Resolution of the Board of the National Bank of the Republic of Kazakhstan dated February 28, 2022 No. 15 "On Amendments and Additions to Certain Resolutions of the Board of the National Bank of the Republic of Kazakhstan on Reporting by Participants in the Insurance Market and Securities Market"

Registered in the Ministry of Justice of the Republic of Kazakhstan on March 15, 2022 under No. 27129


REPUBLICAN STATE INSTITUTION "NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN"		DECISION OF THE BOARD
No. 15
City of Nur-Sultan
DECISION OF THE BOARD
February 28, 2022
City of Nur-Sultan

On Amendments and Additions to Certain Resolutions of the Board of the National Bank of the Republic of Kazakhstan on Reporting by Participants in the Insurance Market and Securities Market

The Board of the National Bank of the Republic of Kazakhstan RESOLVES:

Approve the List of certain resolutions of the Board of the National Bank of the Republic of Kazakhstan, which are subject to amendments and additions regarding reporting by participants in the insurance market and securities market, according to the appendix to this resolution.
The Department of Financial Market Statistics (A.M. Buranbaeva)
in the manner established by the legislation of the Republic of Kazakhstan ensure:
1. jointly with the Legal Department (A.S. Kasenov) the state registration of this resolution in the Ministry of Justice of the Republic of Kazakhstan;
2. placement of this resolution on the official Internet resource of the National Bank of the Republic of Kazakhstan after its official publication;
3. within ten working days after the state registration of this resolution, submission to the Legal Department of information on the implementation of the measure provided for in subparagraph 2) of this paragraph.
Entrust control over the execution of this resolution to the Deputy Chairman of the National Bank of the Republic of Kazakhstan A.M. Baymagambetov.
This resolution enters into force upon the expiration of ten calendar days after the day of its first official publication.


Chairman	G. Pirmatov

"APPROVED"

Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market

"APPROVED"

Bureau of National Statistics of the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan

Appendix
to the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated February 28, 2022 No. 15

List of certain resolutions of the Board of the National Bank of the Republic of Kazakhstan, which are subject to amendments and additions regarding reporting by participants in the insurance market and securities market

Make the following amendments and additions to the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated November 26, 2019 No. 211 "On Approval of the List, Forms, Deadlines for Submission of Reporting by Licensees Carrying out Activities in the Securities Market, by a Single Operator and Rules for its Submission" (registered in the Registry of State Registration of Normative Legal Acts under No. 19672):

in Chapter 2, explanations for filling out the administrative data form of Appendix 25:

paragraph 7 is worded as follows:

"7. In column 6, the ultimate owner of securities – client of the broker and/or dealer, single operator, custodian, acting as a nominee holder (surname, name and patronymic (if any) – for an individual, name – for a legal entity).";

add paragraph 7-1 of the following content:

"7-1. In column 7, the number of securities in units is indicated. Debt securities are indicated at nominal value in the currency of issue.";

reword Appendix 26 in the edition according to Appendix 1 to the List of certain resolutions of the Board of the National Bank of the Republic of Kazakhstan, which are subject to amendments and additions regarding reporting by participants in the insurance market and securities market (hereinafter – the List).

Make the following change to the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated November 28, 2019 No. 223 "On Approval of the List, Forms, Deadlines for Submission of Reporting on Compliance with Prudential Norms by Insurance (Reinsurance) Organizations, Insurance Groups and Islamic Insurance (Reinsurance) Organizations and Rules for its Submission" (registered in the Registry of State Registration of Normative Legal Acts under No. 19701):

reword Appendix 2 in the edition according to Appendix 2 to the List.

