Germany's Munich Re eyeing Iran's market

23 November 2016 —
The announcement was made by Abdul-Nasser Hemmati, the president of the Central Insurance of Iran.

Hemmati, during a visit to Germany to discuss the prospects of post-sanctions investment opportunities in Iran by insurance companies, 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 Von Bomhard and Vice President Joachim Wenning, Hemmati said.

He further added that he had urged Munich Re to offer its latest services to the Iranian market.     

Last October, Iran's domestic media quoted Mina Sadiq Nouhi, the deputy director for reinsurance affairs of the Central Insurance of Iran, as saying that Munich Re had made a significant offer for covering a variety of insurance services in Iran after sanctions were eased. Read the full story Germany's Munich Re eyeing Iran's market
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