Leader of Kazakhstan’s insurance market since 1995
Eurasia Insurance Company: the country’s largest insurer and reinsurer
Eurasia Insurance Company JSC has operated in the Kazakhstan market since 1995 and for many years has held first place by volume of insurance premiums collected and claims paid. The company is engaged in general insurance: it protects cars, real estate, cargo, business risks, health and the liability of individuals and organisations. At year-end 2025, Eurasia accounted for 25.6% of the market by premiums collected, and in September 2026 it became the first insurance company in Kazakhstan to receive an “A-” Financial Strength Rating from AM Best.
History and scale
The company started as a small Almaty insurer and then step by step expanded its product line and geography. At an early stage Eurasia took on the insurance of payment terminals, cash desks, transportation of valuables and the property of motor transport companies, after which it expanded beyond Almaty and the Almaty Region. Today its representative offices operate in Almaty, Astana, Karaganda and other major cities of the republic.
A particular strength of the company is international reinsurance. Eurasia accepts risks from partners in dozens of countries, and as of 1 January 2026 it accounted for almost half (49.83%) of all inward reinsurance in Kazakhstan. The company’s history includes participation in the reinsurance programme for Ariane-5 launch vehicle launches from the Kourou spaceport, inclusion by the European Space Agency in its list of reliable space-risk insurers, membership of the International Union of Marine Insurance (IUMI) and payouts on major international events — from the loss of spacecraft to the consequences of the earthquake in Japan.
The company is also known as the organiser of the annual International Conference on Risk Management, at which well-known economists have spoken, and as the developer of the “Saktau” system, which allows the authenticity of insurance policies to be verified.
| Full name | Eurasia Insurance Company JSC |
|---|---|
| In the market | since 1995 |
| Sector | general insurance (licence for insurance and reinsurance activities) |
| Market share | 25.6% by premiums collected at year-end 2025 |
| AM Best rating | “A-” (Excellent) Financial Strength Rating and “a-” Issuer Credit Rating, outlook “Stable” (September 2026) |
| S&P Global rating | “BBB+”, outlook “Stable”; national scale “kzAAA” (September 2026) |
| Shareholders | Eurasian Financial Company JSC — 95% of shares |
| Group | a financial group that includes Eurasian Bank, Eurasian Capital and the subsidiary Eurasia Life Insurance Company JSC |
| Head office | 59 Zheltoksan St., Almaty |
Reliability in rating terms
Eurasia’s rating history is one of the longest in the country. For many years the company consistently received upgrades from S&P Global Ratings: from “B+” to the current “BBB+”. On 11 September 2026 the agency raised its long-term issuer credit and financial strength ratings to “BBB+”, noting improved profitability and an exceptional liquidity buffer. A few days later, on 16 September 2026, AM Best upgraded its Financial Strength Rating from “B++” to “A-” — a first for a Kazakhstan insurer.
For the client this means something simple: the company has substantial capital, invests its assets conservatively and reinsures its risks with the world’s leading reinsurers, so it is able to pay both mass-market claims and very large losses.
Products for individual clients
OGPO VTS
Compulsory motor third-party liability insurance (OGPO VTS). A policy can be bought online in a few minutes and verified in the Unified Insurance Database (ESBD) or on the company’s website.
SmartCASCO and CASCO
Voluntary motor insurance with flexible tariff selection: the most popular options are combined in one product. There are also Credit Casco and Mini Casco programmes.
SmartHOUSE and Light House
Comprehensive protection of a flat or house against damage — fire, flooding, natural disasters and other risks.
For travellers
Insurance for people travelling abroad: medical expenses during the trip and a policy that meets visa requirements.
Accidents
Protection against injuries and their consequences, including special programmes for athletes.
VMI
Voluntary insurance in case of illness, including separate programmes for labour immigrants.
Corporate insurance
Corporate clients form the core of Eurasia’s portfolio. Businesses insure their employees, vehicles, property and civil liability here. The company works with industry and sector-specific risks and offers solutions for carriers and warehouse owners.
- insurance of road, rail, air and water transport and of their owners’ liability;
- cargo insurance, including under “Saktau” programmes, and shipper’s liability insurance;
- insurance of property against damage, of specialised machinery and of goods in circulation;
- title insurance, insurance of loans to legal entities, guarantees and sureties;
- professional liability, medical insurance and protection of personnel against accidents;
- compulsory classes: carrier’s liability to passengers, environmental insurance, liability to third parties.
Important: for a number of products Eurasia allows the contract to be concluded electronically, including compulsory motor insurance, SmartCASCO and property insurance programmes. The policy is stored electronically and verified against the ESBD database.
How to report an insured event
Ensure safety and record the event
In a road accident, call the traffic police and the company’s accident commissioner. For minor accidents without injuries, a simplified procedure — the europrotocol — can be used.
Notify the company within 3 days
Give your full name or the name of the organisation and briefly describe the insured object, the circumstances, and the place and time of the event. A specialist will advise you on further steps.
Submit a claim
A claim for an insured event is submitted at an office or online through the personal account on the company’s website.
Hand over the documents
Collect the documents provided for by the contract that confirm the event. The list of documents and payout terms are published in the company’s guidance notes on CASCO, SmartCASCO and OGPO VTS.
Why clients choose Eurasia
- long-standing leadership in premiums and claims paid in the Kazakhstan market;
- the highest international ratings among Kazakhstan insurers;
- a broad product line — from OGPO VTS and CASCO to space and marine risk insurance;
- online purchase of policies, contract verification and claim submission in the personal account;
- the backing of a large financial group and powerful reinsurance protection.
A Eurasia policy — through Dynasty
Dynasty helps you choose and take out a Eurasia IC policy without unnecessary visits. Calculate the cost in the calculator, compare Eurasia’s terms with offers from other insurers and choose the option that suits you. A Dynasty manager will answer your questions, help with the documents and advise you on what to do when an insured event occurs.