Insurance and Risk Management

07.09.2021

Assets of insurance companies in Kazakhstan reach 1.6 trillion tenge

As of August 1, the total assets of insurance and reinsurance organisations in Kazakhstan amounted to 1.6 trillion tenge. In July, the indicator increased by 0.5%. The increase was mainly due to an increase in the volume of securities available for sale, citing the press service of the Agency for...

As of August 1, the total assets of insurance and reinsurance organisations in Kazakhstan amounted to 1.6 trillion tenge. In July, the indicator increased by 0.5%. The increase was mainly due to an increase in the volume of securities available for sale, citing the press service of the Agency for...

03.08.2021

Insurance companies of Kazakhstan increase their profits by 9.3% in 1H

According to the financial supervision, for the first half of this year, insurance companies of Kazakhstan increased their profits by 9.3%, while the ratio of payments to premiums decreased from 35 to 15%.

Last year's spring lockdown did not lead to a severe drawdown in the insurance business. Accordingly, this year...

According to the financial supervision, for the first half of this year, insurance companies of Kazakhstan increased their profits by 9.3%, while the ratio of payments to premiums decreased from 35 to 15%.

Last year's spring lockdown did not lead to a severe drawdown in the insurance business. Accordingly, this year...

02.08.2021

Kazakhstan notes increase in interest in life insurance

Most of Kazakhstanis conclude insurance contracts with a minimum premium of up to $1,000. This was reported by specialists from Freedom Finance Life.

Kazakhstanis from 30 to 65 years old took part in the survey conducted by the company. According to the results, 37% of respondents who concluded life insurance contracts...

Most of Kazakhstanis conclude insurance contracts with a minimum premium of up to $1,000. This was reported by specialists from Freedom Finance Life.

Kazakhstanis from 30 to 65 years old took part in the survey conducted by the company. According to the results, 37% of respondents who concluded life insurance contracts...

14.07.2021

Eurasia Insurance Company pays more than 6 million tenge for fatal road accident

Eurasia IC paid more than 6 million tenge to children who lost their mother in a fatal road accident on the Barbastau Inder highway.

The incident took place on January 17, 2021. The perpetrator of the accident on the Audi 100 made an exit into the oncoming lane and made a...

Eurasia IC paid more than 6 million tenge to children who lost their mother in a fatal road accident on the Barbastau Inder highway.

The incident took place on January 17, 2021. The perpetrator of the accident on the Audi 100 made an exit into the oncoming lane and made a...

07.07.2021

Life insurance in Kazakhstan continues to grow at outstripping pace

As part of our rating process, we assign the so-called IICRA (Industry and Country Risk Assessment) to the insurance sector of a country. We consider these risks moderately high for Kazakhstan today, just like, for example, for Russia, Poland and South Africa. We believe that the insurance sector of Kazakhstan...

As part of our rating process, we assign the so-called IICRA (Industry and Country Risk Assessment) to the insurance sector of a country. We consider these risks moderately high for Kazakhstan today, just like, for example, for Russia, Poland and South Africa. We believe that the insurance sector of Kazakhstan...


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