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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.
Alatau insurance company made insurance payment for the loss of the first Kazakh national communication satellite KazSat-1.
The current insurance coverage is not sufficient: Majilis (lower chamber) deputy Vladimir Nekhoroshev.
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 Insurance Companies Association propose to start charging a compulsory insurance fees against possible future catastrophes from Kazakhstan citizens.
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