Life Insurance Company Nomad Life JSC, with the support of Society of Actuaries of Kazakhstan NGO and the National Bank of Kazakhstan, announces a competition for the grant for free first basic actuarial course with the subsequent exam. It is not the first year the project organizers keep this tradition contributing to the education of new highly qualified personnel in the field of actuarial science of Kazakhstan, which, as is well known, has long been experiencing an acute shortage of them.

Recently, in the interview with our portal, Oksana Radchenko, the Board Chairman of JSC Halyk-Life, expressed thought that life insurance companies could well become members of SESS, the State Educational Savings System. She also reported that JSC Halyk-Life in cooperation with JSC Nomad Life had initiated negotiations with the National Bank on the possible involvement of life insurance companies in the SES system. We turned to the SESS operator, JSC Financial Center, for comments on the program importance and the potential role of life insurance companies in its development. And this is what Askar Ibraimov, the President of Financial Center, told in an interview with lifeinsurance.kz.

Dinara Akhmetova, the Head of the Department for Settlement of Losses in JSC Nomad Life told about details of insurance payments under the Law “On compulsory insurance of an employee against accidents during the performance of employment duties” (hereinafter - the Law) in an interview to www.lifeinsurance.kz. As practice shows, many injured employees do not know their rights and obligations when an insured event occurs.

Tenge will be 26 years old this year. The specialists of life insurance company Freedom Finance Life tell how Tenge has been becoming cheaper and how to protect their savings from devaluation.

Why do banks increasingly frequent offer life insurance products?

The current generation of 35-year-olds is already 25% poorer than previous generations, enpi.kz writes.

LICs reported on the results of the 1st Q2019

Almost every tenth injured died, according to kursiv.kz.

The total amount of retirement savings by April 1, 2019 has amounted to 9.64 trillion tenge increasing from the year beginning by 262.3 billion tenge, the UAPF press-service informs.

This was announced by the National Bank of Kazakhstan on its official website.

The rehabilitation centers for seniors will be open in Russia, and China is planning to actively develop the elderly care sector. Meanwhile, aging problem is becoming increasingly important for countries around the world, because the increase in life expectancy and number of aging people impose an additional load on the state budget, and also requires special attention and care from able-bodied citizens. Lifeinsurance.kz asked Bota Zhumanova, the founder of the pension thematic platform ENPI.kz, a financial expert, to share her opinion on the possibility of such social projects in Kazakhstan.

Compared to March 1, 2018, the population of the country has increased by 235.7 thousand people, or 1.3%, the INA Kazinform correspondent reports with reference to the Committee on Statistics of the Ministry of National Economy of the Republic of Kazakhstan.

The threat to the personal data of individuals and businesses is another result of the 4th industrial revolution, digitalization, said Inga Beale, ex-CEO of London Lloyd’s, London First. She told about risks for companies in this area at the XV International Conference on Risk Management in Almaty, organized by the insurance company Eurasia on April 11.

Freedom Finance will provide Kazakhstani people with an alternative method of insurance, lsm.kz reports.