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Kazakh uranium mining company opens tender for provision of insurance services

Kazakhstan Materials 2 February 2023 10:03 (UTC +04:00)
Kazakh uranium mining company opens tender for provision of insurance services
Emin Sevdimaliyev
Emin Sevdimaliyev
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BAKU, Azerbaijan, February 2. Kazakhstan’s “Karatau” LLP launched a tender for the provision of cargo insurance services.

The total cost of the lot is 30 million Kazakh tenge (nearly $65,860).

Those wishing to participate in the tender should submit the required documents until February 14, 2023.

The Customer's requires the minimum financial rating of a potential insurance company to be at least 6 notches from the sovereign rating of the Republic of Kazakhstan, but not lower than “B” on the Standard & Poor’s scale, or a similar rating of Fitch, Moody’s, or A.M. Best.

“Karatau” LLP also lists reinsurance as a mandatory requirement.

The insurance amount is set at 154.17 billion Kazakh tenge ($338.35 million) for 20 cargo shipments

Additional information:

Phone: +7 (778) 096-0000

E-mail: [email protected]

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