At the end of spring, the dynamics of assets of Kazakhstani insurers proved efficiency better than the results of last year. As of June 1 this year, 26 insurance (reinsurance) organizations operate in Kazakhstan. Total assets of insurance companies in Kazakhstan are estimated at nearly 620 billion tenge. This is by 26.6% more than last year’s figures. These figures were provided by the statistical report of the Kazakhstan National Bank on the activities of insurers in May of this year, Kapital.kz reports. As of the end of May, the net profit of the insurance/reinsurance companies totaled over 19 billion tenge. 

 

Photo: preciseethiopia.com

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