S&P Global Ratings has affirmed the long-term credit rating of the financial stability of life insurance company Freedom Finance Life at 'B' on the international scale and 'kzBBB-' - on the national scale, the organization's press service reports....
The investment company HALYK FINANCE prepared a report on the national banking sector development....
The press service of LIC Eurasia announced an increase in the charter capital by 1.4 billion tenge....
AM Best Agency affirmed the financial strength rating at 'B+' and the long-term issuer credit rating at 'bbb-' for Halyk-Life JSC. The rating outlook is “positive”, the organization's press service reports....
In February, the consumer inflation rates have continued to accelerate for the second month in a row, both in monthly (+0.8%) and in annual terms (+8.7%), however, they are still below the last fall peak (+8.9% y/y), Halyk Finance reports....
SB Alfa-Bank JSC was the first Kazakhstani bank to implement the opportunity to issue currency life insurance programs NOMAD GOLD Invest (Unit linked), NOMAD GOLD and Capital in a mobile application for individuals from the leading life insurance com...
The Monetary Policy Committee of the National Bank of Kazakhstan decided to keep the base rate at the level of 13.50% per annum with an interest corridor of +/- 1.00 percentage points. The rate on standing access operations to provide liquidity will ...
The Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market gave its consent to Freedom Finance JSC to acquire the status of insurance holding JSC “Life Insurance Company Freedom Finance Life” and ...
LIC Halyk-Life has expanded the mobile application with a new important option: insurance claim submission, the insurer’s press service reports....
The life insurance company Freedom Finance Life will make annuity payouts to children of the dead workers and employees of law enforcement agencies during the riots and terrorist actions that occurred in Kazakhstan in early January 2022....
The situation in the banking sector is stable. This statement was made by the head of the Agency of the Republic of Kazakhstan for regulation and development of the financial market (ARDFM) Madina Abylkassymova at a government meeting....
The life insurance company Nomad Life made decision to allocate by two million tenge to the families of policemen and military personnel who died during the terrorist attack on Kazakhstan....
Freedom Finance Life has launched a new product, travel insurance by subscription with protection from the coronavirus “Freedom Travel + Corona”, the press service of the organization reports....
According to forecast by S&P Global Ratings, the company will retain its market share and position as one of the leading life insurance companies and demonstrate strong profit margins over the next 12-18 months. The company maintains a significant li...
The life insurance market is showing growth for all key indicators, particularly, in premiums, which have increased by 74.2% compared to the same period last year, according to the report by the Financial Institutions’ Association of Kazakhstan (FI...
The insurance market is showing growth for all key indicators, with the exception of payments, which have decreased by 35.2% compared to the half-year of 2020, according to the latest report by the Financial Institutions’ Association of Kazakhstan ...
The employees of life insurance company Freedom Finance Life have conducted a survey among Kazakhstanis aged 30 to 65 to find out which insurance products they are interested in, how much they are willing to pay for insurance and for how long they pr...
The volume of insurance premiums of LIC Halyk Life in 6 months of 2021 amounted to 59.4 billion tenge forming the market share of 33%....
The representatives of the Department of Consumer Rights Protection of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market spoke endowment life insurance....
Halyk-Life offered the market a life insurance program “Life-Persona”. The company’s customers will now be able to independently buy a policy on the organization's website in a few minutes....
