BMI View: From a low base, Kazakhstan's insurance market should undergo steady expansion through the
forecast period as an improving economic climate begins to drive household incomes higher, leading to
increased levels of spending and demand for discretionary insuran ..."
BMI View: The depreciation of the tenge and high rates of inflation will distort growth rates in both the life
and non-life sectors of Kazakhstan's insurance market in the short-term, though medium-term prospects
remain highly positive. Kazakhstan's insurance market o ..."
BMI View: We expect Kazakhstan's insurance market to continue developing at a fast pace through the
next few years, despite a series of economic headwinds including falling oil prices and a depreciating
national currency. The rapid growth of the market owes much to it ..."
BMI View: We have a favourable outlook for the Kazakh life and non-life insurance markets. The life and
non-life segments are structurally different -- while life insurance is highly concentrated, non-life insurance
is considerably fragmented; however, neither segment ..."
BMI View: We have a positive outlook for Kazakhstan's life and non-life insurance segments. Although the
insurance sector is experiencing some pressures from the depreciation of the Kazakh tenge, overall, we see
positive developments transfer growth to written life an ..."
BMI View: Kazakhstan's insurance sector is small and is dominated by its non life lines of business. The
immaturity of the market is to some extent a reflection of its consumer base, divided between large
corporate clients and private individuals who have yet to show ..."
BMI View: As of late 2014, we look for single-digit growth in total premiums in US dollar terms through
the forecast period. We recognise that we may have to revise our projections downwards once it become
clearer how the sector developed through H2 2014. Kazakhstan's insurance ..."
The report provides in-depth industry analysis, information and insights into the insurance industry in Kazakhstan, including:
The Kazakh insurance industry's growth prospects by insurance segment and category
The competitive landscape of the Kazak ..."
BMI View: In the non-life segment, the implication is that a long term trend of declining penetration has
come to an end. However, the changes in the life segment are even more exciting
Kazakhstan's insurance sector has more in common with its counterparts in some ene ..."
The report provides in depth market analysis, information and insights into the insurance market in Kazakhstan, including:
The Kazakhstan insurance market’s growth prospects by insurance segments and sub-segments
The competiti ..."