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Axco's insurance market report provides expert analysis, market insight, company performance data and market statistics for the Kazakhstan non-life (property and casualty) market. The detailed report is produced following a visit to the country and interviews with industry professionals working in Kazakhstan's insurance sector. Systematic updates are published throughout the cycle, to the latest developments in the Kazakhstan non-life (P&C) market as well as trends by line of business. Axco analysts also report on Kazakhstan's economic factors, the local political situation, and sections on climate, operational, and security risks. The report is suitable for insurers, reinsurance companies, brokers and insurance buyers.
The report describes Kazakhstan's insurance regulations and requirements, including vital compliance requirements such as if non admitted insurance is permitted in Kazakhstan, what are the local rules on licensing and detailing any relevant taxes and charges for the insurer and the insured.
View detailed analysis of local lines of business and sub-classes such as natural hazards, property, construction and machinery breakdown, motor, workers compensation & employers' liability and liability. The report lists the insurance companies operating in Kazakhstan, their market share and investigates how much premium is written through the sector’s different distribution channels.
Statistics include five years of non-life (P&C) market performance indicators, including gross written premiums, premium growth, penetration, profitability ratios, and premium by line of business. Company statistics show who are the leading non-life insurance companies in Kazakhstan with local company premiums, market share and year on year growth, expense ratios and retentions by line of business.
The Moldovan non-life insurance market was ranked 129th globally in 2019 and remains one of the smallest in Europe. As in some other post-Soviet economies, insurance barely registers in the popular or commercial consciousness. The personal income per capita is low and there has been little attempt to educate the population into the benefits of insurance. Although the prospects for growth are ultimately limited by the small size of the economy, the legislation and supervisory regulations continue to be steadily upgraded in anticipation of the implementation of commitments under the Association Agreement signed ...
This is a brief extract of information; more updated information may be available in the latest published report.
