Etkaam Signs Fire and Engineering Reinsurance Participation Contract With Iran Insurance
15 October 2026 | 6 days ago
Iranian Reinsurance Company (ticker: Etkaam) disclosed a related-party transaction on Codal on Wednesday, October 14, 2026: a participation reinsurance agreement for fire and engineering insurance with Iran Insurance Company. The filing dates the transaction to October 14 and records its value at 8,000,000 million rials. Under the settlement mechanism, the ceding insurer issues quarterly statements within a month of each quarter end; settlement follows review and approval by the reinsurer in accordance with the contract. The disclosed transaction value is not itself realised company profit.
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