Life insurance and pension savings subdivision Corebridge Financial controlled by AIG completed a successful $1.68 billion IPO....
Life and health insurance today is seen as security of health-related risks with the possibility of a guaranteed return. Indeed, such a policy can significantly help in the formation of large family capital. The Banki.ru website talks about how to pr...
The investment loss of the National Fund as of September 1 amounted to almost 635 billion tenge. LS prepared infographics on how the fund's performance was changing since 2020....
Both, experts and ordinary Kazakhstanis, know that the widely known and widely used indicator of the average wage of the country's population poorly reflects the real picture of citizens' incomes. At the end of the 20th century, economists introduced...
According to the Chairman of the National Bank of Kazakhstan Galymzhan Pirmatov, the regulator remains committed to the principles of free floating of the exchange rate in the currency policy and does not “hold” the ruble exchange rate. In this m...
Futurologists and transhumanists identify various possible ways to prolong human life or even make it infinite. Some set their hopes on genetic engineering, regenerative medicine and nanomedicine, RBC reports....
Financial advisors often offer life insurance services. People insure themselves when they have to, for example, when taking out a mortgage. But choosing insurance should be as careful as choosing an apartment, job or school for children. Agweek is g...
Emkay Global Financial Services, in its latest report, informed on the development of the Indian life insurance market. Thus, investment plans (UL) have grown by 33% over the year....
Life insurance is protection in case of loss of a breadwinner. There are often situations when one of the family members earns most of the family income. And if he passes, the financial situation of the family worsens. To get protected from such a po...
As of April 1, UAPF has completed 1.3 million applications for the use of pension savings to improve housing conditions. More than 3.1 trillion tenge were transferred to the special accounts of Kazakhstanis opened in banks-authorized operators. The a...
Life insurance provides financial support to the beneficiary in the event of untimely decease of the insured person. It is an important financial reason for all responsible parents, both married and single, according to Black Enterprise....
The prices for many financial instruments drop significantly during the crisis, as one group of investors after assessing potential risks or being overcome with panic, sells assets in order to fix their losses or reduce the future probable loss. Anot...
The gross outflow of direct investments of Kazakhstani investors abroad in January-September 2021 amounted to $1.5 billion, which already exceeded the figure for the entire 2020, Ranking.kz reports....
The past year was marked with the recovery in the consumer lending dynamics. The growth rate of the consumer loan portfolio accelerated from 4.3% in 2020 to 40.0% in 2021, according to a Halyk Finance report....
JP Morgan analysts still believe that overall upward tariff trend in P&C sector should remain positive for reinsurers in 2022 providing attractive growth opportunities and outpacing inflation losses, Forinsurer informs....
In response to an official request from LS, the Agency for Regulation of the Financial Market has noted that a bill on control over such organizations is under consideration in the Majilis of the Parliament....
The Freedom Finance Camp project was created with the support of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market with concern for the future. Its main goal is to help the younger generation determine th...
Berenberg analysts believed the declining efficiency trend among reinsurers grew into reversal following a successful run of contract renewals in January 2022, when rates had increased by more than 10% in many cases for natural disaster risks, accord...
The deal implies that the MetLife subsidiary will provide reinsurance for the longevity risk associated with $3.5 billion in pension obligations, according to Forinshurer....
During the terrorist attack on Kazakhstan, all financial organizations in the country had to suspend their work. People in search of profit smashed the offices of banks and insurance companies, tried to rob ATMs. The financial organizations are now t...
