Centenarians have long attracted attention of scientists, as their study helps to understand how to live longer and stay healthy throughout life. However, previous studies were limited by small numbers of participants and did not consider different g...
Director of the Department of Insurance Market and Actuarial Calculations of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market Assel Amirbayeva took part in a panel session on digitalization of the insura...
LICs restored the increase in collected premiums in 2023....
A life insurance company (LIC) policy or a share in mutual fund, are different investment instruments. Both options offer clear benefits and serve unique owner goals. However, the choice between them depends on clients’ individual circumstances, fi...
Life insurance is an important component of financial planning in India offering coverage to policyholders and their loved ones. When choosing a company, people should give preference to one that has high claims settlement rates and quick payment ter...
Many people have encountered misselling without even knowing about the existence of this term. A typical example: a person goes to an electronics store to buy a smartphone, and buys: a smartphone, an overpriced phone case, additional warranty from th...
The National Bank of Kazakhstan reports that cases of telephone fraud have recommenced again. Fraudsters show fake documents to confirm their “credentials,” the regulator’s press service reports....
The COVID-19 pandemic had a significant impact on people's thinking regarding financial planning, including life insurance. Interest in life insurance increased during the pandemic for several following reasons:...
Modern pyramid schemes can hide behind betting companies by actively encouraging clients to make supposedly win-win bets, writes Fingramota.kz....
UAPF would like to remind that as of January 1, several key innovations in the legislation of the Republic of Kazakhstan are enacted. At the policyholder’s request, a retirement annuity agreement (RA) can be concluded by writing to the insurer or e...
Life insurance is an important step to provide financial security for the family. However, people make mistakes when choosing an insurance policy....
In the ranking of the most expensive global brands Global 500 by Brand Finance, the Allianz insurance group ranks 28th and is a leader in the insurance segment, reports UkrStrakhovanie....
Australian insurers are increasingly using the results of genetic tests when selling life insurance policies. The civil society of Green continent is urging not to use the test results due to concerns about the potential discriminatory use of the inf...
From January 1, 2024, contacting the insurance ombudsman is a mandatory step before going to court to resolve insurance disputes, reports the press service of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Ma...
The pension savings of residents of the Ulytau and Almaty regions have grown significantly over the year, LS reports....
Almost every sixth person (16%) dreams of going on vacation in the short term. In the medium term, 28% plan to purchase real estate, 28% plan to buy a car, and every seventh (14%) simply intends to save a certain amount of money, Insurance Company Ro...
Determining the amount of coverage depends on many factors, for example, financial obligations, monthly expenses, future expenses for children's education and life goals. The coverage amount is usually calculated based on the need to replace the loss...
The main changes in the life insurance industry in the coming year include innovations in the law on compulsory insurance of employees against accidents, as well as the unified voluntary savings system “Keleshek” - a new program within the State ...
As of November 1, the volume of insurance premiums in the life insurance industry exceeded 286.6 billion tenge, a 21.1% increase compared to the same period last year. In terms of insurance products, the growth of insurance premiums for the same peri...
The fees for 11 months of 2023 have exceeded the results of the same period in 2022...
