According to the Mehr News Agency, in this summit it was announced that in line with the objective of fostering the retention in Asia the fund for reinsurance of huge risks is established with the corporation of insurance companies of Iran, the Philippines, Malaysia, Bangladesh and India.
Also, the general director has been asked by the board of directors to seek further corporation of the other celebrated insurance companies of the region in this regard in order to increase the retention capacity of the fund.
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MNA
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