Following the results of 2025, Eurasia Insurance Company continues to maintain its long-standing leadership across all key financial indicators in the general insurance market. The Company celebrated its 30th anniversary last year and, at the same time, continued to expand its inward international reinsurance portfolio, generating nearly half of the total market profit.

Assets and Capital

According to recent reports from the National Bank of the Republic of Kazakhstan, total assets of general insurance companies reached KZT 1,668 billion as of the beginning of 2026, increasing by 15.2% over year. Eurasia Insurance Company, which has maintained the leading position for more than 20 consecutive years, accounted for 41.25% of the market, or KZT 639 billion.

Aggregate regulatory capital increased by KZT 107 billion by the end of 2025 and exceeded KZT 748 billion. Eurasia Insurance Company demonstrates one of the highest capital adequacy ratios in the insurance market: the Company accounts for KZT 353 billion, or more than 47% of the total.

“Eurasia’s capitalization remains at an exceptionally high level, comparable to that of international insurers rated ‘A’ and above, as analysts have repeatedly emphasized. A strong capital base underpins financial stability and enables the Company to absorb even the most significant risks. A.M. Best has revised the outlook to ‘positive,’ while S&P has affirmed the Company’s ‘BBB’ rating — the highest among insurance companies in the region and even one notch above Kazakhstan’s sovereign rating,” commented Kairat Chegebayev, Chairman of the Management Board of Eurasia Insurance Company, on the Company’s preliminary performance results.

Insurance Premiums and Reinsurance

In 2025, the general insurance market generated a record KZT 863 billion in premiums, representing a 22.8% increase compared to the previous year. The industry leader, Eurasia Insurance Company, accounted for more than a quarter of this total (25.57%), or KZT 220 billion. In terms of net insurance premiums, the Company also maintained its leading position with a market share of approximately 30%, or KZT 205 billion.

Property insurance and inward international reinsurance remain among the Company’s key business lines.

Over the year, insurance companies collected more than KZT 312 billion in property insurance premiums, of which 42.6%, or KZT 133 billion, was generated by Eurasia Insurance Company. In the segment of inward international reinsurance, domestic insurers assumed KZT 177 billion, of which KZT 84.97 billion, or 47.91%, was attracted by Eurasia Insurance Company, thereby maintaining its role as one of the largest exporters of financial services in Kazakhstan.

“Eurasia remains the most recognizable and reliable brand from Central Asia in the international reinsurance market. The quality of our underwriting and the speed of claims settlement enable us to participate in leading reinsurance programs and to remain a net exporter of financial services — one of the largest in Kazakhstan, not only among insurance companies,” added the Chairman of the Management Board of Eurasia Insurance Company.

The motor own damage (KASKO) segment maintained last year’s volume, while remaining one of the most competitive lines of business. Through combined efforts, insurers collected KZT 100.7 billion in premiums, with Eurasia Insurance Company again taking first place by premium volume, accounting for 23.54%, or KZT 23.7 billion. Thus, the Company’s services are in demand not only among large corporate clients, but also among retail customers.

Claims and Profit

Insurance claims payments in the market grew at a faster pace (+34.5%) than premiums, increasing by more than KZT 80 billion to reach KZT 311.82 billion. Of the total volume of claims payments, Eurasia Insurance Company accounted for nearly one third (31.1%), or more than KZT 97 billion.

The sector’s net profit after tax amounted to KZT 133.5 billion in 2025, with Eurasia Insurance Company also ranking first at KZT 59.7 billion, representing 44.72% of the total profit of the general insurance market.