The users of financial information were surprised by the change in the format of statistics on the insurance market at the end of February 2023. The amendments affected the life insurance market, in particular. The statistics shrank to six areas inst...
According to the results of the annual inspection, 386.3 thousand people worked on enterprises in conditions that do not meet sanitary and hygienic requirements last year (2021 - 375.0 thousand people), or 23.1% of the total number of employees of th...
Cancer is one of the most common diseases in the world. According to WHO, cancer is the cause of almost one in six deaths in the world. Most common types of cancer are breast, lung, colon and rectal and prostate cancer, writes Finprom.kz...
Consumer price index for the month was 0.9%, down 0.4 percentage points from the previous month. Thus, in March 2023, food prices grew by 1.1%, non-food products, paid services - by 0.8% each, the press service of the statistical department reports....
Sun Life has completed the sale of Sun Life UK to the Phoenix Group, which is the UK's largest long-term savings and pensions business with over 12 million customers and £260bn of assets under management....
The total gross premiums of LICs including unit-linked sales grew by 44.9% to 69 billion tenge in February 2023 in annual terms, while in January the increase in premiums was much stronger: the dynamics was 149.4% in annual terms. LIC Nomad Life cont...
Kazakhstan returned to the "pre-pandemic" mortality rate. According to operational data, 134.7 thousand people died in the country in 2022, a quarter less than in the same period in 2021. The crude death rate in 2022 (6.77) dropped even below the pre...
Inflation is a steady increase in the general level of prices for goods and services. Some goods can quickly and significantly rise in price, others – get cheaper, and thirds - do not change in price at all....
According to statisticstimes.com, there are 3.97 billion men, which is 50.42% of the total population. The number of women in the world is estimated at 3.9 billion, which is respectively 49.58% of the population. Thus, there are 65.5 million more men...
The total gross premiums of LICs including unit-linked sales increased by 149.4% to 33 billion tenge in annual terms in January 2023 against a decrease by 25.1% in January 2022. LIC Nomad Life is still the only company offering the Unit-linked invest...
According to the report by the International Labor Organization "Global Wage Report as of 2022-2023", the average annual growth in actual monthly wages from 2006 to 2019 (change in purchasing power adjusted for inflation) in the world was 2% ranging ...
The population as of January 1, 2023 amounted to 19,765,004 people, of which 12,208,259 are urban residents, 7,556,745 people are rural residents, the press service of the Bureau of National Statistics of the Agency for Strategic Planning and Reforms...
According to the Committee for Labor and Social Protection of the Ministry of Labor and Social Protection of Population of the Republic of Kazakhstan, in 2022, 1,465 workers were injured as a result of accidents at work, 203 of them died. However, as...
Insurance professionals have told RBC that they have products in the currency of friendly powers, for example, the Chinese yuan. The experts note that the yuan is an alternative to the dollar and the euro in both insurance and investment....
At the end of 2022, the dynamics of collected premiums slowed down...
LIC Nomad Life received a license with two additional classes of insurance: life insurance with participation in the state educational savings system (hereinafter referred to as SESS) and compulsory travel insurance (CTI)....
The Kazakhstani insurance companies have made profit of 818 billion tenge for 11 months of 2022, which is 14.2% more than in January-November 2021, reports Finprom.kz....
Legislative innovations were introduced last year, thanks to which several relevant products appeared on the market. However, the rate of development of the life insurance market was lower than in 2021, as there was a significant decrease in premiums...
Covid-19 revived the life insurance industry in the UAE...
