There was a live broadcast dedicated to life and retirement insurance on the Fingramota.kz website page on Instagram. Ramay Kurbangaliyev, Sales and Regional Development Department Director of Nomad Life, spoke about the specifics of annuity insuranc...
When we meet old traveling retirees being on holiday abroad, we are overwhelmed by a feeling of annoyance and injustice. If you convert their pensions into tenge, you get unprecedented amounts of payments by our standards. Let us understand, why such...
A new strain of coronavirus Delta is becoming dominant in many countries worldwide. Against this background, corporate clients of insurance companies have begun to show an increasing interest in voluntary health insurance (VHI). Thus, LIC premiums in...
Maintaining a habitual lifestyle and level of well-being in retirement becomes almost completely an independent task for each person. Even if you are still far from retirement, it is better to start planning your financial sources in the retirement p...
Investment life insurance Unit-Linked became available for Kazakhstani people last year. A potentially high return on investment makes this product. The chief of the investment life insurance department at Nomad Life told LIFE INSURANCE about investm...
Against the background of instability in international capital markets and closure of another domestic second-tier bank, life insurers manage to earn stable and high income for their clients. Thus, in the first five months of this year, LICs have pai...
The S&P Global Ratings report “Assessment of Industry and Country Risks of the Life Insurance Sector: Republic of Kazakhstan” notes that the growth of insurance premiums in the industry amounted to 1.1 times over four months of 2021. The represen...
Unit-linked is the name of life insurance investment programs popular overseas. LIC Nomad Life refutes the misconceptions about investment life insurance on the example of its own product ZOLOTO NOMADOV Invest....
The coronavirus pandemic affected the entire financial market, and insurance could not stand aside, even policyholders’ behavior changed. Nevertheless, all insurance companies got through this difficult period with dignity....
The total amount of pension assets as of May 1, 2021 amounted to 12.6 trillion tenge. The pension assets of the UAPF being in the trust management by the National Bank, are 12,593.67 billion tenge. The pension assets of the UAPF, transferred by inves...
According to the WHO and Ministry of Health of the Republic of Kazakhstan, the specialists of life insurance company Freedom Finance Life have compiled a rating of diseases from which people die most often worldwide. The insurers have also found out ...
The number of clients of the IC Rosgosstrakh Life who signed endowment life insurance contracts for their children increased by almost 31.8% in 2020, according to the company's press service....
The life insurance company Nomad Life announced the launch of another campaign among the ZOLOTO NOMADOV and ZOLOTO NOMADOV Invest policy owners. This time the insurance company’s clients will be able to win the Toyota Camry 75. Following the previo...
Insurance is usually a voluntary service, that is, a person, as a potential policyholder, decides on whether to conclude or not to conclude an insurance agreement, and also coordinates its terms with the insurance company. NDTV.com numbers the reason...
Voluntary Pension Contribution (VPC) is money contributed to the UAPF by depositors on their own initiative. The contributions can be made by both individuals in their favor, and individuals and legal entities in favor of a third party. The amount an...
As of May 1 the average pension in Kazakhstan is 100 thousand tenge, LS informs. According to the Ministry of Labor and Social Protection of the Population, this figure also includes the basic pension payment....
In order to calculate the insurance premium, the insurer needs to assess the level of risk as accurately as possible, i.e. the probability of event insured. Based on the analysis results, an underwriting guide is made, with reference to which potenti...
Investment life insurance or unit linked, is a hybrid of insurance and banking product that makes it possible to generate potentially high returns with guaranteed protection against unforeseen circumstances. Let’s find out what investment life insu...
Endowment life insurance is gaining popularity in the insurance market. Kazakhstani people will be able to not only insure their lives but also earn with its help....
Life insurance companies will have a new financial instrument. The Agency of the Republic of Kazakhstan for the Regulation and Development of the Financial Market informed about the participation of life insurance companies in the state educational a...
