Deputy Director of Development and Insurance Sources called the company the country`s most powerful insurance company.

According to Iran's Public Relations Department, Mohammad Mehdi Alaani said at the ceremony of the new supervisor of the International Insurance Company's International Branch: "The current formula for calculating the financial capability of Iran's insurance and assessing its financial and operational performance is good with this formula, but its considerations in to be considered.

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What will happen if we have an accident with a luxury car?

In the past year, a new clause has been added to the third-party insurance law; accordingly, if a car with an expensive car would collide, the insurance company pledges to compensate 50% of the damages of a Muslim male during the forbidden period. In this law, the insurer considers a conventional car as the basis for determining the payment of damages; the price of a conventional car is also 50 percent of the Diyah's value of a Muslim man in the foreseen months.Since Diyah has been allocated 308 million tomans this year, so 50% of this amount is the maximum damages payment to an expensive car in law. So if someone crashes with these types of vehicles, they will pay a compensation equivalent to 50% of the Diyah.

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