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Alborz Insurance Wins Supplementary Health Contract for 455,000 Seminary Members

16 September 2026 · 23 days ago

BALBup2.9%3,610rials7 October

The company under ticker Alborz (Alborz Insurance) said in a material disclosure filed on Codal on September 15, 2026 (24 Shahrivar 1405) that it was selected as the winning bidder for a supplementary health insurance contract for Iran's Seminary Services Center. Per the filing, the contract was signed on August 23, 2026 (1 Shahrivar 1405), covers about 455,000 seminary students and staff, and carries a total premium of more than 54,000 billion rials (about 5,470 billion tomans). The company said the contract equals roughly 8 percent of its total assets and 14 percent of its sales revenue in the prior fiscal year.

Source:CodalThe source text

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