A bit over a quarter (25.1% or KZT 53.3 billion, vs. 15.7% a year ago) of the total insurers' income came from their investment activities, income which grew by 92% y-o-y. Insurance companies' income from insurance activity increased only by 6.8%, to KZT 158.1 billion, its share in the portfolio of insurers' total income decreasing by about 9%, as well as the share of income from other activities.
Net income (after taxes) for January-May 2020 increased by 93.2%, to KZT 58.5 billion. Retained earnings of insurers by the end of May grew by almost 99% y-o-y (to KZT 59.6 billion). In terms of retained earnings, EURASIA is the market leader (KZT 23.8 billion).
* EUR 1 = KZT 458.13 (as of 1 June 2020)