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Pardis Insurance

Pardis Insurance

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Pardis Insurance Company

Pardis Insurance Company

Pardis Insurance Company (Public Joint Stock), established in March 2023, is a new entrant to the national insurance industry. The company officially commenced its operations in July 2023 under the authorization of the Central Insurance of Iran (CII). Headquartered in Tehran, Pardis Insurance operates in the issuance of various Life and Non-Life insurance policies as well as Reinsurance activities. The company is currently delivering insurance services through an agile and expanding organizational structure.


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About Pardis Insurance

Pardis Insurance Company (Public Joint Stock) was established on February 26, 2023, with the aim of providing modern insurance services, registered under number 609668. Following official authorization from the Central Insurance, the company commenced operations in July 2023.

Headquartered in the Davoodiyeh district of Tehran, the company is currently expanding its service network by leveraging a specialized and expert workforce.

2023 Founded
609668 Reg. Number
21 Employees (2025)

Direct Insurance

  • Issuing Life Insurance (Life & Investment)
  • Issuing Non-Life Insurance (Property, Liability, etc.)
  • Risk Assessment and Tailored Coverage

Reinsurance Coverage

  • Obtaining reinsurance from domestic markets
  • Collaboration with international reinsurers
  • Risk management via inward and outward reinsurance

Resource Investment

  • Investing from capital and technical reserves
  • Management of assets and legal reserves
  • Sustainable returns for shareholders and policyholders

Transparency & Procedures

Asset Management

Intangible assets (software) and fixed assets (equipment and buildings) are recorded at cost and depreciated over standard periods (4 to 10 years).

Investments

Long-term investments are reported at cost, while current investments are reported at the lower of cost or net realizable value.

Technical Reserves

Precise calculation of premium reserves, outstanding claims, and natural catastrophes is conducted in accordance with Regulations 58 and 101 of the High Council of Insurance.

Revenue Recognition

Premium revenue is recognized uniformly over the coverage period, while claims and commission expenses are recorded as they occur.

Contact us!

 (+9821) 96997

 (+9821) 96997113

Email us.

 info@pardisinsure.com

 https://pardisinsure.com/

Our address

Pardis Insurance Co. 2nd Floor, No. 6, 2nd Alley, North Mosaddegh Blvd., Mirdamad, Tehran