Make the following changes to the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated December 31, 2019 No. 275 "On Approval of the List, Forms, Deadlines for Submission of Reporting by Insurance (Reinsurance) Organizations and Insurance Brokers and Rules for its Submission" (registered in the Registry of State Registration of Normative Legal Acts under No. 19927):

reword Appendix 18 in the edition according to Appendix 3 to the List;

reword Appendix 23 in the edition according to Appendix 4 to the List;

reword Appendix 31 in the edition according to Appendix 5 to the List;

reword Appendix 33 in the edition according to Appendix 6 to the List;

in Chapter 2, explanations for filling out the administrative data form of Appendix 38:

paragraph 6 is worded as follows:

"6. The Form indicates insurance premiums minus expenses related to termination of insurance contracts, and insurance payments made for the period from the beginning of the reporting period under direct insurance contracts.";

paragraph 8 is worded as follows:

"8. The total amount of insurance premiums in column 3 corresponds to the sum of insurance premiums accepted under insurance contracts indicated in column 4 of the insurance premium report, minus expenses related to termination of insurance contracts indicated in column 19 of the insurance premium report.";

in Chapter 2, explanations for filling out the administrative data form of Appendix 39:

paragraph 5 is worded as follows:

"5. The Form indicates the amount of insurance premiums accepted under insurance contracts, minus expenses related to termination of insurance contracts.";

paragraph 7 is worded as follows:

"7. The total amount of insurance premiums in column 39 corresponds to the sum of insurance premiums accepted under insurance contracts indicated in column 4 of the insurance premium report, minus expenses related to termination of insurance contracts indicated in column 19 of the insurance premium report.";

reword Appendix 41 in the edition according to Appendix 7 to the List.

Appendix 1
to the List of certain resolutions of the Board of the National Bank of the Republic of Kazakhstan, which are subject to amendments and additions regarding reporting by participants in the insurance market and securities market

Appendix 26
to the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated November 26, 2019 No. 211

Form intended for collection of administrative data

Submitted to: National Bank of the Republic of Kazakhstan

Administrative data form is posted on the Internet resource: www.nationalbank.kz

Report on compliance with prudential norms by organizations carrying out investment portfolio management and/or brokerage and/or dealing activities in the securities market

Administrative data form index: K1_BD-UIP

Frequency: monthly

Reporting period: as of "_____" ______ 20 __ year

Persons submitting the report: investment portfolio managers, brokers and/or dealers

Deadline for submission of the administrative data form: monthly, no later than the 5th (fifth) working day of the month following the reporting month

Form

Table. Information on compliance with prudential norms by organizations carrying out investment portfolio management and/or brokerage and/or dealing activities in the securities market

(in thousands of tenge)


