OREANDA-NEWS. August 29, 2012. Eurasia Insurance Company is participating in the reinsurance programme of the state-owned oil and gas corporation - Chennai Petroleum Corporation Ltd. (CPCL), - the press service of the company informed, Kazakhstan Today reported.

The Corporation was founded in 1965, as a joint stock enterprise between Indian Government, National Iranian oil & gas company (NIOC) and Anglo-American oil & gas Amoco Corporation.

Under a reinsurance contract property interest including business interruption are covered.

Insurance amount is limited to INR40bn for each insured event,- stated the message.