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The Insurance Industry in Kazakhstan, Key Trends and Opportunities to 2018

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Anonymous (not verified)
November 13, 2014 - 7:04am

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Kazakhstan posted stable economic growth during the review period. Rising oil output combined with recovered crop production and strong domestic demand spurred economic growth; Kazakh GDP at constant prices increased from US$72.0 billion in 2009 to US$92.4 billion in 2013, at a review-period (2009−2013) compound annual growth rate (CAGR) of 6.4%. These factors will increase demand for insurance products, especially life insurance products such as pension and endowment products, over the forecast period (2013−2018). See more at- http://mrr.cm/Z9R

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