It is important for life insurance companies to interact with state databases in order to facilitate their social mission in the life of the country, payments to socially vulnerable groups of the population, namely, those who have entered into retire...
This was stated by Zhanat Kurmanov, the Deputy Chairman of the National Bank of Kazakhstan, during his speech on the site of the International Technological Park of IT start-ups “Astana Hub”, the regulator’s press service informs....
Its authors are Forbes Kazakhstan with the assistance of KPMG in Kazakhstan and Central Asia. Forbes notes that this rating is a purely journalistic and expert assessment study and cannot be used as official information or a document....
According to data as of 2017, the average life expectancy from birth is almost 73 years: 69 years among men, 77 years among women, the Unified Pension Savings Fund (UPSF) press office informs....
For the State Annuity Company (SAC) privatization it is necessary to choose the right time, the key factor of which is the growth of the entire insurance market, believes Yerlan Burabayev, the managing director of the Center for the Development of St...
In the era of global digitalization, an increasing number of services are becoming available online, reports expertonline.kz. State-owned companies, large international corporations and the SME sector in Kazakhstan are restructuring their corporate p...
Not everyone can save up money on the family budget. There can be many problems, including the formulation of goals, discipline and even skepticism. The National Bank gave simple but effective advice on how to get rid of loans, save money and create ...
Halyk Bank of Kazakhstan JSC reports that as of November 1, 2018, Halyk-Life JSC, a subsidiary life insurance company of Halyk Bank and KazkommertsLife JSC, a subsidiary of Kazkommertsbank JSC signed Act of Transfer, informs kase.kz....
The elected officials believe that in case of the company sale the state could jeopardize pension savings and insurance payments to citizens injured at work, informburo.kz reports....
As part of the reorganization process, on November 1, 2018 a transfer act was signed between Halyk-Life JSC and Kazkommerts-Life JSC, reports kklife.kz....
The executive positions in the life insurance sector were approved by the National Bank of the Republic of Kazakhstan, reports zakon.kz....
The National Bank gave an official permission to Eurasia Insurance Company, according to nationalbank.kz....
As of October 29, 2018, the life insurance company Asia Life JSC has been renamed Freedom Finance Life Insurance Company JSC and joined the Freedom Holding Corp company group, the company’s website reports....
In the meantime, insurance organizations have their hands tied to both the investigation and participation in the punishment for such fraud, reports Zakon.kz....
The tender is scheduled for December 28, 2018, minfin.gov.kz has reported today. Starting price is 6,643,907,000 tenge....
The decision to issue a permit for readjustment of Kazkommerts-Life JSC in the form of merging Halyk-Life JSC was made by the National Bank of Kazakhstan on September 27 this year....
JSC Life Insurance Company Asia Life (Almaty), which shares are on the official list of the Kazakhstan Stock Exchange (KASE), has notified KASE of the decisions of the extraordinary general meeting of shareholders held on September 28, 2018, reports ...
The national seminar “Prospects for the Compulsory Social Insurance System Development” was held in Astana on September 28....
The highest growth rate in the market in August was total profit (retained earnings), 29.3% to KZT70.7 billion. About half of this amount was earned by Eurasia, 34.1 billion tenge, with an increase of 42.7% in August. Victoria is in second place with...
The National Bank of Kazakhstan has drafted a new version of the Reinsurance Requirements. According to experts, the regulator seeks to prevent shady reinsurance schemes in the market. Lifeinsurance.kz referred to representatives of life insurance co...