Reinsurance

Reinsurance

The only company in Kazakhstan, which provides its reinsurance coverage to international companies

The Company is among the top insurance businesses in the CIS countries and is on the list of the insurance companies approved in the international reinsurance market. It’s inclusion by such leading international insurance brokers, as Marsh, WillisTowerWatson, AON, Guy Carpenter, RK Harrison, Miller, attests to the quality and reliability of the company’s reinsurance coverage in the international reinsurance market.

The Company reinsures with 20 of the 25 world's leading reinsurance companies

(according to the Standard & Poor's rating agency) with the help of top ten leading international insurance brokers.
Also, for the first time in Kazakhstan and the CIS countries, our company has entered the ranks of the IUA members (International Underwriters Association), which again means recognition and opens up new opportunities for the Kazakh insurance market as a whole.

International membership:


This is how much we have paid to our insurance customers as on 12.08.2020

10,862,081,928
or
KZT {{timeparams.clear.bymonth}} bln. on a monthly basis or KZT {{timeparams.clear.byweek}} mln. a week (including week-ends), KZT {{timeparams.clear.byday}} mln. a day, KZT {{timeparams.clear.byhour}} bln. per hour, KZT {{timeparams.clear.byminute}} thous. per minute

International Rating

These ratings are generated byy International rating Agencies and are represent company reliability measure

bbb

On June 9, 2020, the largest S&P Global Ratings rating agency has confirmed the issuer’s long-term credit rating and financial strength rating of Eurasia Insurance Company JSC as “BBB”, maintaining a “stable” outlook. The rating of Eurasia IC on the national scale has remained at the level of "kzAAA". The rating of Eurasia IC JSC is historically the highest credit rating among all private financial institutions in the Republic of Kazakhstan.

b++

As of July 26, 2019, Eurasia Insurance Company has a bbb+ credit rating (with stable outlook) and financial reliability rating of B++ (with stable outlook) by A.M. Best - top international rating agency.

*The assigned BBB national scale rating is the highest in the Republic of Kazakhstan among all the published rankings of private financial institutions in the country, while the international credit rating is the only one on the territory of the Republic of Kazakhstan.

Despite the situation in the banking sector of Kazakhstan and S&P’s corresponding negative rating decisions last week, the agency has taken into account improvement of the quality of "Eurasia" investment portfolio, high capitalization of the company, diversification of portfolio and market share in the Kazakh insurance market.

Financial Performance

Key financial performance of the company for the previous 12 months, or 10 years

Assets

Premiums

Compensation Payouts

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Our Projects

Gazprom

Oil and gas

More

Rosenergoatom

Nuclear power station operation

More

Time Warner Inc.

Mass media

The Boeng Company

Aerospace

List of the best known companies our company works with. You can see a more comprehensive list by following “All Projects” links.

Countries that Eurasia IC works with

The company has been engaged in reinsurance and has been licensed for reinsurance since 2003

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There was an accident and you have encountered a problem? Don’t you worry if you have an insurance policy with Eurasia IC JSC. We sympathize with you and are ready to give you our assistance and support.

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