Restructuring of government insurance companies to upgrade their betterment
said the National Insurance Company launched and documents to secure new, one document the journey for pilgrims and travelers cover the dangers of the trip Kasabat and deaths, during which, and the other traders are required to insure their goods entering Iraq.
The general manager of the company Sadiq Abdul Rahman said in a statement singled out by the «morning »that document the trip ready for launch after marketed for the purpose of reducing accidents and dangers that occur during Hajj and Umrah trips and travel.
He said Abdel-Rahman that the idea of this document came after incidents involving pilgrims this year of the fall of the crane at the Grand Mosque in Mecca and cases stampede in Mina, Indicating that the goal of which comes to minimize the risks and to compensate those affected by such incidents amounts rewarding.
announced the director of the company for the launch of another document secure new aims to expand the resources of the state by forcing traders to insure their goods entering the country, stressing that this document will serve the merchant through ensure compensation when their goods damaged or damage.
The reality of insurance in the country saw in the seventies of the last century, progress in the performance of government insurance companies, but he declined sharply in the beginning of the nineties of the last century because of international sanctions remained down yet.
And the requirements of stage for the advancement of insurance in general in the country he saw Abdul Rahman need to restructure government insurance companies as a first step in the way of raising the reality General insurance.
He added that the stage through which the country also require research and the quest for the issuance of new documents fit the current situation and enable it to cover all risks to the citizen in his life daily.
He stressed that to contribute to increasing insurance awareness, the current stage requires mandatory for some types of insurance, which will bring benefits such as imposing the existence of insurance when renewing vacation work, whether for companies or entrepreneurs.
He noted that the National Insurance Company, and in the nature of their business, they contribute to the Insurance market development in Iraq and the deployment of insurance awareness as well as participate in insurance protection against risks and reduce losses procedures.
It is worth mentioning that the company established under Law No. 56 of 1950, and when the issuance of public companies Law No. 22 of 1997, and in accordance with the requirements of becoming a public company, and was the company's capital Last year, 15 billion dinars.
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