Over the next three years the average annual growth rate of Indian life insurance will exceed 10% resulting in more than $150 billion in premium income. According to experts, the industry is experiencing significant post-pandemic growth supported by ...
According to results of the “Living Standards” survey, conducted annually by the Office of National Statistics of the Agency for Strategic Planning and Reforming of the Republic of Kazakhstan, in the field of food security, the share of responden...
According to the statistics of the Agency of the Republic of Kazakhstan for regulation and development of the financial market, the volume of insurance benefits as of January-May this year amounts to 67 billion tenge, which is 40.8% more than in the ...
The ecosystem of digital financial services and platforms in Kazakhstan is developing on the basis of second-tier banks. They have independently implemented and develop Open API technologies. Now the National Bank of Kazakhstan has decided to regulat...
According to the survey of living standards, annually conducted in March, the share of respondents completely satisfied with their financial situation has been declining for the second year in a row: in 2022 it is only 32.1%, against a significantly ...
The pension system of Kazakhstan is rationally arranged: the UAPF accumulates money received as contributions from employers of current employees, future pensioners and individual entrepreneurs on individual pension accounts. The National Bank and ca...
The reduction in bank deposits in Kazakhstan over the month amounted to 558.4 billion tenge, or 2.2%, to only 24.4 trillion tenge by June 1 this year, Ranking.kz reports....
The President signed the amendments to the laws regulating the insurance market approved by the Majilis and Senate. The document introduces new products and restrictions for insurers. The powers and responsibilities of insurance ombudsman are also si...
Adults are primarily at risk. Men account for 76% of all suicides committed by people aged 18-75 and older, according to Ranking.kz....
The Chairman of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market (ARDFM) Madina Abylkassymova held a meeting with the participation of CEOs of insurance organizations, the representatives of National Ban...
The Kazakhstani life insurance market is constantly developing. Insurers create new products, negotiate sales with banks, and sell insurance online. All this, however, would be impossible without the legal framework. We will tell about one of the lat...
The volume of funeral services and related activities in the first quarter of this year amounts to over 1.8 billion tenge, which is 2.3 times more in monetary terms compared to the same period last year....
IPO of Air Astana and Qazaq Air were postponed in Kazakhstan. The reasons for this decision were explained by Almasadam Satkaliyev, the Board Chairman of the national fund Samruk-Kazyna, LS reports....
Life insurers warned about scammers in their social media accounts and website press releases....
The Supreme Court of the Russian Federation stood up for a resident of Pyatigorsk, from whom the bank recovered over 400 thousand rubles on her deceased father’s loan, although the man had life and health insurance, ASN reports....
Inflationary pressures, climate threats and geopolitical uncertainty are creating a tough environment for the global insurance and reinsurance industry that is likely to continue into 2023. This conclusion is contained in a new report by Goldman Sach...
The life insurance company Halyk-Life summed up the results of the national contest among journalists for the best material on life insurance in the Republic of Kazakhstan, the organization’s press service reports....
The portfolio of retail deposits shrank by 280.5 billion tenge in April, Ranking.kz reports. The decline is being observed for the second month in a row. As a result, as of May 1 of this year, the volume of retail deposits in second-tier banks of the...
