Insurance and Risk Management

12.05.2025

Assets of life insurance companies in Kazakhstan increase by 58.6 billion tenge

The Analytical Centre of the Association of Financiers of Kazakhstan (AFK) has published a review of the Kazakh life insurance market for the first quarter of 2025.

Against the background of continued high demand for LIC products, supported by legislative norms, double-digit growth in household incomes (+10.6%) and a gradual increase...

The Analytical Centre of the Association of Financiers of Kazakhstan (AFK) has published a review of the Kazakh life insurance market for the first quarter of 2025.

Against the background of continued high demand for LIC products, supported by legislative norms, double-digit growth in household incomes (+10.6%) and a gradual increase...

06.05.2025

Profits of general insurance companies in Kazakhstan halves

The Analytical Centre of the Association of Financiers of Kazakhstan (AFK) has published a review of the Kazakhstan general insurance market for the first quarter of 2025.

The growth of assets of general insurance companies (GIC) slowed down against the background of a reduction in investment income and a more accelerated...

The Analytical Centre of the Association of Financiers of Kazakhstan (AFK) has published a review of the Kazakhstan general insurance market for the first quarter of 2025.

The growth of assets of general insurance companies (GIC) slowed down against the background of a reduction in investment income and a more accelerated...

28.04.2025

Kazakhstan prepares insurance reform

Compulsory housing insurance will be introduced in Kazakhstan. The professional participants shared their opinion on which objects should be protected and in what format. Nurzhan Dzhantureev, Deputy Chairman of the Board of Eurasia, said that in addition to compulsory disaster housing insurance, it is necessary to introduce a similar product...

Compulsory housing insurance will be introduced in Kazakhstan. The professional participants shared their opinion on which objects should be protected and in what format. Nurzhan Dzhantureev, Deputy Chairman of the Board of Eurasia, said that in addition to compulsory disaster housing insurance, it is necessary to introduce a similar product...

21.04.2025

Kazakhstan proposes mandatory home insurance against natural disasters

Kazakhstan’s Agency for Regulation and Development of the Financial Market (ARDF) has drafted a bill that would mandate insurance for residential properties against natural disasters. The proposed legislation, now available for public review, aims to establish a nationwide system of financial protection in the event of earthquakes, floods, and wildfires.

According to UNICEF, roughly...

Kazakhstan’s Agency for Regulation and Development of the Financial Market (ARDF) has drafted a bill that would mandate insurance for residential properties against natural disasters. The proposed legislation, now available for public review, aims to establish a nationwide system of financial protection in the event of earthquakes, floods, and wildfires.

According to UNICEF, roughly...

16.04.2025

Kazakhstan notes difficulties in obtaining car insurance

The insurance companies explained the situation with delays in the registration of the policy by car owners. Nomad Insurance confirmed the malfunction.

As noted by PR director Shakir Iminov, additional technical failures have been observed since April 14, including difficulties with user authorisation.

"Since all the work on the registration of the...

The insurance companies explained the situation with delays in the registration of the policy by car owners. Nomad Insurance confirmed the malfunction.

As noted by PR director Shakir Iminov, additional technical failures have been observed since April 14, including difficulties with user authorisation.

"Since all the work on the registration of the...


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