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Saman Insurance Company Public Joint Stock (Iran)

Main Activities: Insurance Carriers
Full name: Saman 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

Saman Insurance Company Public Joint Stock is a commercial insurance company located in Tehran, Iran. It was registered on November 27, 2013, with a capital of 200 billion Rials. The company offers insurance services in the areas of property, liability, and personal insurance. It received a license to operate in the fields of life, non-life, and reinsurance from the Central Insurance and started its operations as the sixth member of Saman Financial Group on November 12, 2013. The founding board of Saman Insurance Company consists of Saman Bank, Saman Bank Investment Company, Sarchesheme Copper Investment Company, Pension Fund of National Iran Copper Industry Company, Steel Employees Support and Retirement Fund Institute, and a group of individuals with extensive experience in the financial and production industries. The company's founders and managers have years of experience in the insurance industry, which has contributed to the growth and success of Saman Insurance. The company's capital has increased to 5,000,000 million Rials as of March 1, 1400.

Headquarters
Seyed Jamaluddin Asadabadi Street, No. 433
Tehran; Tehran; Postal Code: 1434933574

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Website: http://www.si24.ir

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2005
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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Chief Executive Officer
Ownership Details
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14%
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11%
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7%
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5%
Subsidiaries
Saman Kish Electronic Payment Company Public Joint Stock
8%
Hamadan Glass Company Public Joint Stock
7.28%
Saman International Company
Company Performance
Financial values in the chart are available after Saman 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
53.61%
Operating profit (EBIT)
24.85%
Net Profit (Loss) for the Period
17.75%
Total assets
32.54%
Investments
8.5%
Receivables
74.27%
Total equity
14.99%
Net Premiums Earned Trend
1.53%
Net Profit Trend
N/A
Return on Equity (ROE)
0.21%
Loss Ratio
4.65%
Underwriting Expenses Ratio
0.11%

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