As of this year, foreign insurers will be able to open branches in Kazakhstan under the simplified procedure. Maria Khadzhiyeva, the Deputy Chairman of the Agency for Regulation and Development of the Financial Market (ARDFM), shares how foreign comp...
Young people rarely think about life insurance, however, it helps save money for various purposes and protect interests in the event of injury. The younger you are when you conclude an endowment life insurance contract, the lower the premiums will be...
The dollarization of deposits in Kazakhstan has dropped to its lowest level since 2013, LS reports....
According to the National Bank of Kazakhstan, the total volume of insurance premiums in the whole market for the year increased by 8% and amounted to 452.5 billion tenge. In the sector of voluntary personal insurance, the volume of premiums increased...
The life insurance sector has increased the dynamics of premiums in the eleven months of 2020....
During the New Year holidays, many are trying to find an easy way to get rid of the hangover syndrome. The experts of the Indian edition of Times Now have made a list of food and drinks that help in solving the problem, reports Paragraph....
In the US, the regulatory goals of the insurance industry are well developed and can vary significantly depending on social and economic priorities. US companies should consider climate change like any other threat to business, according to NatLawRev...
The current account of balance of payments formed with a deficit and amounted to USD 4.1 billion, compared with a deficit of USD 5.1 billion for 9 months of 2019, the press service of the first tier bank informed....
The average monthly salary of Kazakhstani people in 2021 will exceed 210 thousand tenge. This LS forecast was announced by the Center for Development of Human Resources....
Vladimir Chernikov, General Director of Ingosstrakh-Life, told the Insurance Today website what transformations are in for the life insurance products, the main prerequisites for their changes and main steps along this path....
The worst disaster a family can face is death! Losing the relative (husband, wife, parents, or children) is a terrible emotional loss. In addition to emotional loss, the family also faces huge financial problems if the breadwinner dies, writes Financ...
In January-October 2020, LIC gross premiums increased by 14.4% (year-on-year) reaching 179.4 billion tenge. It is notable that by the end of ten months of 2020, the total premium leader in the LIC market has changed. LIC Nomad Life collected 54,792 m...
LICs increased the dynamics of premiums in the first three quarters of 2020....
Millennials are members of a generation born between 1981 and 1996. With this term, two writers William Strauss and Neil Howe designated those who were supposed to graduate from high school in 2000, writes the Jamaica Observer....
The insurance companies of the CIS countries have been operating in unprecedented conditions adjusting their business models with respect to the difficult economic situation for more than six months. Thanks to unique approaches, the sector is resista...
Seven main economic problems needed to be solved urgently were listed by LS Director of the Institute for Economic Policy and member of the National Council of Public Trust (NCPT), Kairbek Arystanbekov....
The press service of the life insurance company Standard Life reports that the profitability of the structure insurance portfolio for the last year was 10.5%....
The premiums collected in the compulsory accident insurance segment of employees as of January-August this year have amounted to 26.8 billion tenge, which is 2.8% more compared to the same period last year, the website Ranking.kz reports. The segment...
Despite the social distancing measures throughout the country this year, the Kazakhstani insurance sector continues to spur growth, according to the report by the Analytical Center of Financial Institutions’ Association of Kazakhstan....
Whole-life insurance is sometimes called permanent or ordinary life. As long as the policy owner transfers the contributions, the contract is valid regardless of any changes in the person's health, writes Observer-Reporter Daily News Update....
