Kazakhstan

Insurance statistics - Kazakhstan

Flag



https://reliefweb.int/sites/reliefweb.int/files/resources/kaz_ocha_1000px.png
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

tari standard

Kazakhstan 1Q2020 Market Portfolio

tari standard

Kazakhstan 1Q2020 Insurance Companies Rankings


See all statistics

Latest news






STATISTICS: KAZAKHSTAN, 1Q2020: life insurance GWP grew by almost 55% y-o-y

In 1Q2020, the Kazakhstani insurance market showed an impressive growth in local currency both in total GWP (+36.1%), and separately in the life sector (+55.0%) and non-life (+31.3%), according to the data, published by the National Bank. The positive trend was seen in EUR currency too, the overall market GWP increasing by 16.2%.














KAZAKHSTAN: AM Best revised Halyk-Life outlooks to positive from stable

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of "bbb-" of Halyk-Life, Life Insurance Subsidiary Company of the Halyk Bank of Kazakhstan, JSC (Halyk-Life) (Kazakhstan).