Financial stability of insurance organizations by expanding the list of insurance products, developing the digitalization of the sector and increasing the protection of the rights of consumers of insurance services remain the key priority areas for the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market (ARDFM). This statement was made by Deputy Chairperson of the Board of the ARDFM Mariya Khajiyeva at the Insurance Forum in Almaty.

Exercise can be a powerful medicine when done right, but it can also be a recipe for injury when done wrong. For example, squats have once considered the gold standard of musculoskeletal exercise, but they’ve now been shown to exacerbate chronic pain, especially in the back, CNBC reports.

Deferred annuity is an investment that you purchase to receive periodic payments in the future, usually during retirement. It can be purchased from insurance companies, banks, or brokerage firms.

On October 1, a law that introduces the obligation to test individuals when selling insurance products with an investment component came into effect. The measure will help prevent unfair practices in selling such products to citizens who do not have special knowledge in the field of finance, TASS information agency reports.

Classic life and health insurance programs, when people make a contribution and receive compensation several times greater in case of insured event, are increasingly giving way to insurance company offers - endowment or investment insurance. How and where life insurance companies (LICs) make money is described here.

Social engineering is a manipulation method used by criminals to obtain confidential information and access personal accounts. Unlike technical attacks, social engineering relies on psychological techniques. Scammers use intimidation methods, as well as exploit the emotions and lack of awareness of ordinary people.

Life insurance company Nomad Life announces a competition for journalists, the press service of the organization reports.

According to the GlobalData 2024 Emerging Trends Insurance Consumer Survey, 65.4% of global consumers prefer to pay for their insurance in installments. Experts explain that with high inflation.

The GlobalData study has found that 39% of all respondents are somewhat or very comfortable with artificial intelligence (AI) making a decision on their insurance claim. A significant proportion of consumers around the world are willing to interact with AI in their insurance policies even in the stressful situation of filing a claim. This suggests that insurance companies should integrate AI into their operations.

Life insurance is a financial support that helps your family when the loved ones are not around. It helps cover big expenses like mortgages, college tuition, and loans.

Now, that digitalization has penetrated virtually all areas of life, customer expectations of services have already changed and continue to change. Business processes are also forced to transform. The insurance sector is no exception although it is a fairly conservative industry. But even in it, customers expect to use technologies that have already become commonplace in other trades, and this is not only about mobile applications for insurance companies, which have already become a common thing, writes RBC.

Banks will no longer be able to impose life insurance contracts on clients. Now only qualified investors or specialists who have passed mandatory testing will have the right to conclude such an agreement.

Pension assets of Kazakhstanis have grown by three trillion tenge in eight months and exceeded 20.9 trillion tenge, the UAPF press service reports.

Russian insurers paid almost 51 million rubles (263.8 million tenge) to victims of the Crocus City Hall terrorist attack. The amount includes insurance payments to relatives of the deceased and payments to banks on mortgage loans, company representatives told RIA Novosti.