Third-Party Vehicle Insurance Disliked

CEO of the government-owned Iran Insurance Company says the fact that insurer has to pay 20% of third party vehicle premiums to relevant bodies has given rise to prospects for loss-making. 
Mohsen Pourliani said the IIC pays 20% of its income from t…

CEO of the government-owned Iran Insurance Company says the fact that insurer has to pay 20% of third party vehicle premiums to relevant bodies has given rise to prospects for loss-making.  Mohsen Pourliani said the IIC pays 20% of its income from third party vehicle premium to the Traffic...