Accumulating Pension Fund “GNPF” and Insurance Company “Pana Insurance” have concluded the exclusive agreement on cooperation!

On April 29, 2009 the Accumulating Pension Fund “GNPF” and Insurance Company “Pana Insurance” have concluded the contract on mutual cooperation.

The purpose of the agreement is to extend the range of additional services offered to the depositors of GNPF, due to provision of possibility to conclude the contract for voluntary insurance with Insurance Company “Pana Insurance” on preferential terms. Thus the depositors of our Fund may receive reliable insurance protection from IC “Pana Insurance”.

The list of programs of voluntary insurance subject to preferential terms in the form of discounts in the amount of 10%-15% of the police value, include:

- Motor transport insurance;

- Property insurance;

- Insurance against accidents.

Date of Establishment: September 26, 1997

Joint Stock Company “Insurance Company “Pana Insurance” for more than 11 years has successfully carried out its activities on the insurance market of the Republic of Kazakhstan and currently it is a dynamically developing, universal insurance company, providing all types of insurance services in the branch of “general insurance” of physical persons and legal entities.

The shareholders of IC “Pana Insurance” provide constant support to the Company by increase of the capital thereof, attraction of partnership companies for cooperation, which is the important element of the Company’s development stability.

The License for the right to carry out insurance (reinsurance) activities in the branch of “general insurance” № 33-5/1 as of 19.12.07.

Authorized capital – 200 000 000 tenge

Insurance premium amount 1 236 611 000 tenge

Insurance indemnities amount 59 951 000 tenge

IC “Pana Insurance” in its activities orients to protection of the property interests of its customers, build-up of long-term relations with them as the reliable business partner subject to compliance with the legislation of the Republic of Kazakhstan.

The Company has reliable reinsurance system providing quick and high-quality placement of serious insurance risks in the largest Kazakhstani and international reinsurance companies, such as Ingosstrakh, EVEREST, Partner RE, Swiss RE.

Special attention is paid to efficient settlement of the insured accidents and timeliness of insurance indemnities payment, allowing to maintain the image of the insurance company at the high level, which is evidenced by practical absence of the claims from the insured.

The work in the Company is structured in accordance with the international quality standards.