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Reinsurance Particle :

Like all other direct insurance companies, Bimeh Iran (Iran Insurance Co.) has also some reinsurance practices in order to increase their capacity for writing and/or accepting more risks, as well as increasing the safety of its portfolio. For this purpose, the Reinsurance Department of the Company practices both Outward and Inward activities, locally as well as internationally.

In ceding practices, Bimeh Iran selects well reputed and financially high rated companies, especially in Europe. As some risks like energy risks are written in Iran by Consortium of Iranian insurance companies, Bimeh Iran has been the leader in this regard. Also for the Aviation reinsurance, Bimeh Iran has enjoyed the most Iranian market share.

Bimeh Iran’s (Iran Insurance Co.’s) foreign branches and agencies, mostly located in the Persian Gulf , are also provided with Reinsurance Treaties, both for their Marine Cargo policies and their Non-Marine policies, mainly including C.A.R., E.A.R., Fire and Allied Perils and Cash (CIS, CIT, etc.).

We are ready to support for Rate Quotation and placement of International reinsurance business as treaty and Facultative.

Our Goals of reinsurance services:

· Increasing the retention capacity of local insurance market as only governmental company in Iran.
· Providing reinsurance coverage for the local market.
· Accepting reinsurance from international markets.
· Providing technical reinsurance services.
· Reinsurance Practices

Samples of Outward Reinsurance in Iran Insurance Company:

Persian Gulf Petrochemical Industries

Parsian Oil & Gas Development Group Companies

Tamin Petroleum & Petrochemicals Investment Companies

National Iranian Oil Company

National Iranian Gas Refineries

Oil Refinery Industry

Lattakia Combined Cycles Project

Rumaila Conversion to Combined Cycle Project

Kangan Petrochemical Development Company

Bushehr Petrochemical Company


 And different airlines such as:

    Iran Air, Iran Air Tours, Kish Airlines, Caspian Airlines, Zagros Airlines, Meraj Airlines, Qeshm Airlines, Pars Airlines, Iran Helicopter Company

Pouya Airlines

Aseman Airlines

Mahan Airlines

Taban Airlines

National Iranian Gas Company

MAPNA Power Plants

Naftanir Industrial Projects

Takhte Jamshid Petrochemical Industries Company

Pasargad Drilling Rig

Yadavaran Oil Field

National Iranian Tanker Company