Eurasia IC Sets Reserves on Fact of Losses from Hurricane Sandy
OREANDA-NEWS. December 04, 2012. Eurasia Insurance Company set reserves amounted to KZT250m (KZT150.33 / USD 1) on the fact of losses from the Hurricane Sandy in the U.S., reported the press-centre of Eurasia IC.
On October 29, 2012 fuel terminals owned by the largest energy company in North America Kinder Morgan damaged from the Hurricane. Property of the company was reinsured by Eurasia Insurance Company.
Number of physical damage of the equipment led to the business interruption.
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