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Allianz Kazakhstan concluded unusual insurance contract

Oct 29, 2010 Allianz Kazakhstan concluded voluntary insurance contract of financial losses within third stage of the first clay target shooting championship of the Union (Open Grand Prix of the CIS), and BMW X6 and Toyota Corolla cars were as a prize of the championship. Within third stage of first clay target shooting championship of the Union that was held in Almaty during the period of October 23-24th 2010, prizes of the championship were BMW X6 and Toyota Corolla cars. If participants had equal or beat a world record, they would win the cars. The object of insurance was property interest of the Insured associated with default risks of business activities in consequence of insured accident occurrence. It would have assumed that in case of insured accident, the prize would be awarded for equal record and (or) breaking the world record by clay target shooting: the first prize is BMW X6 and new Asian record is Toyota Corolla. The world record that was beaten in 2000, 150 targets and 150 hits. Asian record is 150 targets and 148 hits. At third stage the records have not beaten. Unique and individual requests of our clients are mainly require special terms of insurance and development of new products. Notwithstanding this process is as labour-intensive as a creative one. That is why we are ready to meet the wishes of our clients as well as carefully figure out all risks in decision-making on insurance in advance, said Anna Rozhkova, Managing Director of insurance company Allianz Kazakhstan. First clay target shooting championship of the Union First clay target shooting championship of the Union (Open Grand Prix of the CIS) held in Almaty during the period from October 16 to 28, 2010. As a master of competition acts Clay Target Shooting Federation of the Republic of Kazakhstan. Insurance company Allianz Kazakhstan JSC Allianz Kazakhstan is a branch enterprise of Allianz SE, working in the insurance market of the country since 1999. Since 2007 Allianz Kazakhstan belongs to the international European joint-stock company Allianz SE. Allianz Kazakhstan authorized capital stock amounts to 2.3 billion tenge. Allianz Kazakhstan is a versatile insurer, having license on all types of insurance. The branch network is presented in all regional centers of Kazakhstan. In 2009 Allianz Kazakhstan Insurance company took 3rd rank in amount of accumulated actuarial reserves, 4th rank in amount of authorized capital, and 5th rank in sum of collected insurance premiums among 41 insurance companies of Kazakhstan. Allianz Kazakhstan is a full member of Legal entities Union of Kazakhstans financiers association and acting participant of The Fund of Insurance Guarantee Payments. For additional information, please contact us: Gulnaz Bakisheva, PR manager Insurance company Allianz Kazakhstan JSC 050059, Almaty, 269 , Furmanov str. Tel./fax: +7 (727) 227 31 61 (ext. 1172) Fax: +7 (727) 227 31 53 e-mail:

Resourse: Allianz Kazakhstan

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