Life insurance has always been based on data analysis. Accident statistics and the insured's personal information group people into different risk categories and create payout funds. Digitization of the industry and Big Data help computerize many man...
Experts anticipate that the consequences of the coronavirus pandemic and the emergence of new strains can literally lead to the collapse of the global economy....
In January-November 2021, life insurance premiums amounted to 345.7 billion tenge, including unit-linked....
The last year has shown that despite the government support of many countries, people more often rely on their own resources and savings. The Financial Express article is giving recommendations on capital accumulation....
According to the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market (ARDFM), the assets of the insurance market have grown by 76% over the past three years and amounted to 1.7 trillion tenge or 2.3% of GDP by ...
The Agency of the Republic of Kazakhstan for the Regulation and Development of the Financial Market (ARDFM) developed the rules for endowment investment life insurance Unit-Linked almost two years ago. The product combines all the positive properties...
The Covid pandemic has drawn attention of many families to financial security. Interest in life insurance skyrocketed in 2021 as people looked for ways to ensure financial stability during challenging times. Term life insurance always popular for its...
The Listvyazhnaya mine employees, where the accident took place, as well as rescuers who eliminated the consequences of fumigation, could count on insurance payments under the law on compulsory liability insurance for the operation of hazardous facil...
In January-October 2021, the life insurance premiums exceeded 305 billion tenge....
Digitalization and fintech are now undoubtedly the areas that largely determine the financial market’s further development, including insurance. The impact of IT technologies on insurers was discussed at the IX Congress of Kazakhstani financiers....
Kursiv Research compiled a ranking of life insurance companies (LIC) for 2020. It turned out the life insurance industry has been growing faster than general insurance in the pandemic year....
In January-September 2021, almost all segments of the life insurance market showed a double-digit increase in premiums...
Deputy Chairman of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market (ARDFM) Mariya Khadzhiyeva told the Kapital.kz Business Information Center about the changes in the work of insurance companies....
The government has not shown interest in reforms in the life insurance market for a long time. The situation changed several years ago: the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizat...
The experts of the life insurance company Freedom Finance Life have found out how the number of retirees and size of pension payments in the country have changed over the past 20 years....
The older generation of millennials, born between 1980 and 1990 are now aged 30 and 40 years. This age group has been historically a great market for life insurance. The reason is simple: life insurance is suitable for any adult who has mortgaged rea...
Americans are overconfident and not saving enough for retirement, according to a recent USAA poll of more than 2,000 respondents. For example, less than half (46%) of Americans have term life insurance, Fox Business reports....
According to the UN forecasts, Kazakhstan's population will be growing old over the next several decades and reaching about 24 million people by 2050. It has exceeded 19 million for the current year, according to RANKING.KZ....
As of early September 2021, life insurance premiums exceeded 110 billion tenge....
Life insurance is a financial security of the insured person, his family members in unforeseen situations. There are various programs that protect against different risks presented on the insurance market....
