Banking, Insurance & Capital Markets
Razi Insurance
Razi Insurance, Iran’s first private insurer, began in early 1382 under Central Insurance authorization to raise service quality and competition in the industry.
Partner departments
Under the Non-Governmental Insurance Institutions Act (6 Shahrivar 1380) and Central Insurance of Iran license No. 5194 dated 28/02/1382, Razi Insurance began as Iran’s first private insurer in early 1382 with capital of 140,000 million rials—rising to 2,000 billion rials after capital increases by 1393. Shareholder composition changed in 1392, and the company continues to expand insurance culture, service quality, and competitive space in the industry.
Case studies
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