Tag Archives | Hannover Re

Western Insurers Target Iran

By John Lee. Reuters reports that Iran is in active talks with insurers to provide cover in a market valued at $9 billion last year, and potentially double that in the next decade. This is despite the fact that Iran has secured ties with only a limited number of smaller banks as U.S. sanctions remain […]

Global Insurers “Circling Iran for Business Opportunities”

Reuters reports that global insurance firms are “circling Iran for business opportunities“, and the first test of their appetite could come in March when some Iranian companies seek new cover. Insurers, reinsurers, and brokers are exploring ways to tap a market worth $7.4 billion in premiums; Allianz, Zurich Insurance, Hannover Re and RSA, for example, […]