In accordance with Note 6 of Regulation No. 76 of the Supreme Insurance Council, the Central Insurance of the Islamic Republic of Iran revised the minimum sum insured/loss limit for insurance policies that require the organization’s approval regarding their rates and conditions before issuance.
Accordingly, as of 2023/09/17, insurance policies exceeding the sum insured/loss limit amounts specified in the table below must obtain Central Insurance’s authorization regarding their rates and conditions before issuance.
| Loss Limit | Line of Business |
| 40,000,000 USD | Fire, Engineering, and Oil & Gas Insurance |
| 20,000,000 USD for each vessel | Marine Hull Insurance |
| 60,000,000 USD for each fleet | |
| 6,000,000 USD for each aircraft | Aviation Insurance |
| 12,000,000 USD for each fleet | |
| 20,000,000 USD for each vessel | Marine Cargo Insurance |