No.	Name of Indicator	Balance Sheet Amount	Accounted Volume (in percent)	Amount for Calculation
1	2	3	4	5
1	Cash and deposits in total, including:
1.1	cash in vault in an amount not exceeding 10 (ten) percent of the total assets on the balance sheet of the organization carrying out investment portfolio management, brokerage and/or dealing activities in the securities market (hereinafter – Organization)		100
1.2	cash in current accounts in second-tier banks of the Republic of Kazakhstan indicated in rows 1.9 and 1.10 of this appendix		100
1.3	cash in current accounts in second-tier banks of the Republic of Kazakhstan indicated in row 1.11 of this appendix		90
1.4	cash in accounts at the central depository		100
1.5	funds of the Organization that are contributions to guarantee or reserve funds of a clearing organization (central counterparty), margin contributions, full and/or partial collateral for fulfillment of obligations under transactions concluded in the trading system of the stock exchange by open trading and/or with participation of a central counterparty		100
1.6	cash in current accounts in non-resident banks of the Republic of Kazakhstan having a long-term credit rating not lower than 'BBB-' on the international scale of Standard & Poor's or a rating of a similar level of one of other rating agencies		100
1.7	cash in accounts at non-resident organizations of the Republic of Kazakhstan performing functions established by paragraph 1 of Article 59 of the Law of the Republic of Kazakhstan "On the Securities Market", having a long-term credit rating not lower than 'BBB' on the international scale of Standard & Poor's or a rating of a similar level of one of other rating agencies		100
1.8	cash in accounts at non-resident organizations of the Republic of Kazakhstan that are members of the International Association of Securities Dealers		100
1.9	deposits in second-tier banks of the Republic of Kazakhstan provided that these banks are issuers included in the 'premium' category of the 'stocks' sector of the 'Main' platform of the official list of the stock exchange, or issuers whose shares are in the representative list of the stock exchange index		100
1.10	deposits in second-tier banks of the Republic of Kazakhstan meeting one of the following requirements: have a long-term credit rating not lower than 'B' on the international scale of Standard & Poor's or a rating of a similar level of one of other rating agencies, or a rating assessment not lower than 'kzBB+' on the national scale of Standard & Poor's or a rating of a similar level on the national scale of one of other rating agencies; are resident subsidiary banks of the Republic of Kazakhstan whose parent non-resident banks of the Republic of Kazakhstan have a long-term credit rating in foreign currency not lower than 'A-' on the international scale of Standard & Poor's or a rating of a similar level of one of other rating agencies		100
1.11	deposits in second-tier banks of the Republic of Kazakhstan having a long-term credit rating of 'B-' on the international scale of Standard & Poor's or a rating of a similar level of one of other rating agencies, or a rating from 'kzBB' to 'kzBB-' on the national scale of Standard & Poor's or a rating of a similar level on the national scale of one of other rating agencies		90
1.12	deposits in international financial organizations having a long-term rating not lower than 'AA-' of Standard & Poor's or a rating of a similar level of one of other rating agencies, deposits in the Eurasian Development Bank in the national currency of the Republic of Kazakhstan		100
1.13	deposits in non-resident banks having a long-term rating not lower than 'BBB-' on the international scale of Standard & Poor's or a rating of a similar level of one of other rating agencies		100
2	Debt securities – in total, including:
2.1	government securities of the Republic of Kazakhstan, including those issued in accordance with the legislation of other states, issued by the Ministry of Finance of the Republic of Kazakhstan and the National Bank of the Republic of Kazakhstan		100
2.2	debt securities issued by local executive bodies of the Republic of Kazakhstan, included in the official list of the stock exchange operating on the territory of the Republic of Kazakhstan		100
2.3	debt securities issued by a legal entity carrying out buyout of mortgage loans to individuals not related to entrepreneurial activity, one hundred percent of the shares of which belong to the National Bank of the Republic of Kazakhstan		100
2.4	debt securities issued by joint stock companies "Kazakhstan Development Bank", "National Welfare Fund "Samruk-Kazyna", "National Managing Holding "Baiterek", "Problematic Credits Fund" in accordance with the legislation of the Republic of Kazakhstan and other states		100
2.5	non-government debt securities of legal entities of the Republic of Kazakhstan issued in accordance with the legislation of the Republic of Kazakhstan and other states, included in the 'debt securities' sector of the 'Main' platform of the official list of the stock exchange, or non-government debt securities of legal entities of the Republic of Kazakhstan admitted to public trading at the stock exchange functioning on the territory of the Astana International Financial Centre, meeting the requirements of the stock exchange for inclusion in the 'debt securities' sector of the 'Main' platform of the official list of the stock exchange		90
2.6	non-government debt securities of legal entities of the Republic of Kazakhstan issued in accordance with the legislation of the Republic of Kazakhstan and other states, included in the 'debt securities' sector of the 'Alternative' platform of the official list of the stock exchange, or non-government debt securities of legal entities of the Republic of Kazakhstan admitted to public trading at the stock exchange functioning on the territory of the Astana International Financial Centre, meeting the requirements of the stock exchange for inclusion in the 'debt securities' sector of the 'Alternative' platform of the official list of the stock exchange		60
