OREANDA-NEWS. July 23, 2012. Eurasia Insurance Company is participating in the reinsurance programme of agricultural group company in Mexico – Grupo Azurcarero Mexico, - the insurer reported.

Grupo Azucarero Mexico SA de CV (GAM) is a Mexico-based company owns and operates sugar mills and packaging plants. The property interest, including machinery breakdown of the Company’s property was reinsured by Eurasia Insurance Company. Insurance amount is limited to US\\$5m for each insured event, - stated in the message.

Grupo Azucarero specializes in the production, distribution and processing of sugar cane and non-crystalizing syrup, as well as the elaboration and sale of sugar-based derivates and products. Its products portfolio includes refined sugar, powdered gelatin, ready-to-eat gelatin snacks, powdered juice drinks and others.

Eurasia, founded in 1995, is a leader in the insurance market of Kazakhstan. Today the Company operates in more than 75 countries and is amongst the 150 largest reinsurers in the world.