Synopsis
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 competitive landscape in the Kazakhstan insurance market
- The current trends and drivers of the Kazakhstan insurance market
- The challenges facing the Kazakhstan insurance market
- The regulatory framework of the Kazakhstan insurance market
To
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Executive summary
Kazakhstan has maintained steady
economic growth during the review period (2008-2012), and expansion is expected
to continue throughout the forecast period. The Kazakh insurance industry
registered a CAGR of 11.3% during the review period. Growth is attributed to
the life segment which registered an increased at a staggering CAGR of 76%. The
non-life segment which accounted for 58.7% of total written premiums in 2012,
recorded a moderate CAGR of 1.2 % during the review period. The life insurance
segment is expected to record growth over the forecast period. It is dominated
by the general annuity category.
Scope
This report provides a comprehensive
analysis of the insurance market in Kazakhstan:
- It provides historical values for the Kazakhstan insurance market for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
- It offers a detailed analysis of the key segments and sub-segments in the Kazakhstan insurance market, along with market forecasts until 2017
- It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions
- It profiles the top insurance companies in Kazakhstan and outlines the key regulations affecting them
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