An Iranian insurance company; provides property, life, marine, aviation, and liability insurance.

Controlled by the Execution of Imam Khomeini's Order (EIKO) international financial network, which acts on behalf of the Government of Iran; acts as a front for Tadbir Investment Company, which is a subsidiary of Tadbir Economic Development Group; shareholders include Saba Tamin Investment Co., Bahman Group, Civil Pension Fund Investment Co., Rayan Saipa Co., and Iran & Shargh Co.

Company officials include Behzad Pourseyed (chairman), Massoud Hadjarian Kashani (managing director), Mahmood Mirmohammadi, Hosein Alaei, and Behrooz Khalegh Virdi.

Company registration number is 211230; established in 2003.

Sanctions

As part of the re-imposition of U.S. sanctions on Iran, added on November 5, 2018 to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13599, which targets entities controlled by the Government of Iran and Iranian financial institutions; foreign parties facilitating transactions for the entity or otherwise assisting the entity are subject to U.S. sanctions.

Previously added to the SDN list on June 4, 2013, pursuant to Executive Order 13599; removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action, but identified as a part of the Government of Iran, prohibiting transactions with U.S. parties.