Kazakhstan

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Location map
author: OCHA/ ReliefWeb


Location:
- Central Asia, a small portion west of the Ural (Zhayyq) River in eastern-most Europe.
- Neighbours: Russia, Turkmenistan, Uzbekistan, Kyrgyzstan, China.

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

Natural hazards:
- earthquakes in the south;
- mudslides around Almaty.

Macro indicators
* 2018 estimates
Surface:2,724,900km2
Population*:18.5million
Pop. density*:6.8people/km2
GDP*:133.8EUR billion
GDP/capita*:7,246.8EUR

Currency: Tenge
Code: KZT
Since: 1993


Insurance market portfolio
* 2018 estimates
TOTAL LIFE*:23%
TOTAL NON-LIFE*:77%
Overall Property*:20%
Overall Motor*:21%

Sources:



 


Statistics

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Kazakhstan 3Q2020 Insurance Companies Rankings

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Kazakhstan 3Q2020 Market Portfolio


See all statistics

Latest news




WTW expanded its presence in Kazakhstan

Global insurance broker Willis Towers Watson (WTW) expanded its presence in Kazakhstan - by opening a new entity to serve clients in "this key Central Asian growth market", as the company officials affirmed in a statement.
















Moves on the Kazakh insurance market under the scrutiny of A.M.Best

A.M. Best will evaluate the impact that the merger transaction between the Kazakh Halyk-Kazakhinstrakh, Insurance Subsidiary Company of Halyk Bank of Kazakhstan, JSC (Kazakhinstrakh) and JSC IC Kazkommerts-Policy, on August 29, 2018, had on Kazakhinstrakh's Credit Rating.