Kazakhstan's insurance market declined to 1.34 trillion tenge in April – National Bank
Almaty. June 1. KazTAG - The assets of the insurance market decreased by 1.1% to 1.34 trillion tenge in April 2020, compared with March 2020, reports the National Bank of Kazakhstan.
According to the report, the assets of the insurance market decreased by 1.1% to 1.34 trillion tenge, cash increased by 4% to 32 billion tenge, insurance premiums received from policyholders and intermediaries decreased by 14% to 58 billion tenge.
Liabilities of insurance companies decreased by 0.05% to 758.7 billion tenge. Equity of insurance companies decreased by 2.4% to 585 billion tenge, retained earnings decreased by 5 to 277 billion tenge.
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