Insurance and Risk Management

12.02.2021

More and more Kazakhstanis ready to insure their lives amidst pandemic

Life insurance is one of the key mechanisms for protecting property interests, as well as financial planning for the population around the world. In Kazakhstan, this type of insurance has been gaining more and more popularity in recent years. So, in 2020, the amount of insurance premiums received in the...

Life insurance is one of the key mechanisms for protecting property interests, as well as financial planning for the population around the world. In Kazakhstan, this type of insurance has been gaining more and more popularity in recent years. So, in 2020, the amount of insurance premiums received in the...

12.02.2021

Insurance business in Kazakhstan: results and expectations

Last year, despite the pandemic, Kazakhstani insurance companies earned 46% more than in 2019. The amount of collected premiums increased, while payments were made less.

As follows from the data posted on the National Bank's website, the total assets of the insurance sector grew by 23% on-year, from 1.2 trillion to...

Last year, despite the pandemic, Kazakhstani insurance companies earned 46% more than in 2019. The amount of collected premiums increased, while payments were made less.

As follows from the data posted on the National Bank's website, the total assets of the insurance sector grew by 23% on-year, from 1.2 trillion to...

09.12.2020

Weighted average dollar exchange rate on KASE 421.13 tenge

The weighted average dollar exchange rate on the Kazakhstan stock exchange (KASE) on December 8, 2020 at 17:00 was 421.13 tenge. According to KASE, the minimum exchange rate was formed at the level of 420.42 tenge per us dollar, the maximum 422 tenge, the closing rate 420.45 tenge.

The volume of...

The weighted average dollar exchange rate on the Kazakhstan stock exchange (KASE) on December 8, 2020 at 17:00 was 421.13 tenge. According to KASE, the minimum exchange rate was formed at the level of 420.42 tenge per us dollar, the maximum 422 tenge, the closing rate 420.45 tenge.

The volume of...

07.12.2020

In Kazakhstan, three major insurance companies dominate the market of compulsory civil liability insurance of vehicle owners

The receipt of premiums in the segment of compulsory civil liability insurance for vehicle owners in January–October 2020 amounted to just over 66 billion tenge, 3.2% more than last year. While a year earlier the growth in the sector amounted to 27.5%.

At the same time, payments for the same period...

The receipt of premiums in the segment of compulsory civil liability insurance for vehicle owners in January–October 2020 amounted to just over 66 billion tenge, 3.2% more than last year. While a year earlier the growth in the sector amounted to 27.5%.

At the same time, payments for the same period...

28.02.2019

Five largest insurance companies in Kazakhstan hold 68% of all assets of the sector

By the end of January 2019, the assets of insurance organisations amounted to 1.1 trillion tenge, an increase of 15.6% over the year. A year earlier, the amount of assets increased by 6.9% over the year and amounted to 933.9 billion tenge. The maximum growth in the same period in...

By the end of January 2019, the assets of insurance organisations amounted to 1.1 trillion tenge, an increase of 15.6% over the year. A year earlier, the amount of assets increased by 6.9% over the year and amounted to 933.9 billion tenge. The maximum growth in the same period in...


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