bs-preloader__icon
ru kz en

The most interesting materials of the site you have in the mail! Subscribe to the newsletter.

ASK A QUESTION TO THE EXPERT
ASK A QUESTION TO THE EXPERT
News
S&P Global Ratings upgraded the rating of LIC Nomad Life
Fraudsters offer compensation from the National Foundation
How consumer rights for financial services are protected in the Republic of Kazakhstan
Expert opinion
How compulsory employee insurance works in the Republic of Kazakhstan and worldwide
The first policy of long-term care for serious illnesses appears in Russia
How does the employer's mandatory pension contribution system work?
Five perks of purchasing an investment insurance policy are named
The blood of centenarians is different from the blood of ordinary people
News
How much do gifts for March 8 cost in 2024?

The analysts of LIC Freedom Life found out how much it would cost Kazakhstanis to celebrate International Women’s Day in 2024 during the study.

S&P Global Ratings upgraded the rating of LIC Nomad Life

S&P Global Ratings upgraded Nomad Life’s national scale rating from “kzAA” to “kzAA+”. The long-term credit rating of the issuer and the financial strength rating of the insurance company was confirmed at the level of “BB+”. The outlook for the financial stability rating was raised from Stable to Positive.

LICs showed high dynamics of fees in January 2024

The total gross premiums of LICs in annual terms in January 2024 increased by 158.4%, including unit-linked sales, covering the growth of 149.4% in January 2023. The fees amounted to 52.3 billion tenge in absolute terms.

Fraudsters offer compensation from the National Foundation

Fake information about compensation payment to Kazakhstanis from the National Fund has been spreading on social networks and instant messengers recently. According to this information, any Kazakhstani resident can get compensation.

When US insurers may refuse the claim

The importance of life insurance increases with age for most people. However, not everyone is aware that there are certain exceptions that may prevent your beneficiaries from claiming payments. The article in Yahoo Finance explains in what cases insurers may refuse to pay.

How consumer rights for financial services are protected in the Republic of Kazakhstan

The Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market (ARDFM), the Financial Institutions’ Association of Kazakhstan and 18 banks signed a Memorandum of Mutual Cooperation regarding the protection of rights and interests of citizens last July. The purpose of the document is to protect the rights and interests of Kazakhstanis.

How compulsory employee insurance works in the Republic of Kazakhstan and worldwide

According to the International Labor Organization (ILO), about 374 million injuries and 2.78 million deaths are reported annually worldwide. This results in a loss of 4% of global GDP. The total value of compensation for work-related injuries is approximately $167 billion.

The first policy of long-term care for serious illnesses appears in Russia

The insurance company Capital Life Insurance is the first on the Russian market to launch a voluntary health insurance program Standard of Care, which provides professional long-term care at home and in hospitals.

Reaching the international standard

The national periodical Kazakhstanskaya Pravda published an interview with the chairman of the boards of directors of the insurance companies Nomad Insurance and Nomad Life Almas Mynbayev.

How does the employer's mandatory pension contribution system work?

Starting from January 1, 2024, the savings system of Kazakhstan has been supplemented with a new component. These are employer’s mandatory pension contributions (MPC). Now, in addition to the mandatory 10 percent contributions from the employee’s income, every employer is obliged to transfer extra contributions from their own funds to the UAPF, in favor of their employees, the fund’s press service reports.

Five perks of purchasing an investment insurance policy are named

Investment life insurance (ILI) is a safe investment. The product is suitable for those who want to try investing but are afraid of losing money. ILI gives you the opportunity to try your hand at investing in order to receive additional income and, in case of failure, to retain your investments in full; that is, invest money without the risk of losing it. Also, during the term of the contract, the client’s life is insured.

The blood of centenarians is different from the blood of ordinary people

Centenarians have long attracted attention of scientists, as their study helps to understand how to live longer and stay healthy throughout life. However, previous studies were limited by small numbers of participants and did not consider different groups of centenarians, such as people living in nursing homes, Inc. magazine writes.

The UAPF spoke about first results of the National Fund for Children program

On February 1, the first money from the National Fund of the Republic of Kazakhstan were transferred to the UAPF of all children - citizens of Kazakhstan. 6,919,131 children became participants of the program. Each of them received the same amount of 100 dollars and 52 US cents, the press service of the UAPF reported.

AI was taught to calculate person’s date of death. How will this affect insurance?

The researchers from the University of Copenhagen and Northeastern University in Boston are refining a neural network, a GPT-based model that can predict a person's date of death and other important events in people's lives with up to 80% accuracy.

Favorites
Expert opinion

The most interesting materials of the site you have in the mail! Subscribe to the newsletter.

ASK A QUESTION TO THE EXPERT
ASK A QUESTION TO THE EXPERT
Submit your application