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1 EUR - 7.4198 HRK
1 EUR - 27.021 CZK
1 EUR - 309.81 HUF
1 EUR - 4.2695 PLN
1 EUR - 4.5527 RON
1 EUR - 61.6859 RUB

Kazakhstan

Location:
Central Asia, northwest of China; a small portion west of the Ural (Zhayyq) River in eastern-most Europe

Climate:
continental, cold winters and hot summers, arid and semiarid

Natural hazards:
earthquakes in the south; mudslides around Almaty

Currency: Tenge (KZT)
1 EUR = 221.97 Tenge - KZT (December 31st, 2014)
1 EUR = 211.17 Tenge - KZT (December 31st, 2013)
1 EUR = 199.22 Tenge - KZT (December 31st, 2012)
1 EUR = 191.72 Tenge - KZT (December 31st, 2011)
1 EUR = 195.23 Tenge - KZT (December 31st, 2010)

Sources:
National Bank of Kazakhstan
Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations

Insurance statistics

FY2016
Market portfolioxlsx
FY2016Insurance companies rankingsxlsx
3Q2016Market portfolioxlsx
3Q2016Insurance Companies Rankingsxlsx
1H2016Market portfolioxlsx
1H2016Insurance companies rankingsxlsx
1Q2016Market portfolioxlsx
1Q2016Insurance Companies Rankingsxlsx
FY2015
Market portfolioxlsx
FY2015Insurance companies rankingsxlsx
3Q2015Market portfolioxlsx
3Q2015Insurance companies rankingsxlsx
1H2015Market portfolioxlsx
1H2015Insurance companies rankingsxlsx
1Q2015Market portfolioxlsx
1Q2015Insurance Companies Rankingsxlsx
FY2014Market portfolioxlsx
FY2014Insurance Companies Rankingsxlsx
3Q2014Market portfolioxlsx
3Q2014Insurance Companies Rankingsxlsx
1H2014Insurance market overview pdf
1H2014Market Portfolioxlsx
1H2014Insurance Companies Rankingsxlsx
1Q2014Market portfolioxlsx
1Q2014Insurance Companies Rankingsxlsx
FY2013Insurance market overview pdf
FY2013Market portfolioxlsx
FY2013Insurance Companies Rankingsxlsx
1H2013Insurance market overview pdf
1H2013Insurance companies rankingsxlsx
1H2013Market portfolioxlsx
1Q2013Insurance Companies Rankingsxlsx
1Q2013Market Portfolioxlsx
FY2012Insurance market overview pdf
FY2012Insurance Companies Rankingsxlsx
FY2012Market portfolioxlsx
3Q2012Insurance Companies Rankingsxlsx
3Q2012Market Portfolioxlsx
1H2012Insurance market overview pdf
1H2012Insurance Companies Rankingsxlsx
1H2012Market Portfolioxlsx
1Q2012Insurance companies rankingsxlsx
1Q2012Market portfolioxlsx
FY2011Insurance market overview pdf
FY2011Market portfolioxlsx
FY2011Insurance companies rankingsxlsx
3Q2011Market Portfolioxlsx
3Q2011Insurance Companies Rankingsxlsx
1H2011Insurance market overviewpdf
1H2011Market portfolio and rankingsxlsx
2010Insurance market overviewpdf
2010Market portfolio and rankingsxls
2009Insurance market overviewpdf
2009Market portfolio and rankingsxlsx
1H2010Kazakh insurance market overviewpdf
1H2010Market portfolioxls
1H2010Life and non-life insurance rankingsxls



KAZAKHSTAN: Serious reforms are expected in the insurance sector

 Experts deem provision of transparency and public trust should be restored.
More
(09.03.2017)

KAZAKHSTAN insurance firm to compensate USD 38 million for Boeing 747 crash near Bishkek

Kazakhstan insurance company Eurasia is ready to compensate USD 38 million for the damages caused by the Boeing 747 plane crash near Bishkek on January 16, reports the company. More
(13.02.2017)

KAZAKHSTAN: A.M. Best Revises Outlooks to Negative for Nomad Insurance Company JSC

A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of "bb-"for Nomad Insurance Company JSC (Nomad), the wholly owned subsidiary of Nomad Insurance Group Limited, a private non-operating company (both entities are domiciled in Kazakhstan).
More
(13.02.2017)

Date set for the XIth Int'l Conference "Insurance in Central Asia". Insurance Profile Kazakhstan will be available at the event's stands

The XIth International Conference "Insurance in Central Asia" will take place on 13-14 April 2017 in Almaty, Kazakhstan. The event represents a platform for the insurance and reinsurance leaders from Central Asia, CIS and CEE countries. More
(02.02.2017)

UPDATE: KAZAKHSTAN, FY2016: Market return to growth, up by 24%; statistical sheet now available

FY2016 saw a spectacular GWP boost in the Kazakh market, by 24%, as compared with FY2015 when insurers struggled to return on the growth path, achieving a 8% growth after the fall of 4.64% seen in FY2014. More
(02.02.2017)

KAZAKHSTAN: A.M. Best Assigns Credit Ratings to JSC IC Kazkommerts-Policy

A.M. Best has assigned a Financial Strength Rating of C++ (Marginal) and a Long-Term Issuer Credit Rating of "b+" to JSC IC Kazkommerts-Policy (Kazkommerts-Policy) (Kazakhstan). The outlook assigned to these Credit Ratings (ratings) is stable. Kazkommerts-Policy is a majority-owned subsidiary of JSC Kazkommertsbank (Kazkommertsbank), the largest bank in Kazakhstan. More
(05.12.2016)

STATISTICS: KAZAKHSTAN, 3Q2016: Insurance companies reported GWP growth by 24.83% y-o-y

In 3Q2016, GWP reached KZT 277.02 billion (EUR 737.72 million), up by 24.83% y-o-y, while claims increased by 29.04%, to KZT 74.28 billion (EUR 197.82 million). In the reporting period, the market GWP increased mainly due to the following types of insurance: GTPL (v), Worker against accidents (c), MTPL (c), Financial losses (v), Property (v) and CARGO (v). More
(24.11.2016)

KAZAKHSTAN's Halyk Bank ups 2016 profit guidance to 120 bln tenge

Kazakhstan's second-biggest lender, Halyk Bank , raised its 2016 net income guidance to around 120 billion tenge (USD 353 million) on Monday from a previous forecast of over 100 billion tenge. More
(23.11.2016)

KAZAKHSTAN: Fitch Affirms AMANAT Insurance at IFS 'B'; Outlook Stable

Fitch Ratings has affirmed Kazakhstan-based AMANAT Insurance's (AMANAT) Insurer Financial Strength (IFS) rating at 'B' and National IFS rating at 'BB+(kaz)'. The Outlooks are Stable. More
(26.10.2016)

AIG turns off its business in Kazakhstan

Member of American International Group (AIG), CHARTIS Kazakhstan has recently announced ceasing its activity on the Kazakh insurance market and further transfer of its business to KAZAKHINSTRAKH, affiliated company of HALYK Bank. More
(20.10.2016)

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