According to the Committee for Labor and Social Protection of the Ministry of Labor and Social Protection of Population of the Republic of Kazakhstan, in 2022, 1,465 workers were injured as a result of accidents at work, 203 of them died. However, as...
Insurance professionals have told RBC that they have products in the currency of friendly powers, for example, the Chinese yuan. The experts note that the yuan is an alternative to the dollar and the euro in both insurance and investment....
At the end of 2022, the dynamics of collected premiums slowed down...
LIC Nomad Life received a license with two additional classes of insurance: life insurance with participation in the state educational savings system (hereinafter referred to as SESS) and compulsory travel insurance (CTI)....
The Kazakhstani insurance companies have made profit of 818 billion tenge for 11 months of 2022, which is 14.2% more than in January-November 2021, reports Finprom.kz....
Legislative innovations were introduced last year, thanks to which several relevant products appeared on the market. However, the rate of development of the life insurance market was lower than in 2021, as there was a significant decrease in premiums...
Covid-19 revived the life insurance industry in the UAE...
The Economic Commission for Europe has developed the Active Aging Index (AAI) in order to assess what factors prevent the elderly from aging properly and how they can be influenced. In this case, “aging properly” means that with age a pensioner s...
The correspondent of the Kapital.kz business information center has prepared an overview on innovations in the life insurance sector as of 2022, what is happening in this market now and what is expected in the new year....
Insurance premiums are growing, retained earnings of LICs have grown by 35%.Insurance premiums are growing, retained earnings of LICs have grown by 35%....
A law that allows life insurance companies (LICs) to offer customers a highly profitable product, unit-linked or investment insurance, has been in force for several years in Kazakhstan. In Europe, where deposit rates tend to zero, the average share o...
Kassym-Jomart Tokayev signed the law "On the national budget for 2023-2025". The document is coming into force on January 1, 2023. The law establishes the minimum wage, MCI and other calculated indicators....
Demand for the products of life insurance companies (LICs) is growing in Kazakhstan. The Egemen Kazakhstan newspaper writes about it....
Unit Linked gives the opportunity to try yourself in investments in order to get additional income and, in case of failure, fully save your investments, that is, invest money without the risk of losing it. The client’s life is also insured during t...
The international rating agency S&P Global Ratings confirmed Nomad Life's rating at BB+, the rating outlook Stable....
Sales of life insurance policies are declining in the US after a sharp increase during the COVID-19 pandemic, writes InsuranceNewsNet....
Almaty is hosting the 6th National competition “Koshpendiler auyeni – 2022” ("Melodies of nomads") among young performers on national musical instruments and folk songs. The event is traditionally supported by Nomad Life, one of the largest lif...
SESS is an opportunity for any Kazakhstani to save enough money for their child’s vocational and higher education locally or abroad, the press service of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Marke...
The focus of professional market participants at the Financial Congress of Kazakhstan was mainly on development of the banking sector as the largest in the national financial industry. However, one panel session was annually dedicated to the insuranc...
Life insurance is a reliable financial cushion, piggy bank, and additional income. What you end up giving yourself and your family is up to you....
