Article 10. Insurance Market Participants Chapter 3. Insurance market of the Insurance Law

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The participants of the insurance market of the Republic of Kazakhstan are:

1) insurance (reinsurance) organization;

1-1) a branch of a non-resident insurance (reinsurance) organization of the Republic of Kazakhstan;

2) insurance broker;

2-1) branch of a non-resident insurance broker of the Republic of Kazakhstan;

3) insurance agent;

4) policyholder, insured, beneficiary;

5) Actuary;

6) Independent actuary;

7) appraiser;

8) the underwriter;

9) adjuster;

10) the surveyor;

11) Insurance Ombudsman;

11-1) an organization that guarantees insurance payments to policyholders (insured, beneficiaries) in the event of liquidation of insurance organizations;

11-2) organization for the creation and maintenance of a database;

12) association of insurance (reinsurance) organizations and insurance brokers;

13) association of actuaries;

14) other individuals and legal entities engaged in business activities related to insurance.

The Law of the Republic of Kazakhstan dated December 18, 2000 No. 126.

President

Republic of Kazakhstan

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