The companies’ expenditures in turn, grew slightly less, by 11.8% to 674.3 billion tenge. This increased profit compared to January-November 2021 by 26.6% to 143.7 billion tenge before corporate income tax.
The amount of corporate income tax for the year grew by 38.3%, and net profit after tax built up by 25.7% to 131.4 billion tenge.
The highest retained earnings as of January-November 2022 among insurance companies fell on the insurance company Eurasia with 37.7 billion tenge, 1.5 times more than a year earlier, followed by life insurance companies Halyk-Life and NOMAD Life: 15.5 billion and 10.7 billion tenge, Halyk-Life increased the volume of retained earnings by 2.2 times, and NOMAD Life — by 9.9%.
Significant amounts of income came due to European Insurance Company (10.6 billion tenge), IC Victoria (9.8 billion tenge) and LIC Freedom Finance Life (8.2 billion tenge).
Uncovered loss as of January-November 2022 was shown by IC Kommesk-Omir (2.9 billion tenge), LIC Centras Kommesk Life (1 billion tenge), IC Amanat insurance (622.8 million tenge) and KC HMI INTERTEACH (323.3 million tenge).
Source: http://finprom.kz/ru/article/sovokupnaya-pribyl-strahovyh-kompanij-rk-vyrosla-na-27-za-god
Photos are from open sources.
