Issuance of 4,355 billion rials in insurance premiums by Pasargad Insurance

According to Shaman News, quoting the public relations of Pasargad Insurance; Pasargad Insurance Company has issued a premium equal to 43% of its current capital during its one-month activity ending December 21, 2016.

One month performance leading up to 09/30/1399

According to this report, Pasargad Insurance with a capital of 10 thousand and 206 billion Rials has issued a premium of 4 thousand and 355 billion Rials during the last month and its compensation to insurers has been 901 billion and 148 million Rials.

One month period leading up to 09/30/1399
Premium issued Compensation paid
Amount (million Rials) Amount (million Rials)
4,355,119 901,148

According to the information in the table below, the field of life insurance has the highest premium amounting to 2,918 billion rials during the last month of the company. It has also recorded the highest payment of 297 thousand and 1 million rials.

Description String of life
Amount (million Rials) Share (percentage)
Premium issued 2,917,978 67
Compensation paid

297.001 33

Performance period from the beginning of the current fiscal year until 09/30/1399

Issuance of about 34 thousand and 221 billion Rials in insurance premiums and payment of more than 7 thousand and 513 billion Rials in damages to insurers are the result of Pasargad Insurance Company’s activity during the first 9 months of this year.

Performance period from the beginning of the current fiscal year until 09/30/1399
Premium issued Compensation paid
Amount (million Rials) Amount (million Rials)
34,220,992 7,513,383

According to the available information, the field of life insurance during the mentioned period has the highest share in the issuance of insurance premiums of Pasargad Insurance Company with 58% and the highest share in the paid damages of about 34%. Accordingly, from the beginning of this year to the end of December, more than 19 thousand and 693 billion rials in insurance premiums have been issued in the mentioned insurance field and more than 2 thousand and 199 billion rials have been announced to pay damages to insurers.

Performance period from the beginning of the current fiscal year until 09/30/1399

Description Premium issued

Compensation paid

Amount (million Rials) Share (percentage) Amount (million Rials) Share (percentage)
String of life 22,039,796 65 2,598,459 34

Trading trends

At the end of this report, he adds, the stock price of Pasargad Insurance Company has increased from the price range of 69,384 Rials to 96,572 Rials during the December trading of the capital market with a 41% growth. Also, in the first trading day of the stock exchange during the last month, more than 4 million and 226 thousand shares of the company worth 293 thousand and 245 million Rials have been transferred among traders and in the last trading day of the mentioned month, 9 million and 892 thousand shares were traded. “Bpas” has a value of 955 billion and 357 million rials in this market.

Description Transactions 1399.09.01 Transactions 1399.09.26
Trading volume (shares) 4,226,422 9,892,691
Value of transactions (Rials) 293,245,024,399 955,357,737,206


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