Insurance and Risk Management

22.09.2023

Kazakhstan may introduce compulsory insurance against catastrophes

Kazakhstan is working out a mechanism of compulsory insurance against catastrophic risks. This was reported by the deputy chairman of the ARDFM Maria Khadzhieva.

Now ARDFM together with state bodies is working out the corresponding mechanism. The list of risks will be determined on the basis of forecasting the highest probability...

Kazakhstan is working out a mechanism of compulsory insurance against catastrophic risks. This was reported by the deputy chairman of the ARDFM Maria Khadzhieva.

Now ARDFM together with state bodies is working out the corresponding mechanism. The list of risks will be determined on the basis of forecasting the highest probability...

08.09.2023

Kazakhstani insurers double their assets and premiums over four years

Kazakhstan's insurance companies have managed to double their assets over the past four years, said the head of the Agency for Regulation and Development of Financial Market (ARDFM) Madina Abylkasymova.

The current total assets of insurers amounted to KZT2.4trln. Growth was achieved mainly by increasing insurance premiums and investments in securities....

Kazakhstan's insurance companies have managed to double their assets over the past four years, said the head of the Agency for Regulation and Development of Financial Market (ARDFM) Madina Abylkasymova.

The current total assets of insurers amounted to KZT2.4trln. Growth was achieved mainly by increasing insurance premiums and investments in securities....

14.08.2023

Kazakhstan insurance market shows noticeable growth in H1 2023

The review of Kazakhstan general insurance market for the first half of this year was presented in the Association of Financiers of Kazakhstan (AFK).

Against the background of stabilisation of external and internal macroeconomic conditions, the market of general insurance in the first half of 2023 showed a noticeable growth in...

The review of Kazakhstan general insurance market for the first half of this year was presented in the Association of Financiers of Kazakhstan (AFK).

Against the background of stabilisation of external and internal macroeconomic conditions, the market of general insurance in the first half of 2023 showed a noticeable growth in...

02.08.2023

Insurance market of Kazakhstan sets course for digitalisation

The insurance market has been actively developing in recent years. This has been influenced by the growth of digitalisation of the insurance sector, as well as the emergence of new insurance risks.

Azamat Kerimbaev, Chairman of the Board of Freedom Insurance, commented on the current situation in the insurance market of...

The insurance market has been actively developing in recent years. This has been influenced by the growth of digitalisation of the insurance sector, as well as the emergence of new insurance risks.

Azamat Kerimbaev, Chairman of the Board of Freedom Insurance, commented on the current situation in the insurance market of...

31.07.2023

Quarter of all voluntary personal insurance payouts in Kazakhstan fall on life insurance

The volume of payments on voluntary personal life insurance for January-May 2023 reached 7.2 billion tenge or 1.5 times more compared to January-May 2022. It should be noted: a year earlier, the volume of payments in this segment showed an almost 3-fold growth.

The share of life insurance payments in the...

The volume of payments on voluntary personal life insurance for January-May 2023 reached 7.2 billion tenge or 1.5 times more compared to January-May 2022. It should be noted: a year earlier, the volume of payments in this segment showed an almost 3-fold growth.

The share of life insurance payments in the...


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