EURASIA Insurance Company increased its capital to about KZT 54 billion

8 May 2014 —
eurasiaThe shareholders of the Kazakh insurance company EURASIA approved an increase of the company's share capital to KZT 53.88 billion, which is 48% of the total authorized capital of all insurance companies in Kazakhstan and significantly exceeds the total registered capital of all companies which activate in the general insurance sector.

Previously, the company's shareholders informed about their plans to cap the capital at KZT 75 billion by 2017.

The strategic increase in the EURASIA capital share was due to a significant increase in the company's businesses in the countries of the Eurasian Economic Community customs union, the European Union, as well as Southeast Asia.

On the Kazakh insurance market EURASIA is the undisputed leader in terms of assets, insurance reserves, volume of collected insurance premiums and capital.

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