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Foreign insurers eyeing Iran cautiously following nuclear deal

The country is seen as an appealing US$8b market but uncertainty remains over when sanctions on Teheran would be lifted

Iranians celebrating in Teheran on July 14 after Iran's nuclear negotiating team struck a deal with world powers in Vienna. The pact has still to be approved by the US Congress.


WESTERN and Middle East insurance specialists see Iran as an appealing US$8 billion market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Teheran will be lifted means they are treating the country with caution.

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