In an interview with Fars economic reporter on the condition of Insurance Cooperative which was promised by the central insurance to begin their activity, Seyyed Mohammad Karimi said: establishing Insurance Cooperative society was approved by high council of insurance and Minister of Economy as president of central insurance assembly.

Mentioning the issue that work permission of Insurance Cooperative must be issued by Central Insurance, he added: at the present, Central Insurance is fully ready to issue working permission to insurance cooperative society, but because of some disagreements, the process has been slowed down.

President of central insurance continued: according to some agreements, insurance cooperative society is a general cooperative and is allowed to cover all insurance activities to its insurers.