Foreign insurance companies eyeing Iran’s market after Lausanne statement: Official

Mohammad Ebrahim Amin

If the Western sanctions against Iran are lifted, Iran’s insurance industry will need foreign investment more than anything else, said the chairman of Iran Central Insurance Company.

Chairman of Iran Central Insurance Company Mohammad Ebrahim Amin announced that a large number of foreign insurance companies have voiced their willingness to come back to the country’s market.

“These companies are waiting for the sanctions against Iran to be lifted so that they can swiftly sign deals,” Amin told reporters on Monday.

He noted that if the Western sanctions against Iran are lifted, the country’s insurance industry will need foreign investment more than anything else.

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