The total retained earnings of insurance companies in January-June 2020 amount to 66.1 billion tenge having increased by 85.8% over the year. For comparison: last year, the retained income showed a decrease of 20.1% to 35.6 billion tenge.
The top 10 insurance companies make 82.7% of the total retained earnings for the 1st HY 2020.
The Eurasia insurance company is leading, making almost 41% of the total insurance market, 27 billion tenge, which is almost 2 times more than in the same period last year. IC Victoria (6 billion tenge), LIC Halyk-Life (5 billion tenge) are following up. Nomad Life is in the fourth place (4 billion tenge) and IC Halyk (3.1 billion tenge) closes the top five.
Photos are from open sources.
