JSC Eurasia Insurance

Eurasia Insurance Company (Евразия Страховая компания) is a Kazakhstan-based insurance company, established in 1995 and headquartered in Almaty. As of 2013, Eurasia Insurance company maintained its position as the largest insurance company in Kazakhstan in terms of assets, insurance reserves, equity and authorized capital, as well as the volume of insurance premiums. As part of its overall business strategy, Eurasia Insurance places emphasis on the geographic diversification of risks and developing partnerships with companies around the world to achieve a good spread of premium income and exposure. Eurasia reinsurance portfolio has spread its risks so that it is located over 150 countries. As of 2013, Eurasia underwrote 49% of the total reinsurance placements in Kazakhstan insurance market, and about 97% of the total reinsurance placements from abroad. The premium income of Eurasia in 2013 amounted to KZT27.238bn, claim payments totaled to KZT12.057bn, with retained earnings of KZT4.016bn.