On the mandatory insurance segment, gross written premiums reached KZT 22.55 billion (EUR 107.89 million), voluntary persons insurance - KZT 24.81 billion (EUR 118.74 million), while property insurance registered KZT 54.82 million (EUR 262.32 million).
On July 1st, underwritings on life insurance increased by 29.5% compared to the corresponding period of 2010, reaching KZT 11.4 billion or EUR 54.49 million.
According to data presented by the Supervisory Commission of Financial Markets in the first half of 2011, KZT 40.1 billion (EUR 191.85 million) represented premiums ceded in reinsurance - 45.3% of total volume of underwritings.
Currently, on the Kazakhstan insurance market, 38 insurance and reinsurance companies and 14 brokerage companies operate.
The exchange rate of the National Bank of Kazakhstan, on the 1st of July 2011 - 209.0100 KZT/EUR.