Tehran Times - CBI Governor Abdolnaser Hemmati announced that a natural disaster insurance fund will be set up in the country, IRIB reported.

Writing on his Instagram page on Sunday, the official expressed hope that the fund will be set up soon given that the country�s disaster-prone status makes its establishment a necessity.

Extreme rainfall, starting on March 19, has caused flooding in 28 out of 31 provinces of Iran affecting 42,269,129 inhabitants in 253 cities and causing widespread damage to municipal facilities, including roads, sewage systems, health centers, hospitals, etc.

The floods have left 78 people dead and 1,137 injured. As many as 295,787 people have been displaced.