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Iran Insurance Company

On the SDN listEntityIRAN

Iran Insurance Company (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Program: IRAN. Addresses on file in: Iran, United Arab Emirates, Oman, Bahrain, Saudi Arabia. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

Iran has 981 entities, vessels or aircraft with an address on the SDN list, ranking #2 among all countries. Other sanctioned entities with an address in Tehran 14155/6363 are listed below.

Sanctions program

Iran (Iranian Transactions and Sanctions Regulations) IRAN

Broad sanctions against Iran. They cover the Government of Iran and entities it owns or controls, and prohibit, unless authorized, nearly all trade by U.S. persons with Iran.

Also known as

  • BIMEH IRAN · aka

Addresses on file

  • 107 Dr Fatemi Avenue, Tehran 14155/6363, Iran
  • Abdolaziz-Al-Masaeed Building, Sheikh Maktoom St., Deira, P.O. Box 2004, Dubai, United Arab Emirates
  • P.O. Box 1867, Al Ain, Abu Dhabi, United Arab Emirates
  • P.O. Box 3281, Abu Dhabi, United Arab Emirates
  • P.O. Box 1666, Sharjah, United Arab Emirates
  • P.O. Box 849, Ras-Al-Khaimah, United Arab Emirates
  • P.O. Box 417, Muscat 113, Oman
  • P.O. Box 676, Salalah 211, Oman
  • P.O. Box 995, Manama, Bahrain
  • Al-Lami Center, Ali-Bin-Abi Taleb St. Sharafia, P.O. Box 11210, Jeddah 21453, Saudi Arabia
  • Al Alia Center, Salaheddine Rd., Al Malaz, P.O. Box 21944, Riyadh 11485, Saudi Arabia
  • Al Rajhi Bldg., 3rd Floor, Suite 23, Dhahran St., P.O. Box 1305, Dammam 31431, Saudi Arabia

OFAC remarks

Additional Sanctions Information - Subject to Secondary Sanctions; all offices worldwide.

Frequently asked questions

What does it mean that Iran Insurance Company is on the SDN list?

It means that its property and interests in property under U.S. jurisdiction are blocked and U.S. persons are generally prohibited from dealing with this entity. Entities it owns 50% or more of, directly or indirectly, are also considered blocked.

Can a non-U.S. company do business with Iran Insurance Company?

OFAC sanctions bind U.S. persons and companies, as well as transactions that pass through the U.S. financial system (for example, U.S. dollar payments). Some programs, such as those for Russia and Iran, include secondary sanctions on non-U.S. persons. Seek advice before transacting.

How does an entity get removed from the SDN list?

A sanctioned party can petition OFAC for removal by showing a change in circumstances. OFAC publishes removals on its website; DataCloud USA updates the list daily and marks the profiles of delisted parties.

More context: how to check if a company is debarred or sanctioned.