Tue 27 Jun 2017

IRC Studies: Where Does Insurance Stand in The Iranian Household Expenditure Portfolio?

IRC (Insurance Research Center) has published its recent study entitled “Insurance Stance in the Iranian Households Expenditure Portfolio” conducted by Insurance Economics and Financial Research Group. Analyzing the statistics pertaining to the household expenditure raw data and income published by Statistical Center of Iran along with other study tools, this research project has attempted to unequivocally identify the expenses of various households, the expense share, the effective factors o (Countinue ....)

IRC Explicated the Formulation of Corporate Governance Bylaw

Following the recent approval of corporate governance bylaw, the Head of High Insurance Council has emphasized the enforcement of the bylaw in all the Iranian insurance companies. This also underscores the current structural changes in the insurance industry and the significance of the extensive studies performed by Insurance Research Center (IRC). Highlighting the importance of research-based decision-making, Dr. Safari, the Head of IRC, announced that the research foundation for the formulation (Countinue ....)

IRC Research Priorities for 2017 Delineated

Insurance Research Center (IRC) has outlined its research subject priorities for both independent research projects and master’s and doctoral dissertation projects according to a report by PRIAO. The report explicates that this year, the focus is on applied studies that propose strategies, recommendations, and advices. As before, IRC provides substantial supports for dissertations and strongly suggests students to choose their subjects from the Prioritized Research Themes 2017. It is also reco (Countinue ....)

Terms and Conditions for Life Insurance Developed

With the intention of facilitation of issuance process, loss assessment and payment, and proper address of customer’s complaints, IRC has reformulated general terms and condition and standard contract forms for the life insurance in Iran. According to a report by PRIAO, IRC, with the aim of the implementation of Bylaw 71 enacted by High Insurance Council and for the standardization of life contract terms and conditions and with a customer-oriented approach, an attempt has been made to prepare (Countinue ....)

Bylaw 68 of Life Insurance Under Scrutiny

Based on a study recommended by Bimeh Markazi I.R. Iran (Insurance Supervisory and Regulatory Authority) and in form of a research project, IRC has accomplished revising some bylaws related to life insurance. The research project entitled “Preparation of a Draft for Substituting Bylaw 68 Subject to Life Insurance” includes sections related to revising other relevant bylaws, global experience in allocating technical insurance rate and pensions. The study was accomplished by Life Insurance Rese (Countinue ....)

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