%
Investments
-97.64%
Receivables
94.26%
Total equity
22.7%
Net Premiums Earned Trend
8.14%
Net Profit Trend
-11.09%
Return on Equity (ROE)
-6.68%
Loss Ratio
-10.11%
Underwriting Expenses Ratio
7.24%

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