Central Asia, northwest of China; a small portion west of the Ural (Zhayyq) River in eastern-most Europe

continental, cold winters and hot summers, arid and semiarid

Natural hazards:
earthquakes in the south; mudslides around Almaty

Currency: Tenge (KZT)
1 EUR = 352.42 Tenge - KZT (December 31st, 2016)
1 EUR = 371.31 Tenge - KZT (December 31st, 2015)
1 EUR = 221.97 Tenge - KZT (December 31st, 2014)
1 EUR = 211.17 Tenge - KZT (December 31st, 2013)
1 EUR = 199.22 Tenge - KZT (December 31st, 2012)
1 EUR = 191.72 Tenge - KZT (December 31st, 2011)
1 EUR = 195.23 Tenge - KZT (December 31st, 2010)

National Bank of Kazakhstan
Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations

Insurance statistics

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1H2014Insurance market overview pdf
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FY2013Insurance market overview pdf
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FY2012Insurance market overview pdf
FY2012Insurance Companies Rankingsxlsx
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3Q2012Market Portfolioxlsx
1H2012Insurance market overview pdf
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FY2011Insurance market overview pdf
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1H2011Insurance market overviewpdf
1H2011Market portfolio and rankingsxlsx
2010Insurance market overviewpdf
2010Market portfolio and rankingsxls
2009Insurance market overviewpdf
2009Market portfolio and rankingsxlsx
1H2010Kazakh insurance market overviewpdf
1H2010Market portfolioxls
1H2010Life and non-life insurance rankingsxls

Kazakhstan FY2017 Market Portfolio

Kazakhstan FY2017 Insurance Companies Ranking

See all statistics

AIG turns off its business in Kazakhstan

Member of American International Group (AIG), CHARTIS Kazakhstan has recently announced ceasing its activity on the Kazakh insurance market and further transfer of its business to KAZAKHINSTRAKH, affiliated company of HALYK Bank.

KAZAKHSTAN: The volume of insurance premiums in the segment increased by 43.6%

In January-July, premiums of insurance companies on compulsory insurance of civil liability of owners of vehicles totaled 29.2 billion tenge - by 26.2% more than in the same period of 2015. The growth of insurance payments for the same period amounted to 33.9%, their volume reached 13.2 billion tenge, which makes 45.4% of total premiums, against 42.8% a year earlier, according to Ranking.kz.

KAZAKHSTAN: S&PGR Revises Eurasia Insurance Outlook To Stable

S&P Global Ratings today revised its outlook on Kazakhstan-based Eurasia Insurance Co. to stable from positive. At the same time, we affirmed the 'BB+' long-term counterparty credit and financial strength ratings on the insurer, as well as the 'kzAA-' Kazakhstan national scale rating.

KAZAKHSTAN: A.M. Best Affirms Ratings of Halyk-Life

A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of "bbb-" of Halyk-Life, Life Insurance Subsidiary Company of Halyk Bank of Kazakhstan, JSC (Halyk-Life) (Kazakhstan). The outlook for each rating remains negative. Halyk-Life is a wholly owned subsidiary of JSC Halyk Bank (Halyk Bank), a leading retail bank also domiciled in Kazakhstan.

KAZAKHSTAN: Moody's downgrades KazExportGarant's financial strength rating to Baa3 with a negative outlook

Moody's Investors Service has today downgraded the insurance financial strength rating (IFSR) of KazExportGarant JSC (KazExportGarant) by one notch to Baa3 from Baa2. This rating action follows the one notch downgrade of the government of Kazakhstan to Baa3, on 22 April 2016. The outlook on KazExportGarant is negative, which is in line with the negative outlook on the sovereign. This rating action closes the review initiated on 10 March 2016 when Moody's placed KazExportGarant's rating on review for downgrade.