The analysis conducted by the Organization for Economic Co-operation and Development (OECD) has shown that premiums of life insurance companies will decrease but payouts increase this year, Reinsurance News writes.

The economic crisis caused by the coronavirus pandemic will lead to profound changes in the global economy, said Christine Lagarde, the European Central Bank (ECB) Chairman, Kommersant reports.

Being widely publicized as a means to a stable income, IPO does not meet its criteria. The Bloomberg terminal statistic data showed that almost half of companies first listed on the stock exchange went in arrears the first year.

The Prosecutor General’s Office of the Russian Federation conducted an audit in connection with the information received about a possible violation of the law when insuring during the spread of the coronavirus infection, the press service of the department reports.

The first insurance payout in Kazakhstan in the amount of 500,000 tenge was made by the Eurasia insurance company to an ambulance doctor who became infected with COVID-2019 coronavirus infection, the company's press service informed.

Depression, fatigue, lowered immunity: all these problems can be solved with help of nettle. In his interview with Radio Sputnik, the doctor of medical sciences, director of the Samara Research Institute of Dietetics and Dietary Therapy Mikhail Ginsburg spoke about the benefits of this burning weed plant.

Insurance technologies are evolving; it is not a conservative industry now with complex and confusing products, which you cannot manage without an insurance consultant and whole bunch of documents, Informburo.kz writes.

Unit-Linked combines the classic endowment and investment component, the business information center Kapital.kz reports.

Life insurance companies are often accused of the high cost of services. This criticism is not fair, says Wade Pfau, director of the US Retirement Income Center, in his article for Forbes Magazine.

According to experts, the growth of the life insurance industry in short term is likely to be constrained by weak economic indices, but in the medium and long term, LICs will return to their previous levels, writes The Financial Express.

In terms of currencies, the share of tenge in the structure of the UAPF investment portfolio amounted to 66.3%, while a year earlier the indicator reached 68%. The share of US dollars this year increased to 32.4% (a year earlier - 31.7%), writes RANKING.KZ.

The new coronavirus pandemic and associated economic crisis will most noticeably affect credit life insurance, car insurance, and travel insurance, Prime informs.

The purpose of life insurance is to protect your loved ones from financial threats. It is the beneficiaries who receive the money upon the occurrence of an insured event. If you do not have children, probably no one depends on your financial situation, writes Business Insider.

S&P Global Ratings rating agency conducted a webinar “The Impact of the Current Situation on the Ratings of Insurance Companies in the CIS Countries”.