Imputed Insurance in the Republic of Kazakhstan: Problems, Solutions and Development Prospects

Authors

  • Natalia Kaderova Kenzhegali Sagadiyev University of International Business, Almaty, Kazakhstan
  • Manshuk Dosmanbetova Kenzhegali Sagadiyev University of International Business, Almaty, Kazakhstan
  • Sofia Leshchinskaya SC IC NOMAD Insurance, Almaty, Kazakhstan

DOI:

https://doi.org/10.47703/ejebs.v4i66.197

Keywords:

imputed insurance, compulsory insurance, insurance market, insurance premiums and payments

Abstract

The global insurance market, including the market of Kazakhstan, is in constant development and change due to instability in geopolitics, global and national economy. It is worth noting that, despite the growth, the development of the insurance market in Kazakhstan lags behind developed countries. Kazakhstan needs to increase the percentage of the contribution of insurance assets to the GDP structure.  This article discusses the main problems hindering the development of the insurance market and, in particular, the development of imputed insurance in Kazakhstan, provides a number of recommendations to eliminate these problems and proposals for further development of the insurance market.

How to Cite

Kaderova, N., Dosmanbetova, M., & Leshchinskaya, S. (2022). Imputed Insurance in the Republic of Kazakhstan: Problems, Solutions and Development Prospects. Eurasian Journal of Economic and Business Studies, 66(4), 86–104. https://doi.org/10.47703/ejebs.v4i66.197

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Published

2022-12-30

Issue

Vol. 66 Issue 4 (2022): Eurasian Journal of Economic and Business Studies

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution (CC-BY) 4.0 License that allows others to share the work with an acknowledgment of the work’s authorship and initial publication in this journal.