bs-preloader__icon
ru kz en

How compulsory accident insurance affects labor market

2111 people have suffered from accidents at the workplace for the year 2019, 2.3% less than in 2018. However, the premiums collected by insurers on compulsory accident insurance have increased by 10%, according to Ranking.kz.
How compulsory accident insurance affects labor market

More than a third of all work-related accidents occur in 2 regions: Karaganda region (433 injured) and East Kazakhstan region (302 injured).

For January–May 2020, the premiums collected by the insurance companies in the compulsory accident insurance segment were 14.1 billion tenge, 9.9% more than the same period last year. The share of all compulsory insurance premiums collected for the year has increased from 28.5% to 32%.

The volume of payments in the sector, on the contrary, immediately decreased by 23.5% and in January-May 2020 amounted to 1.6 billion tenge. The share of total payments on compulsory insurance dropped from 14.6% to 12%.

Among insurance companies operating in the sector, almost half of all premiums were collected by two life insurance companies Nomad Life (3.8 billion tenge) and Halyk-Life (3.1 billion tenge) only.

The largest increase in collected premiums compared to last year was shown by LIC Eurasia, 2.9 times at once up to 1.2 billion tenge.

LIC Halyk-Life is leading in the segment of compulsory accident insurance in terms of insurance payments (372.2 million tenge), followed by Nomad Life (338.2 million tenge) and Eurasia (169.1 million tenge). These three companies make almost 55% of all payments in the segment.

Source: http://ranking.kz/ru/a/infopovody/proizvodstvennyj-travmatizm-sokrashaetsya-odnako-obyom-premij-sobrannyh-strahovshikami-po-obyazatelnomu-strahovaniyu-rabotnikov-ot-neschastnyh-sluchaev-vyros-na-10

Photos are from open sources.

Share
read also
Growth of assets, reserves and profits
Growth of assets, reserves and profits

LICs are waiting for the positive results of 2019...

Uninsured Retirees
Uninsured Retirees

Pension insurance or retirement annuity is an actual way of early retirement savings....

The List of public data of the National Bank placed on the Internet portal of open data was approved
The List of public data of the National Bank placed on the Internet portal of open data was approved

The National Bank reported on the adoption of the Resolution of the NBRK Board dated ...

The most interesting materials of the site you have in the mail! Subscribe to the newsletter.

ASK A QUESTION TO THE EXPERT
ASK A QUESTION TO THE EXPERT
Submit your application