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Sina Insurance Company Public Joint Stock (Iran)

Main Activities: Insurance Carriers
Full name: Sina 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

In order to fulfil the privatization in the Islamic Republic of Iran and the provision of economic and social activities of the non-governmental sector in 2003, Sina Insurance Company was established with the permission of Central Insurance. The company provides several kinds of corporate-scale insurance facilities especially those regarding the enhancement of business activities. It also provides health and life insurance amenities, from which its broad coverage of complementary health insurance is well regarded in the country. Sina Insurance is very active in transportation and tourism convenience including vehicle, cargo, travel and third-party insurance facilities. Its operations in energy fields are also of great impact, especially in oil and gas exploration and production sectors.

Headquarters
Meerdamad Blvd, Number 225
Tehran; Tehran; Postal Code: 1918973668

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Website: http://www.sinainsurance.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2003
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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49%
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17%
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4%
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3%
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3%
Subsidiaries
Damavand Investment Bank Company Public Joint Stock
0.1%
Company Performance
Financial values in the chart are available after Sina 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
109.55%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
50.01%
Investments
0%
Receivables
78.84%
Total equity
N/A
Net Premiums Earned Trend
14.23%
Net Profit Trend
287.19%
Return on Equity (ROE)
-585.13%
Loss Ratio
4.71%
Underwriting Expenses Ratio
-8.68%

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