Iranian Reinsurance Company (Iranian Re), was incorporated in 2010 and commenced its operation on 16th March 2010 with its registered office in Tehran, after obtaining its operation License from the Iranian Insurance Supervisory Authority, “Bimeh Markazi Iran”.
Iranian Reinsurance Company is proud to be the first Public Joint Stock Reinsurance Company in Islamic Republic of Iran, totally financed by private sector.
The Company is registered under the authorization of the Establishment Law of Non-Governmental Insurance Institutions as well as the Iranian Stock Exchange Regulations.
The main objective of Iranian Reinsurance Company is set to meet the increasing demand of reinsurance protection by a fairly growing number of Domestic Insurance Companies, and also Insurance and Reinsurance Companies of the Region.
The paid capital of Iranian Reinsurance Company is IRR 3,250 billion; The Company initially commenced its operations with 50% paid up capital. The paid-up capital was increased in three stages to 56%, 69% and 84.5% respectively in three consecutive years ending 2013 and full payment of the authorized capital was achieved in 2014.
Iranian Reinsurance Company intends to assist local Insurers in managing their risks more effectively, utilizing all the existing potentials and establishing a constructive and long term relationship with the International Reinsurance Markets.
Iranian Reinsurance Company enjoys experienced and well-trained staff with high education background and a highly qualified management team, well-known in the Iranian Insurance Industry.
We are anxiously looking forward to having good and fruitful business relationships based on mutual interest and trust with all our partners in the Local and International Markets.