AM Best agency confirmed Eurasia's financial strength rating at B++ and its long-term credit rating at bbb+ with a stable outlook, the insurer reports. It is noted that the company has maintained the highest rating among all insurance companies in Kazakhstan from AM Best for many years.

The ratings reflect the company’s stability, which AM Best assesses as strong, as well as the operating performance. The company's stability is ensured by high risk-adjusted capitalization, which will remain at the highest level, measured by the capital adequacy ratio. The insurer has about 45% (or more than KZT 260 billion) of total equity capital on the insurance market of Kazakhstan.

“Eurasia is harmoniously developing and growing both thanks to its domestic operations and international business. This allows us to maintain a leading position in the domestic insurance market in terms of key financial indicators, consistently demonstrating their growth and increasing financial stability”, commented Kairat Chegebaev, Chairman of the Board of Eurasia.