According to ranking.kz, the net profit of Kazakhstan’s life insurance companies fell 15.3% in the first half of 2026 to 74.5 billion KZT compared to 88 billion KZT a year earlier.
Regulatory profit tumbled 4.2 times to 10.7 billion KZT from 44.8 billion KZT in the same period of 2025. Pre-tax profit slipped 11% to 81.5 billion KZT. Three major market players closed the first half of 2026 at a loss, though Halyk-Life grew its regulatory net profit by 71.9% to 32.3 billion KZT.