OREANDA-NEWS. August 20, 2014. The share of the top five insurance companies is accounted to 45.1% of total premiums collected by the insurers of Kazakhstan.

The composition of the top five remained almost the same: the primacy is traditionally held by Eurasia Insurance Company, with 14.6% share of the market; Halyk Kazakhinstrakh is in the second place with 13.5%; NOMAD Insurance with third position has collected 6.3% of all premiums; Kazakhmys Insurance entrenched in fourth position with a share of 5.4%; NOMAD Life concludes the top five leaders with 5.3% of the total amount of collected premiums.

One of the main indicators of reliability of the insurance companies is the insurance payments. Thus, in the end of June, 2014 Eurasia has paid more than KZT4.5bn or 13.4% of the total amount of claim payments made by all insurance companies of the Republic of Kazakhstan. This is the absolute leadership in the ratings of insurers who operatively make claim payments for their clients.

Halyk Kazakhinstrakh is in the second position with KZT4.4bn or 12.9% of the market. NOMAD Insurance is in the third place with KZT2.2bn or with 6.5% share of the market. Tsesna-Garant Insurance is dropped down with the result of KZT2.1bn or 6.2%. NOMAD Life concludes the list of five leaders with KZT1.8bn or 5.4% of the total amount of paid insurance payments.

As of 01 July 2014 Eurasia collected total premiums equal to KZT18.4bn. Paid-up share capital of the Company is amounted to almost KZT54.3bn, which significantly exceeds the total registered capitals of all other insurance companies in "general insurance" industry.

For the first time ever Eurasia’s assets have been reached to KZT100bn as 01 July 2014 and increased by 23.8% over the same period last year. The company also ranks first in Equity capital, which is amounted to KZT60.8bn and as well as in insurance reserves, which reached to KZT38.1bn

This information along with other indicators is available in the official website of the market regulator - www.nationalbank.kz (Statistics section - Financial Sector Indicators - Insurance Sector - Financial data - information about insurance /reinsurance organizations of RK).