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....
LICs have increased the dynamics of premiums for eight months of 2020....
Since the job of life insurance agents is to sell policies, they may not tell customers about all the product details, writes MSN....
The next year promises to be eventful for the insurance market. It is planned to update the legislation: the amendments have been becoming imminent for two years....
Every year Kazakhstani life insurance companies (LICs) add interest to the investors’ savings accounts. Most of these programs are calculated in dollars, and the return reaches 4% per annum. Let us find out how insurers provide high income and 100%...
Due to the coronavirus pandemic around the world, life insurance companies (LICs) have significantly increased payments. Health systems fail to cope with the inflow of cases, and insurers are always on guard for the interests of their clients. We wil...
The corporate income tax of the country's insurance companies for the 1st HY 2020 amounted to 5.4 billion tenge. Net profit after paying fees to the budget increased immediately by 80% up to 65.3 billion tenge, Ranking.kz writes....
