BAKU, Azerbaijan, September 4. The revenue from the sale of insurance premiums of the Iranian Taavon Insurance Company grew by 118 percent during the five months of the current Iranian year (from March 21 through August 22, 2025) compared to the same period last year (from March 20 through August 21, 2024).
The data obtained by Trend from the company shows that this figure amounted to 33.8 trillion rials (approximately $59.2 million).
In the fifth month (from July 23 through August 22, 2025), the revenue equaled 9.8 trillion rials (nearly $17.2 million), marking an increase of 231 percent compared to the same month last year (from July 22 through August 21, 2024).
The mentioned increases are a clear sign that the company has hit the nail on the head with its strategies and is making great strides in attracting customers and expanding its market reach.
Taavon Company began its operations in 2007. This company engages in multifaceted sectors of the insurance domain.
