A.M. Best: Sanctions Removal to Attract Re/Insurers to Iranian Market August 12, 2015 The lifting of trade restrictions placed on Iran may present significant opportunities for the Middle East and North African (MENA)...
Navigators Group Settles Probe Into Iran, North Korea Sanctions Violations August 10, 2015 By Katherine Chiglinsky Navigators Group Inc., the insurer that focuses on marine risks, agreed to settle a U.S. probe that it violated sanctions...
Foreign Insurers Take Cautious Look at Iran Business in Wake of Nuclear Deal July 27, 2015 By Carolyn Cohn and Bernardo Vizcaino Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear...
Iran Accord Would End Sanctions on Many Industries Including Re/Insurance July 15, 2015 By Indira A.R. Lakshmanan, Stepan Kravchenko and Gregory Viscusi Iran and world powers reached a historic accord designed to prevent the Islamic Republic from developing nuclear weapons in return...
EU Sanctions Relief for Iran Includes Lifting Insurance Ban January 13, 2014 European Union governments will implement all EU sanctions relief for Iran covered by a landmark nuclear deal on Jan. 20,...
India’s Iran Oil Imports Drop as Refiners Await Insurance Fund October 29, 2013 By Nidhi Verma India’s crude imports from Iran fell 40 percent in the first nine months of this year as some refiners cut...
New York Regulators Query 20 Reinsurers About Iran Ties July 26, 2013 New York’s financial regulators asked 20 more reinsurance companies Wednesday for information about business with Iran in violation of U.S....
Zurich Among Insurers Said to Be Probed in Expanded N.Y. Inquiry July 24, 2013 Zurich Insurance Group AG is among companies being questioned by New York’s insurance regulator in a widening probe into compliance...
India Grants 3 Month Extension to Iranian Underwriters for Non-Oil Shipments July 18, 2013 By Nidhi Verma India has extended a temporary approval to Iranian underwriters Kish P&I Club and Moallem Insurance Co for covering container and...
Swiss Re, Lloyd’s Among Insurers Probed by N.Y. on Iran Sanction July 1, 2013 By David McLaughlin and Greg Farrell Swiss Reinsurance Co. and Lloyd’s of London, the world’s oldest insurance market, are among insurance companies being probed by New...