Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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Munich Re, Halting Insurance Business

description

Munich Re, the world's largest insurance company, announced that it will no longer insure business activities in Iran.  A spokesperson for Munich Re said the company had already stopped insuring fuel shipments last year. 

Status

  • Current Status:
  • Discussion Date: Thu, 2010-02-18
  • Contract Date:
  • Completion Date:

Citation

1. "Munich Re pulls out of Iran", Post Online, 18 February 2010, available at http://www.postonline.co.uk/reinsurance/news/1592643/munich-re-pulls-iran.

2. "German insurers wind down Iran business", Reuters, 18 February 2010, available at http://uk.reuters.com/article/idUKLDE61H1Z220100218.

3. "Insurance Industry faces more pressure on Iran", Insurance Industry Blog, March 1, 2010, available at http://www.bloggingstocks.com/2010/03/01/insurance-industry-faces-more-p....

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