In May 2019, gross premiums of LICs have risen in annual terms by 33.6%, from 53.2 billion tenge to 71 billion tenge. Almost all companies showed positive premium dynamics....
Over the five months of 2019, insurance premiums have increased by almost 24% and amounted to 208.7 billion tenge, according to Ranking.kz. The amount of insurance premiums amounted to 208.7 billion tenge; an increase compared to last year was 23.7%....
A favorable price for oil and strong Ruble have become key to success of the national currency, reports Kursiv.kz....
The sole shareholder of JSC LIC State Annuity Company made the decision to pay dividends as of 2018. In difficult market conditions, a life insurance company with a state participation has been demonstrating a positive financial result for several ye...
With the opening of Astana International Financial Center (AIFC) Exchange in Kazakhstan, life insurance companies in Kazakhstan have hope for efficient cooperation with this structure. AIFC is the opportunity of entering international financial inves...
Life Insurance Company Nomad Life JSC, with the support of Society of Actuaries of Kazakhstan NGO and the National Bank of Kazakhstan, announces a competition for the grant for free first basic actuarial course with the subsequent exam. It is not the...
Tenge will be 26 years old this year. The specialists of life insurance company Freedom Finance Life tell how Tenge has been becoming cheaper and how to protect their savings from devaluation....
This was announced by the National Bank of Kazakhstan on its official website....
Freedom Finance will provide Kazakhstani people with an alternative method of insurance, lsm.kz reports....
This was announced by the National Bank of Kazakhstan on its official website....
In the interview with LifeInsurance.kz, Yerzhan Konurbayev, one of the most charismatic and professional managers in life insurance in Kazakhstan, the Board Chairman of Standard Life Insurance Company JSC, shared his personal memories and assessments...
Profit of insurance sector for two months amounted to 10.3 billion tenge increasing by 66.8% compared with the same period last year, reports dknews.kz....
The AM Best rating agency forecasts in the long term an operational environment improvement for Kazakhstani insurers against a reduction in the number of market players....
Organizations reported on the results as of February, 2019...
In March 2019, AM Best confirmed a financial strength rating of Halyk-Life JSC at the level of B+ (Good) and a long-term emitent credit rating at the level of “bbb-”. The forecast on these credit ratings is stable, the press service of Halyk-Life...
A new player appeared on the domestic insurance market: on March 4, 2019, the National Bank of the Republic of Kazakhstan issued a license for insurance and reinsurance activities in the life insurance industry to JSC LIC Eurasia, which is a subsidia...
Life insurance companies (LICs) begin a year on a positive note. In January, insurance premiums increased by 34% (by 3.1 billion tenge) to 11.9 billion tenge compared to the same period of 2018. The insurance payments increased by only 0.3%, from 1.4...
By the end of January 2019, the assets of insurance organizations amounted to 1.1 trillion tenge with a 15.6% increase over the year. A year earlier, the amount of assets had increased by 6.9% over the year and amounted to 933.9 billion tenge. The ma...
