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Kazakh insurers' profit falls 20%

Posted On: Aug. 20, 2019 5:42 AM CST

Kazakhstan-based insurers' profit declined 20% year over year to 35.5 billion Kazakhstani tenge ($91.5 million) in the first half of this year, reports citing sources. Insurers also increased their premium retention rate to 82% and retained KZT 209 billion out of KZT 255 billion worth of premiums.

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