Financial Tribune - Life insurance henceforth will not be tax exempt, the head of Iran National Tax Administration told reporters following a meeting with Iranian Insurers Syndicate. "Today I had the opportunity to find out more about the challenges the insurance sector is grappling with. It needs mention that the domestic system also has its own ...

Financial Tribune - Insurance companies generated 66 trillion rials ($584 million) from life insurance policies in the last fiscal year (ended March 2019), indicating 42.3% increase compared to the year before. As per data released by the Central Insurance of Iran, the share of life insurance from total premium income was 14.5% -- an all-time high....