As of January 1, 2019, six life insurance companies have been worked in Kazakhstan; now there are nine organizations on the market. Several industrial and financial groups created LICs....
Kommesk-Umir registered a subsidiary JSC LIC Centras Kommesk Life in Justice Department in December 2019. The license is expected in the near future....
LICs showed an increase in premiums and net profit at 2019 year-end and changed the structure of premiums as well....
The insurance market representatives met with management of the Agency for the Financial Market Regulation and Development in Almaty. The regulator shared a detailed plan for insurance development in the Republic of Kazakhstan, the press service of I...
The network publication LIFE INSURANCE, Information and Analytical Website on Life Insurance, reminded about the main events and trends of 2019. Therefore, the editorial office talked with top managers of the two largest LICs in the country. In addit...
As of the beginning of 2019, 29 insurers have worked in the market, including 6 life insurers. According to the National Bank statistic data, by November 1 there have been 27 of them, but the number of life insurance companies has grown to 7....
The National Bank of the Republic of Kazakhstan gave authorization to Kommesk-Omir Insurance Company to create a subsidiary JSC LIC Centras Kommesk Life. This was reported by the correspondent of the Kapital.kz business information center....
Top managers of insurance companies told hourly publication Paddock.pro about what the market should expect in the near future....
Each parent thinks about the future of his child every day, what awaits him ahead. Some of parents are already planning to give their children excellent education, the second are dreaming of financial support in case of marriage, as the desired day i...
In October 2019, the total gross premiums of LICs increased by 52.6% or by 54.1 billion tenge compared to the results of the same period in 2018, reaching 156.8 billion tenge....
According to the National Bank, the total assets of life insurance companies amounted to 396.9 billion tenge as of beginning of October 2019. The assets were significantly lower, 314.1 billion tenge in the same period of 2018, Kursiv reports....
According to the UAPF calculations, if a person deducts 10% of wages for 40 years, then in a conservative scenario (when investment income only slightly exceeds inflation), he will receive a pension wage replacement of only 30%. People worldwide beli...
Building an effective retirement plan depends on a client’s and his company strategy, financial instruments, terms of savings and risks, writes Forbes.com....
Life insurance shows a high degree of responsibility to your family. For example, the death of one of spouses very often means an inevitable decrease in the quality of life for the remaining family members. Correctly selected life insurance product c...
The financial crime management has become one of the main tasks for life insurance companies, writes International Adviser. The Boston Consulting Group and Limra interviewed 508 senior executives at LICs in sixty-two different markets....
The analytical website Ranking.kz prepared a review on attraction of deposits in life insurance companies and banks....
Buying a life insurance policy over the Internet is a popular solution for many people, but is it profitable? This question was raised by Business Live....
A person begins to seriously think about retirement in his 40s. The experts came to this conclusion in The Economic Times article. According to the author of the material “Will you have enough money when you retire? Your 40s is the time to ask this...
