Iranian Reinsurance Company (Iranian Re), has been formally established as the first Iranian private reinsurance company on 16th March 2010 by getting its operation License from the Iranian Insurance Supervisory Authority, Bimeh Markazi Iran. As a Public Joint Stock., Iranian Re has been registered under the authorization of the Iranian Establishment Law of Non-Governmental Insurance Companies as well as the Iranian Stock Exchange Regulations. The main objective of Iranian Re is set to meet the increasing demand of reinsurance protection by a fairly large number of domestic insurance companies in the growing Iranian insurance market as well as insurance and reinsurance companies of the Region. The authorized capital of Iranian Re is IR. Rls. 1,535 billion (more than USD 150 million), fifty percent (50%) of which has been paid. Iranian Re intends to assist local insurance market to manage their risks more effectively, utilizing all the existing potentials and making a constructive and long- term relationship with international reinsurance markets. Iranian Re enjoys experienced and well trained staff with high academic background and a highly qualified management team, well known in the Iranian insurance industry. Iranian Re’s Management and Staff are committed to deliver a prompt and professional service