Insurance and Risk Management

25.09.2024

Kazakhstan creates emergency property insurance fund

A final decision on this issue will be made before the end of the year.

The Government is considering the option of creating an emergency property insurance fund. This was announced by Deputy Prime Minister Kanat Bozumbayev during a briefing following a government meeting.

During a government meeting, Minister of Emergency Situations...

A final decision on this issue will be made before the end of the year.

The Government is considering the option of creating an emergency property insurance fund. This was announced by Deputy Prime Minister Kanat Bozumbayev during a briefing following a government meeting.

During a government meeting, Minister of Emergency Situations...

10.09.2024

Kazakhstan wants to oblige to insure housing against emergencies

Kazakhstan plans to introduce compulsory housing insurance against emergencies. According to Deputy Chairman of the Committee of the Fire Service of the Ministry of Emergency Situations Yerlan Turegeldiyev, a bill on amendments and additions to some legislative acts of Kazakhstan on civil protection issues has been submitted to the Parliament.

"It...

Kazakhstan plans to introduce compulsory housing insurance against emergencies. According to Deputy Chairman of the Committee of the Fire Service of the Ministry of Emergency Situations Yerlan Turegeldiyev, a bill on amendments and additions to some legislative acts of Kazakhstan on civil protection issues has been submitted to the Parliament.

"It...

09.09.2024

Insurance companies in Kazakhstan earn 112.5 billion tenge over seven months

The assets of insurance and reinsurance companies increased by 3.7% to 2.7 trillion tenge by the end of July 2024. Since the beginning of the year, this indicator has increased by 9%, with reference to data from the Agency for Regulation and Development of the Financial Market.

As of August 1,...

The assets of insurance and reinsurance companies increased by 3.7% to 2.7 trillion tenge by the end of July 2024. Since the beginning of the year, this indicator has increased by 9%, with reference to data from the Agency for Regulation and Development of the Financial Market.

As of August 1,...

15.08.2024

Share of life insurance premiums in Kazakhstan in total insurance market reaches 15%

The volume of premiums collected on voluntary personal life insurance in Kazakhstan in January-June of this year reached 113.5 billion tenge, 20.6% more than in the same period of 2023. A year earlier, there was an increase of 11.5%.

The volume of insurance payments for voluntary life insurance for the same...

The volume of premiums collected on voluntary personal life insurance in Kazakhstan in January-June of this year reached 113.5 billion tenge, 20.6% more than in the same period of 2023. A year earlier, there was an increase of 11.5%.

The volume of insurance payments for voluntary life insurance for the same...

30.07.2024

Insurance companies in Kazakhstan earn 37.3 billion tenge in June

According to the results of June 2024, the assets of insurance (reinsurance) organisations increased by 2.8% to 2.6 trillion tenge, mainly as a result of the growth of the securities portfolio. In the first half of this year, the growth amounted to 5.2%, the press service of the Agency for...

According to the results of June 2024, the assets of insurance (reinsurance) organisations increased by 2.8% to 2.6 trillion tenge, mainly as a result of the growth of the securities portfolio. In the first half of this year, the growth amounted to 5.2%, the press service of the Agency for...


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