Kazakhstan

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.


Currency: Tenge
Code: KZT
Since: 1993

Exchange rates at December 31st:

1 EUR = 439.37 KZT (2018)
1 EUR = 398.23 KZT (2017)
1 EUR = 352.42 KZT (2016)
1 EUR = 371.31 KZT (2015)
1 EUR = 221.97 KZT (2014)
1 EUR = 211.17 KZT (2013)
1 EUR = 199.22 KZT (2012)
1 EUR = 191.72 KZT (2011)
1 EUR = 195.23 KZT (2010)


Sources:



Flag



Location map
author: OCHA/ReliefWeb


 


Kazakhstan FY2018 Market Portfolio

Kazakhstan FY2018 Insurance Companies Ranking

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KAZAKHSTAN: insurers VICTORY and NURPOLICY started merger

Insurance company VICTORY, which is in terms of assets is the 2nd insurer in the country (KZT 83.7 billion), announced about consolidation with the insurer NURPOLICY (27th place in terms of assets of 32 insurers), a subsidiary of NURBANK.



KAZAKHSTAN: for the Q1 property insurance dropped by 11%

Property insurance in Kazakhstan is accelerating rates of decline. During the Q1 the class generated premiums 11% less than a year ago. At that during the Q1 2017 this class decreased by 4%, as informed analytical service Finprom.kz.

KAZAKHSTAN: Eurasia insurance company covers Crimea bridge construction

Kazakhstan's Eurasia insurance company took part in reinsurance of construction and installation risks of the bridge construction project across the Kerch Strait with a share of responsibility of about 900 million rouble. On May 15, 2018, the Crimean Bridge was opened by the Russian President Vladimir Putin.



KAZAKHSTAN: Kommesk-Omir says A.M. Best upgraded company's ratings, outlook Stable

A.M. Best international rating agency upgraded ratings of Insurance Company Kommesk-Omir -  Financial Strength Rating from C++ to B- and the Long-Term Issuer  Credit Rating from "b+" to "bb-". Outlook "Stable". According to ratings, Kommesk-Omir is one of top 5 insurance companies that  operate in general insurance field.