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:



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Location map
author: OCHA/ReliefWeb


 


Kazakhstan FY2018 Market Portfolio

Kazakhstan FY2018 Insurance Companies Ranking

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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.







FITCH rates Kazakh insurer STANDARD Life "B"

FITCH Ratings assigned Kazakhstan-based Life Insurance Company STANDARD Life an Insurer Financial Strength (IFS) Rating of 'B' and a National IFS Rating of 'BBB-(kaz)'. The Outlooks are Stable.







KAZAKHSTAN: A.M. Best Affirms Credit Ratings of JSC IC Kazkommerts-Policy

A.M. Best has affirmed the Financial Strength Rating of C++ (Marginal) and the Long-Term Issuer Credit Rating of "b+" of JSC IC Kazkommerts-Policy (Kazkommerts-Policy) (Kazakhstan). The outlook of these Credit Ratings (ratings) is stable. Kazkommerts-Policy is a majority owned subsidiary of JSC Kazkommertsbank (Kazkommertsbank), which in turn is owned by JSC Halyk Bank (Halyk Bank), a leading retail bank in Kazakhstan.