S&P Global Ratings has upgraded the long-term credit rating of Eurasia Insurance Company to BBB+, with a Stable outlook. The agency’s analysts highlight improved operating performance, a strengthened liquidity buffer and a prudent investment strategy, as well as a significant increase in return on equity.

Eurasia Insurance Company has become the first private domestic company in history—not only among insurers, but across the entire financial sector—to receive a BBB+ rating from S&P. Eurasia Insurance Company maintains the highest S&P rating among insurance companies in the CIS countries, one notch above the sovereign rating of the Republic of Kazakhstan. S&P also affirmed the company’s national scale rating at kzAAA.

05 September 2025, Almaty – London. – International rating agency AM Best has revised the outlook of Eurasia Insurance Company from “Stable” to “Positive,” while affirming the Financial Strength Rating at B++ and the Long-Term Issuer Credit Rating at “bbb+.” Thus, Eurasia Insurance Company remains a market leader and continues to hold the highest rating among all insurance companies in Kazakhstan, according to AM Best.

In 2024, Eurasia attracted a record-breaking $170 million, which is nearly 70% of all reinsurance premiums from non-residents.

On June 24, 2024, the Standard & Poor’s international agency confirmed the long-term credit rating of Eurasia Insurance Company at “BBB”, with a “Stable” outlook. According to analysts, Eurasia remains one of the most stable insurance companies even in the most severe ‘what-if’ sovereign stress test scenarios in Kazakhstan.