A powerful earthquake struck villages and towns in the mountainous area of Kermanshah province on Sunday night, claiming hundreds of lives, injuring thousands of our adored citizens.
I hereby wish to express my heartfelt sympathy and deepest condolences to survivors and victims, while wishing the injured wellbeing and soon recovery; besides, I wish to ask our top executives and directors of insurance companies, who already provided coverage for natural catastrophes, to take immediate measures in order to assess and pay for the loss.
Statistics and initial investigation imply that earthquake insurance coverage would not suffice, as considerable number of residential properties has no coverage which implies the inevitability of NAT- CAT insurance pool. With the utmost effort, national insurance industry shall support our dearest citizens in such heartrending hardship.
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