OREANDA-NEWS. August 14, 2012. Eurasia Insurance Company is participating in the reinsurance programme of the state-owned power corporation- Comision Federal de Electricidad (CFE), which is controlled by the Mexican government, - the insurer informed.

Under a reinsurance contract property interests are covered. Insurance amount is limited to USD100m for each insured event, - stated the message.

The CFE is the Mexican state-owned electric utility. It is the dominant electric company and the second most powerful state-owned company in Mexico. It generates, distributes and markets electric power for almost 80m people. The infrastructure to generate electric power is made up of 177 generating plants, having an installed capacity of 50,403 megawatts (MW).

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.