MS Amlin

Financial Services

"Western insurers are slowly reaching deals with Iran as they seek to re-enter a multi-billion dollar market although the pace of business is hampered by banking restrictions ten months on from the lifting of international sanctions...Aviation and energy are two sectors in focus, industry executives say, along with political risk cover, even if there have been few deals so far. Christian Bieri, EMEA reinsurance head at insurance group MS Amlin, said Iran was 'very much under discussion'. 'It’s very high up the agenda," Bieri said. "It's going to be something for 2017.' (Reuters, "Cautious Western insurers rebuild business ties with Iran," 10/21/2016).