It is worth noting that the extensive increase in costs in recent years has not allowed the domestic healthcare system to achieve a high level of medical care. According to the Ministry of Health of the Republic of Kazakhstan, the level of population...
According to the analysis of endowment portfolio of IC Rosgosstrakh Life over the previous two years, the company’s client base is getting younger. Coverage programs are becoming increasingly popular among people under 40 years of age. Notably, men...
As it is known, the investing of pension assets is carried out by the National Bank of the Republic of Kazakhstan, and from 2021 – by investment portfolio managers (IPM). The main goal of such trust management of pension savings is investing in var...
Pension savings of Kazakhstanis in the Almaty region have increased by more than 2.5 times. However, at the level of other regions, this volume is one of the lowest, LS reports....
In February 2024, the first payments began to be received into target savings accounts (TSA) in the UAPF for Kazakhstanis who had reached the age of 18, as part of the “National Fund for Children” program. According to the program, 50% of investm...
It was proposed to revise pension contributions of Kazakhstani entrepreneurs who do not have employees, LS reports....
Children are the most precious thing we have, and their safety always comes first. With their incessant energy, there is always a risk of injury or accident. The question of insuring children usually occurs when traveling abroad, when insurance is a ...
Unit-linked (UL) or investment life insurance is similar to endowment life insurance due to interest accrual but is usually purchased for income purposes only, though for various reasons they may not exist. Insurance company manages your funds by, fo...
Life insurance is approximately the same in all countries and usually implies a regular, long-term relationship between insurance company and policyholder. Life insurance is firstly aimed at two universal risks: survival to a certain age or death of ...
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 appr...
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....
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...
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, i...
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...
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....
According to the Law of the Republic of Kazakhstan “On compulsory insurance of employees against accidents during the performance of their labor (official) duties,” each employer is obliged to conclude an insurance agreement for its employees, th...
While there is no single type of life insurance that is technically called a family life insurance policy, a wide range of insurance options that might benefit you and your family is available....
The number of people who know exactly what they want to get tomorrow is growing every year in our country. They set goals and calculate how much money and time it will take. Given the volatility of the tenge exchange rate, some Kazakhstanis prefer to...
The UAPF accrued the first purpose requirements (for children under the age of 18) and the first target savings have been transferred to target savings accounts (for children who will turn 18 in 2024) under the “National Foundation for Children” ...
To help depositors, the UAPF is launching a new tool for future pension planning, a personal pension savings plan....
