Against the backdrop of continued demand for LIC products, supported by legal requirements and the growth of nominal incomes of Kazakhstanis (+13.4% for 1Q24), in January-March 2024, there was an increase in all sector indicators with the exception o...
The introduction of Bitcoin and other cryptocurrencies into the life insurance industry represents significant potential for industry transformation. The professionals believe that using Bitcoin can reduce the costs of international transactions and ...
Kazakhstani families with children are currently paid 5 types of state benefits from the national budget and 2 types of social payments from the State Social Insurance Fund (SSIF), and targeted social assistance is also paid to low-income families fr...
The Bizmedia.kz journalist sent a request to Kommesk-Omir insurance company to get answers to questions about life insurance, prices, products and much more. The company informed that in 2023 they changed the direction of their activities and receive...
2,670 employment injuries were registered in 2023, reported the Bureau of National Statistics of the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan....
Law enforcement agencies have uncovered a large-scale health insurance fraud scheme in Seoul. According to the Korea Times, citing information from the Financial Supervisory Service, the group included insurance brokers, employees of medical institut...
Profits of Kazakhstani life insurers dropped by almost half in the first quarter due to a rush in expenditure on reserves, but general insurance companies earned more by 60%. Kursiv studies what other changes have occurred in the insurance market of ...
Generation Z (born in the mid-1990s to early 2010s) is interested in life insurance, although their approaches and priorities may differ from previous generations....
Gastroenterologist Garushyan said in his comment to aif.ru that sweet cravings can occur due to malnutrition, for example, when people keep to a strict diet and limit themselves to certain foods....
Genetic tests can provide life insurance companies with information about a person's predisposition to certain diseases. This allows financiers to more accurately assess the risk of insured event and more adequately calculate insurance premiums after...
Insurance is, first of all, protection of your financial interests upon the occurrence of an insured event. The ARFDM website Fingramota.kz shared some tips on how to choose the right company....
In 2023, the average monthly nominal wage of workers in the country was 322.8 thousand tenge, 20% more in money than a year earlier, Finprom.kz reports....
UnderwriteMe specializes in automating the underwriting process. This technology can significantly simplify and speed up the risk assessment process. In collaboration with INSTANDA, the world's leading provider of SaaS platforms for distribution and ...
As of May 1, 2024, within the framework of the National Fund for Children program, UAPF executed 5,845 applications for a total amount of $585,641.64, the Fund’s press service reports....
The US investment life insurance offers both life protection and capital accumulation. One of the key advantages of such policies is tax efficiency....
Life insurance is an important step to financial security of your family in case of unforeseen circumstances. However, choosing an insurance company can be a difficult task, writes the BCS World of Investments online magazine....
People with chronic diseases, such as diabetes usually have difficulty obtaining insurance due to the increased risk. That is why Sun Life decided to launch a new term insurance product specifically designed for diabetic Canadians....
Where to send a child for higher education within family budget? - To Europe or the USA, where education is definitely more prestigious, which means it will be valued more highly by Kazakhstani employers? Or is it better to choose a country where you...
The dynamics of LIC premiums in March turned out to be higher than in February...
More than half of parents of schoolchildren are either already saving for their child’s higher education (29%) or planning to start in the near future (27%). Such data were obtained by the insurance company Rosgosstrakh Life during a survey. Gulnar...
