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Photo © kn.kz
Kazakhstan listed in Top 10 World's Riskiest Sovereign Debt?

Kazakhstan has been put on the map of the world's riskiest sovereign debt by Bank of America Merrill Lynch. Really?

Kazakhstan listed in Top 10 World's Riskiest Sovereign Debt?
Swiss voters reject shift to state-run health insurance
Swiss voters reject shift to state-run health insurance

Swiss voters rejected a plan to ditch the country's all-private health insurance system and create a state-run scheme, exit polls showed.

Swiss voters reject shift to state-run health insurance
Kazakh company reinsured downed Malaysia Airlines Boeing for $3mln
Kazakh company reinsured downed Malaysia Airlines Boeing for $3mln

Payments of Kazakhstan-based Eurasia Insurance Company may exceed $3 million in claims over the shot down Malaysia Airlines MH17 flight.

Kazakh company reinsured downed Malaysia Airlines Boeing for $3mln
©Reuters/Issei Kato
Japan's Dai-ichi Life to buy US firm for $5.7 bn

Dai-ichi Life Insurance said Wednesday it would buy US-based Protective Life for $5.7 billion in a record deal, the latest overseas takeover by a Japanese firm to counter a declining market at home.

Japan's Dai-ichi Life to buy US firm for $5.7 bn
©Reuters/Mike Segar
Moscow threatens US retaliation over blocked funds transfer

Moscow on Wednesday threatened retaliatory action against US diplomats after US bank JP Morgan blocked a transfer of funds carried out by a Russian envoy.

Moscow threatens US retaliation over blocked funds transfer
France saves 1bn euros on health insurance spending
France saves 1bn euros on health insurance spending

At a time of deep austerityacross Europe, France has managed to spend one billion euros ($1.4 billion) less than expected on health insurance last year.

France saves 1bn euros on health insurance spending
© Yaroslav Radlovsky
Kazakhstan to introduce mandatory real estate insurance schemes

The insurance schemes will be administered by the government-owned non-for-profit State Fund for Real Estate Insurance.

Kazakhstan to introduce mandatory real estate insurance schemes
Europe floods to cost insurers up to $4.5 billion: Swiss Re
Europe floods to cost insurers up to $4.5 billion: Swiss Re

The devastating floods that hit central and Eastern Europe last month caused up to $4.5 billion (3.5 billion euros) in losses for the insurance industry.

Europe floods to cost insurers up to $4.5 billion: Swiss Re
China's Xi signs multi-million-dollar deals in Congo
China's Xi signs multi-million-dollar deals in Congo

China's new President Xi Jinping on Friday signed deals worth several million dollars with his Congolese counterpart in sectors as varied as banking and infrastructure, on the final leg of his three-nation Africa tour.

China's Xi signs multi-million-dollar deals in Congo
©REUTERS
Kazakhstan mulls increasing insurance payments for plane crashes

Senator Gani Kassymov believes that the compensation to the families of the victims of the plane crash near Almaty is insufficient.

Kazakhstan mulls increasing insurance payments for plane crashes
Following a storm in Zhambyl oblast. © Anton Akulov
President Nazarbayev tasks his Government to develop natural disaster insurance schemes

According to him, developed countries face lots of disasters; however, the tragedies do not call for such sizeable amounts of public money as in our country.

President Nazarbayev tasks his Government to develop natural disaster insurance schemes
©REUTERS
AIG refuses to join lawsuit against US government

The board of giant insurer AIG decided Wednesday not to join a private shareholder lawsuit against the US government over the $182 billion rescue of the insurer in 2008.

AIG refuses to join lawsuit against US government
Photo courtesy of paydayadvanceuk.co.uk
Japan insurers stop China riot coverage: report

Big Japanese insurers have stopped covering firms against riots in China, a report said Friday, a move seen likely to hit investment there as the countries remain stuck in a festering territorial row.

Japan insurers stop China riot coverage: report
Kazakhstan Parliament. ©Vladimir Dmitriyev
Kazakhstan ratifies single insurance market within the EurAsEC

The protocol seeks to bring to conformity applicable national legislations of the EurAsEC member states and ensure a greater access to insurance services.

Kazakhstan ratifies single insurance market within the EurAsEC
Photo courtesy of magenta-studio.ru
Kazakhstan to designate insurance companies for KazSat-2 late October

Before the satellite is fully transferred to Kazakhstan, the Russian side is fully responsible for insurance-related issues: Talgat Mussabayev, Head of KazKosmos National Space Agency.

Kazakhstan to designate insurance companies for KazSat-2 late October
KazSat-1
Insurers paid Kazakhstan for lost KazSat-1

Alatau insurance company made insurance payment for the loss of the first Kazakh national communication satellite KazSat-1.

Insurers paid Kazakhstan for lost KazSat-1
Kazakhstan’s Parliament in favor of greater insurance coverage for tourists

The current insurance coverage is not sufficient: Majilis (lower chamber) deputy Vladimir Nekhoroshev.

Kazakhstan’s Parliament in favor of greater insurance coverage for tourists
Photo courtesy of kp.ru
Kazakhstan considering obligatory real estate insurance

Following the recent flooding in Uralsk and a raft of earthquakes in Almaty, insurance companies have been receiving suggestions on new insurance packages from citizens.

Kazakhstan considering obligatory real estate insurance
Insurance companies propose compulsory disaster insurance change

Kazakhstan Insurance Companies Association propose to start charging a compulsory insurance fees against possible future catastrophes from Kazakhstan citizens.

Insurance companies propose compulsory disaster insurance change

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