Performance of Legal Auditors & Inspectors Assessed

ِDate: 2014/10/15

To further strengthen financial supervision over insurance companies and to enhance the status of the auditors and inspectors of these companies, Bimeh Markazi Iran (Central Insurance of I.R. Iran) assessed the performance of audit institutions of every single insurance company.

To this end, the reports and comments about the financial statements of the preceding year made by audit institutions were studied and evaluated. Accordingly, those audit institutions that had not mentioned violation cases about insurance laws and regulations were warned.

It is noteworthy that this year Bimeh Markazi has planned not only to revise its accreditation in case in audit reports of financial statements of insurance companies serious discrepancies get found, but also to report the case to relevant legal authorities.

 

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