Reinsurance

Reinsurance

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

Kazakh Company is a leader in the insurance business in the CIS countries and it is included in the list of approved insurance companies in the international reinsurance market. Such inclusion by the world's leading insurance brokers, such as Marsh, WillisTowerWatson, Aon, Guy Carpenter, Miller and Cooper Gay in the list of approved insurance companies (market security list) of the world evidences the quality and reliability of the company's reinsurance protection on 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 16.09.2019

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 August 14, 2019, the leading international rating agency S&P Global Ratings raised its long-term insurer financial strength and issuer credit ratings on Kazakhstan-based Eurasia Insurance Co. to 'BBB' from 'BBB-', maintaining a “stable” outlook. It is also affirmed its 'kzAAA' Kazakhstan national scale rating on the company. The rating of Eurasia Insurance Company JSC is the highest credit rating among all private financial institutions of the Republic of Kazakhstan ever.

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

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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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Insured Event?

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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