The Economic Commission for Europe has developed the Active Aging Index (AAI) in order to assess what factors prevent the elderly from aging properly and how they can be influenced. In this case, “aging properly” means that with age a pensioner s...
The correspondent of the Kapital.kz business information center has prepared an overview on innovations in the life insurance sector as of 2022, what is happening in this market now and what is expected in the new year....
Insurance premiums are growing, retained earnings of LICs have grown by 35%.Insurance premiums are growing, retained earnings of LICs have grown by 35%....
A law that allows life insurance companies (LICs) to offer customers a highly profitable product, unit-linked or investment insurance, has been in force for several years in Kazakhstan. In Europe, where deposit rates tend to zero, the average share o...
Kassym-Jomart Tokayev signed the law "On the national budget for 2023-2025". The document is coming into force on January 1, 2023. The law establishes the minimum wage, MCI and other calculated indicators....
Demand for the products of life insurance companies (LICs) is growing in Kazakhstan. The Egemen Kazakhstan newspaper writes about it....
Unit Linked gives the opportunity to try yourself in investments in order to get additional income and, in case of failure, fully save your investments, that is, invest money without the risk of losing it. The client’s life is also insured during t...
The international rating agency S&P Global Ratings confirmed Nomad Life's rating at BB+, the rating outlook Stable....
Sales of life insurance policies are declining in the US after a sharp increase during the COVID-19 pandemic, writes InsuranceNewsNet....
Almaty is hosting the 6th National competition “Koshpendiler auyeni – 2022” ("Melodies of nomads") among young performers on national musical instruments and folk songs. The event is traditionally supported by Nomad Life, one of the largest lif...
SESS is an opportunity for any Kazakhstani to save enough money for their child’s vocational and higher education locally or abroad, the press service of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Marke...
The focus of professional market participants at the Financial Congress of Kazakhstan was mainly on development of the banking sector as the largest in the national financial industry. However, one panel session was annually dedicated to the insuranc...
Life insurance is a reliable financial cushion, piggy bank, and additional income. What you end up giving yourself and your family is up to you....
The profit of the largest US life insurer MetLife decreased to $331 million in the third quarter compared to $1.5 billion received in the same period last year. The company's adjusted earnings also fell to $966 million, or $1.22 per share from $1.77 ...
Boris Umanov, Chairman of the Board of IC Eurasia, wrote an article in Forbes.kz about the compulsory insurance of workers against accidents (CAI)....
LICs have increased the collection of premiums and are ready to climb into positive territory by the end of the year...
The usual context of life insurance is, for instance, getting a mortgage, dangerous work or flying abroad. However, few people know that insurance can come in handy in other situations, such as saving up for children’s higher education or addition ...
To the continuing significant lag in the yield on pension savings from the current inflation rate, the financial regulator’s decision to return part of insurance premium that exceeds the minimum cost of retirement annuity agreement from life insura...
The Agency of the Republic of Kazakhstan for regulation and development of the financial market (ARDFM) adopted a resolution on regulation of endowment insurance products....
During difficulties and a slow economic recovery, more and more people are turning to life insurance to protect future income and their dependents, writes Businessday....
