By John Lee.
The President of Central Insurance of Iran has said that Germany’s Munich Re, the world’s biggest reinsurance company, is considering providing its services to Iran.
During a visit to Germany to discuss the prospects of post-sanctions investment opportunities in Iran by insurance companies, Abdul-Nasser Hemmati emphasized that top officials from Munich Re had told him that the company is interested in providing life insurance and other related services to the Iranians and also cooperate with the Central Insurance of Iran in training programs.
Those officials included the company’s Board Chairman Nikolaus Von Bomhard (pictured) and Vice President Joachim Wenning, Hemmati said.
On Sunday, Iranian media reported that the Lloyd’s of London insurance market was preparing to launch offices in Iran.