OREANDA-NEWS. October 10, 2012. Eurasia Insurance Company is participating in the reinsurance programme of the state owned enterprise - “Petroleum Authority of Thailand” (PTT Group), which is regulated by the Ministry of Finance of Thailand – the press service of the Company informed.

Under a reinsurance contract property interest, including business interruptions are covered. Insurance amount is limited to USD75m for each insured event.

PTT Group was founded in 1978 and operates in four business units, such as natural gas, oil, international trading and petrochemical and refining units. PTT has gained the largest consecutive market share on petroleum distribution and also maintains its leading role in first launching alternative fuels in the region.

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.