Between January and September 2026, the assets of Kazakhstan’s insurance sector increased by 21.7% to KZT 4.8 trillion (~EUR 9.62 billion), driven primarily by a rise in investments in securities.

As of October 1, 2026, securities made up the largest share of total assets—73.5% (KZT 3.5 trillion), according to Allinsurance.kz, citing the Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan.

Liabilities in the insurance market grew by 29.6% to KZT 3.6 trillion during the first nine months of 2026, largely due to a 29.5% rise in insurance reserves.

Total equity of insurance companies rose by just 1.5% from January to September, reaching KZT 1.1 trillion. The net profit of the insurance sector totaled KZT 87.8 billion.

Source: Allinsurance.kz.

* 1 EUR = 498.60 KZT (September 30th, 2026)