Boston, MA -- (SBWIRE) -- 08/08/2013 -- 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.

Key Highlights

- Kazakhstan has maintained steady economic growth during the review period 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% during the review period
- The non-life segment dominated the industry with 58.7% of total written premiums and recorded a marginal expansion at a 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

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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

Reasons to Get This Report

- Make strategic business decisions using in depth historic and forecast market data related to the Kazakhstan insurance industry and each segment within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Kazakhstan insurance market
- Assess the competitive dynamics in the Kazakhstan insurance market
- Identify the growth opportunities and market dynamics within key segments
- Gain insights into key regulations governing the Kazakhstan insurance market and its impact on companies and the industry's future

Companies Mentioned in this Report: Halyk-Kazakhinstrakh JSC, Eurasia Insurance Company, Nomad Insurance, Kazkommerts- Policy, Oil Insurance Company, Kazkommerts-Life

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