Main results of activity of Company of foreign insurance "Kazakhinstrakh" JSC (Kazakhstan) for Q2 of year 2006

29.08.06 17:33
/IRBIS, Ruslan Dzuybaylo, August 29, 06/ - Company of foreign insurance "Kazakhinstrakh" JSC (Almaty) has furnished Kazakhstan stock exchange (KASE) within listing requirements with financial statement for second quarter of year 2006. Indicator for the similar period of year 2005 is given in parenthesis. According to the furnished data net loss of the company for the mentioned period made KZT56.9 m. (net income KZT117.5 m.) According to the audited data of Company of foreign insurance "Kazakhinstrakh" JSC income from insurance activity for the second quarter of the current year made KZT226.5 m. (KZT284.4 m) with charges on insurance payments in size of KZT82.0 m. (KZT37.1 m.). Assets of Company of foreign insurance "Kazakhinstrakh" JSC as of July 1 2006 totaled KZT5,456.6 m., in comparison with KZT3,794.3 m. as of January 1 2006. Equity capital of the company as of July 1 of year 2006 made KZT2,066.5 m. in comparison with KZT1,978.9 m. as of beginning of the year. Authorized capital for the reporting period did not change and to the end of second quarter is estimated by the company at KZT540.0 m. Original audited financial statements of Company of foreign insurance "Kazakhinstrakh" JSC for second quarter of year 2006 is available on KASE's web site at http://www.kase.kz/emitters/kzis.asp Shares of Company of foreign insurance "Kazakhinstrakh" JSC are traded in KASE's official "A" listing category. Company's primary activities - insurance activity. [2006-08-29]