Kazakhstan Life Insurance Market to 2027
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Kazakhstan Life Insurance Market to 2027
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
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 market is segmented into Life Insurance and Pension/Annuity.
- The Kazakhstani life insurance market had total gross written premiums of $0.6 billion in 2022, representing a compound annual growth rate (CAGR) of 33.3% between 2017 and 2022.
- The life insurance segment accounted for the market's largest proportion in 2022, with total gross written premiums of $0.4 billion, equivalent to 63.6% of the market's overall value.
- In 2022, the Kazakhstani life insurance market witnessed an annual contraction of 11.5% due to a rise in inflation. According to the Kazakhstan Bureau of National Statistics, in October 2022, the country witnessed an annual inflation of 18.8%.
- Save time carrying out entry-level research by identifying the size, growth, 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
- 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?
- How large is Kazakhstan’s life insurance market in relation to its regional counterparts?
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 the leading players follow?
7.4. What are the strengths of the leading players?
8 COMPANY PROFILES
8.1. European Insurance Company JSC
8.2. Halyk Bank of Kazakhstan JSC
8.3. 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
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 the leading players follow?
7.4. What are the strengths of the leading players?
8 COMPANY PROFILES
8.1. European Insurance Company JSC
8.2. Halyk Bank of Kazakhstan JSC
8.3. 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
Table 2: Kazakhstan life insurance market category segmentation: % share, by value, 2017–2022
Table 3: Kazakhstan life insurance market category segmentation: $ billion, 2017-2022
Table 4: Kazakhstan life insurance market geography segmentation: $ billion, 2022
Table 5: Kazakhstan life insurance market value forecast: $ billion, 2022–27
Table 6: Kazakhstan life insurance market share: % share, by value, 2022
Table 7: European Insurance Company JSC: key facts
Table 8: European Insurance Company JSC: Key Employees
Table 9: Halyk Bank of Kazakhstan JSC: key facts
Table 10: Halyk Bank of Kazakhstan JSC: Annual Financial Ratios
Table 11: Halyk Bank of Kazakhstan JSC: Key Employees
Table 12: Life Insurance Company Nomad Life , JSC: key facts
Table 13: Kazakhstan size of population (million), 2018–22
Table 14: Kazakhstan exchange rate, 2018–22
Table 1: Kazakhstan life insurance market value: $ billion, 2017–22
Table 2: Kazakhstan life insurance market category segmentation: % share, by value, 2017–2022
Table 3: Kazakhstan life insurance market category segmentation: $ billion, 2017-2022
Table 4: Kazakhstan life insurance market geography segmentation: $ billion, 2022
Table 5: Kazakhstan life insurance market value forecast: $ billion, 2022–27
Table 6: Kazakhstan life insurance market share: % share, by value, 2022
Table 7: European Insurance Company JSC: key facts
Table 8: European Insurance Company JSC: Key Employees
Table 9: Halyk Bank of Kazakhstan JSC: key facts
Table 10: Halyk Bank of Kazakhstan JSC: Annual Financial Ratios
Table 11: Halyk Bank of Kazakhstan JSC: Key Employees
Table 12: Life Insurance Company Nomad Life , JSC: key facts
Table 13: Kazakhstan size of population (million), 2018–22
Table 14: Kazakhstan exchange rate, 2018–22
LIST OF FIGURES
Figure 1: Kazakhstan life insurance market value: $ billion, 2017–22
Figure 2: Kazakhstan life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Kazakhstan life insurance market geography segmentation: % share, by value, 2022
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
Figure 1: Kazakhstan life insurance market value: $ billion, 2017–22
Figure 2: Kazakhstan life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Kazakhstan life insurance market geography segmentation: % share, by value, 2022
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