The share of life insurance premiums in the GDP of the Republic of Kazakhstan was 0.4% in 2023, a correspondent of the business information center Kapital.kz reports....
The size of premiums on life insurance policies depend on many factors that are taken into account when determining risk. The first of them is the age of the policyholder. The younger the person, the lower the insurance premiums are, as the mortality...
AM Best agency confirmed the financial strength rating at the level of "B++" ("Good") and the long-term issuer credit rating at the level of "bbb" ("Good") of JSC Halyk-Life, a subsidiary of Halyk Bank of Kazakhstan. The forecast for credit ratings i...
In 2022 and 2023, the first decade of May accounted for approximately a third of the monthly volume of insurance claims related to injuries. The insurance company Rosgosstrakh told Gazeta.Ru about this....
A new service has appeared in the Halyk Life mobile application; it simplifies the process of paying insurance premiums, the insurer’s press service reports....
Sales of term insurance policies to the self-employed in India have grown by 25% between July 2021 and September 2023, according to a Policybazaar report....
At the end of March, the volume of gross foreign exchange holdings of the National Fund is about 61.40 billion US dollars, having increased from the year beginning by about 1.37 billion US dollars. Deputy Chairman of the National Bank of Kazakhstan A...
As of April 1, 2024, pension savings in the amount of 18.9 trillion tenge were formed on individual and conditional accounts of UAPF depositors, the Fund’s press service reports....
Life insurance plays an important role in small business planning and sustainability. The policy helps protect the business from financial risks in the event of the unexpected death of the owner or key employee. It is insurance that allows the compan...
The activities of unscrupulous “helpers” have been gaining popularity in the insurance market in recent years. People resort to their services most often to receive insurance payments for compulsory vehicle insurance in case of an accident. Fingr...
Mortgage life insurance is not considered a mandatory type of insurance, but the policy helps reduce the interest rate on the loan and thereby decreases the financial burden of the borrower. If you wisely invest the money saved in this way into early...
AM Best agency confirmed the financial strength rating of a subsidiary of Narodny Bank of Kazakhstan for life insurance Halyk-Life at B++ (Good) and the long-term issuer credit rating at “bbb” (Good). The forecast for these credit ratings is “S...
The insurance premiums on voluntary personal life insurance (with exception of life insurance within the framework of the state educational savings system) in January-February of this year reached 36.2 billion tenge, 45.9% more than in the same perio...
The ideal age to purchase a life insurance policy depends greatly on a person's individual circumstances, goals and financial situation. However, it is generally accepted that the best time to buy insurance coverage is between the ages of 20 and 30....
According to the latest forecasts, more than 90% of insurance companies will implement or consider solutions using artificial intelligence by 2024. These statistics highlight the industry's recognition of the potential of AI technologies, writes onli...
It is known that insurance agents have the best experience in selling classic life insurance policies. Until recently, most sales in life insurance have been made only through financial advisors. According to the TransUnion research report, the new t...
As of March 1, 2024, pension savings in the amount of 18.5 trillion tenge were formed on individual and escrow accounts of depositors of the Unified Accumulative Pension Fund. Since the year beginning, their increase as of March 1, 2024 amounted to o...
Halyk-Life announced the start of an annual competition among journalists for the best material on life insurance in the Republic of Kazakhstan, the press service of the insurer reported....
The study conducted by the specialists of LIC Freedom Life has found in which countries the average age of the population does not reach adulthood and people do not live to see retirement, and where the standard of living is so high that the differen...
