Six-month performance of the Mineral Insurance Fund
According to the Deputy Chairman of the Mining Development and Renovation Organization of Iran (Imidro), despite all the problems, including the epidemic and outbreak of the Corona virus, the performance of the Mining Investment Insurance Fund in the first half of this year was higher than last year.
According to the Iran International Stone Exhibition, Abbas Naimi in a meeting to monitor the performance of the Mining Investment Insurance Fund, which was held today by video conference, said that from the beginning of this year to the end of September, 390 billion tomans worth of insurance policies are ready to be issued; He stated: This is while the total performance of the Mining Insurance Fund last year, the value of issued insurance policies had reached 350 billion tomans; Statistics show that the fund's performance in the first half of this year was higher than last year. In addition, in the first six months of this year, 292 billion tomans of insurance policies have been issued for private sector mines.
The Deputy Chairman of the Board of Imidro announced the total amount of the fund's liabilities from the beginning of its establishment as 775 billion Tomans and said: "Fortunately, the process of activities has been such that there is no particular problem in collecting receivables." In addition, the capital increase plan of this fund has been proposed by Imidro ع and we want to expedite the provision of the necessary ground for increasing the capital of this mining support institution. Due to the expansion of Imidro's activities in the last two years, we demand the alignment of insurance services for various sectors, including exploration, infrastructure, and small mines.
New Mine Insurance Fund services are on the way
Following this meeting, Farid Dehghani, CEO of the Mining Investment Insurance Fund, while pointing to the Fund's cooperation with single companies and start-ups in the mining sector to develop insurance coverage of activities in this field, said: Granting interest subsidies on facilities related to activities This section is one of the measures we are considering.
He added: The Mining Investment Insurance Fund also has plans for financing, and the issuance of credit insurance policies to finance the capital market (Murabaha bonds) is on the agenda.
Dehghani announced: We are also negotiating with the stock exchange organization so that this fund is introduced as a guarantor. Also, the implementation plan of the customers' accreditation system by this fund is included in the fund's plans, and the consultant of this plan has been selected and we are finalizing the plan for implementation.
The CEO of the Mining Investment Insurance Fund also presented a report on the implementation of customer relationship management, implementation of the operating budget system, and so on.
* ISNA
