Summary
Life Insurance in Kazakhstan industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans.
- The Kazakhstani life insurance market had total gross written premiums of $0.9 billion in 2022, representing a compound annual growth rate (CAGR) of 41.2% between 2017 and 2022.
- The Life Insurance segment accounted for market's the largest proportion in 2022, with total gross written premiums of $0.5 billion, equivalent to 52.9% of the market's overall value.
- The life insurance market in Kazakhstan has had tremendous growth in the past years and the growth is expected to further increase in the forecast period, though at a slower rate.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in Kazakhstan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in Kazakhstan
- Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Kazakhstan life insurance market with five year forecasts
Reasons to Buy
- What was the size of the Kazakhstan life insurance market by value in 2022?
- What will be the size of the Kazakhstan life insurance market in 2027?
- What factors are affecting the strength of competition in the Kazakhstan life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up Kazakhstan's life insurance market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. What has been the recent development by the leading players?
7.5. How has the COVID-19 outbreak impacted the market?
8 Company Profiles
8.1. European Insurance Company JSC
8.2. JSC Halyk Bank
8.3. Eurasia Insurance Company
8.4. Life Insurance Company Nomad Life , JSC
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Kazakhstan life insurance market value: $ billion, 2017-22(e)
Table 2: Kazakhstan life insurance market category segmentation: % share, by value, 2017–2022(e)
Table 3: Kazakhstan life insurance market category segmentation: $ billion, 2017-2022
Table 4: Kazakhstan life insurance market geography segmentation: $ billion, 2022(e)
Table 5: Kazakhstan life insurance market value forecast: $ billion, 2022-27
Table 6: Kazakhstan life insurance market share: % share, by value, 2022(e)
Table 7: European Insurance Company JSC: key facts
Table 8: European Insurance Company JSC: Key Employees
Table 9: JSC Halyk Bank: key facts
Table 10: JSC Halyk Bank: Annual Financial Ratios
Table 11: JSC Halyk Bank: Key Employees
Table 12: Eurasia Insurance Company: key facts
Table 13: Eurasia Insurance Company: Key Employees
Table 14: Life Insurance Company Nomad Life , JSC: key facts
Table 15: Kazakhstan size of population (million), 2018–22
Table 16: Kazakhstan exchange rate, 2016–20
List of Figures
Figure 1: Kazakhstan life insurance market value: $ billion, 2017-22(e)
Figure 2: Kazakhstan life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Kazakhstan life insurance market geography segmentation: % share, by value, 2022(e)
Figure 4: Kazakhstan life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the life insurance market in Kazakhstan, 2022
Figure 6: Drivers of buyer power in the life insurance market in Kazakhstan, 2022
Figure 7: Drivers of supplier power in the life insurance market in Kazakhstan, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Kazakhstan, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Kazakhstan, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in Kazakhstan, 2022
Figure 11: Kazakhstan life insurance market share: % share, by value, 2022(e)
