KAZAKHSTAN: Sigma: last year Kazakh insurance market ranked 77th in the world

According to Sigma, the research publication of Swiss Re, the Kazakh insurance market ranked 77th among world markets in 2018, ahead of Cyprus, Allinsurance.kz reported with reference to Express-k.kz.

As Sigma's analysis shows, the Kazakh non-life sector was ahead of Serbia, Pakistan and Tunisia last year, but with a large margin from Russia and Ukraine.

Among the key analytical criteria, Sigma noted a decrease of insurance GWP per capita in Kazakhstan, to USD 55 in 2018 vs USD 61 in 2017. In Russia, this figure in 2018 increased by 8% to USD 164, and in western developed countries it ranged from USD 1,000 to USD 7,000, Allinsurance.kz reports.

Share |