STATISTICS: KAZAKHSTAN, 3Q2016: Insurance companies reported GWP growth by 24.83% y-o-y
At the same time, a tendency of claims growth was seen during the last period, due to the growth of compensations paid on GTPL (v), Property (v), Motor Hull (v), Life insurance (v) and MTPL (c).
Despite the fact that only since January 2018 in Kazakhstan will be introduced compulsory social health insurance, the contributions of employees will start to be paid already from one year before. And, in case of unemployed the state would have to contribute.
Note: (v) - voluntary insurance / (c ) - compulsory insurance
Access www.xprimm.com and download the 3Q2016 Kazakh insurance market statistics.