2.7	non-government debt securities of legal entities of the Republic of Kazakhstan issued in accordance with the legislation of the Republic of Kazakhstan and other states, having (whose issuer has) a rating assessment not lower than 'BB-' on the international scale of Standard & Poor's or a rating of a similar level of one of other rating agencies, or a rating not lower than 'kzA-' on the national scale of Standard & Poor's or a rating of a similar level on the national scale of one of other rating agencies		100
2.8	non-government debt securities of legal entities of the Republic of Kazakhstan issued in accordance with the legislation of the Republic of Kazakhstan and other states, having (whose issuer has) a rating assessment from 'B+' to 'B-' on the international scale of Standard & Poor's or a rating of a similar level of one of other rating agencies, or a rating from 'kzBBB+' to 'kzBB-' on the national scale of Standard & Poor's or a rating of a similar level on the national scale of one of other rating agencies		85
2.9	non-government debt securities issued by international financial organizations having an international rating not lower than 'AA-' of Standard & Poor's or a rating of a similar level of one of other rating agencies, as well as securities issued by the Eurasian Development Bank and denominated in the national currency of the Republic of Kazakhstan		100
2.10	debt securities of foreign states having a sovereign rating not lower than 'BBB-' on the international scale of Standard & Poor's or a rating of a similar level of one of other rating agencies		100
2.11	debt securities of foreign states having a sovereign rating from 'BB+' to 'BB-' on the international scale of Standard & Poor's or a rating of a similar level of one of other rating agencies		90
2.12	debt securities of foreign states having a sovereign rating from 'B+' to 'B-' on the international scale of Standard & Poor's or a rating of a similar level of one of other rating agencies		80
2.13	non-government debt securities of foreign issuers having (whose issuer has) a rating assessment not lower than 'BBB-' on the international scale of Standard & Poor's or a rating of one of other rating agencies		100
2.14	non-government debt securities of foreign issuers having (whose issuer has) a rating assessment from 'BB+' to 'BB-' on the international scale of Standard & Poor's or a rating of one of other rating agencies		85
2.15	non-government debt securities of foreign issuers having (whose issuer has) a rating assessment from 'B+' to 'B-' on the international scale of Standard & Poor's or a rating of one of other rating agencies		70
3	Shares and depositary receipts – in total, including:
3.1	shares of legal entities of the Republic of Kazakhstan and foreign issuers included in major stock indices, and depositary receipts, the underlying asset of which are such shares		100
3.2	shares of legal entities included in the official list of the stock exchange, meeting the requirements of the 'premium' category of the 'stocks' sector of the 'Main' platform of the official list of the stock exchange and depositary receipts, the underlying asset of which are such shares		100
3.3	shares of legal entities – residents of the Republic of Kazakhstan included in the 'standard' category of the 'stocks' sector of the 'Main' platform of the official list of the stock exchange, or shares of legal entities – residents of the Republic of Kazakhstan included in the official list of the stock exchange functioning on the territory of the Astana International Financial Centre, admitted to public trading, and depositary receipts, the underlying asset of which are such shares, except for shares and depositary receipts, the underlying asset of which are such shares, indicated in row 3.4 of this appendix		80
3.4	shares of legal entities of the Republic of Kazakhstan included in the 'stocks' sector of the 'Alternative' platform of the official list of the stock exchange, or shares of legal entities of the Republic of Kazakhstan included in the subsection of the official list 'Segment of the Regional Stock Market' of the stock exchange functioning on the territory of the Astana International Financial Centre, admitted to public trading, and depositary receipts, the underlying asset of which are such shares		60
3.5	shares of legal entities of the Republic of Kazakhstan and foreign issuers having a rating assessment not lower than 'BBB-' on the international scale of Standard & Poor's or a rating of a similar level of one of other rating agencies, and depositary receipts, the underlying asset of which are such shares		100
3.6	shares of legal entities of the Republic of Kazakhstan and foreign issuers having a rating assessment from 'BB+' to 'BB-' on the international scale of Standard & Poor's or a rating of a similar level of one of other rating agencies, and depositary receipts, the underlying asset of which are such shares		80
3.7	shares of legal entities of the Republic of Kazakhstan and foreign issuers having a rating assessment from 'B+' to 'B-' on the international scale of Standard & Poor's or a rating of a similar level of one of other rating agencies, and depositary receipts, the underlying asset of which are such shares		60
4	Other securities – in total, including:
4.1	securities of investment funds included in the official list of the stock exchange		70
4.2	units of Exchange Traded Funds whose asset structure repeats the structure of one of the major stock indices, or whose unit pricing is linked to major stock indices		90
4.3	units of Exchange Traded Funds, Exchange Traded Commodities, Exchange Traded Notes having a rating assessment not lower than '3 stars' of Morningstar rating agency		80
4.4	securities that are the subject of a reverse repo transaction concluded with participation of a central counterparty		100
5	Other assets – in total, including:
5.1	refined precious metals and metal accounts		100
5.2	accounts receivable (excluding accounts receivable of affiliated persons of the Organization) for accrued but unpaid commission remuneration in the course of professional activities in the securities market (not overdue under contract terms) – in an amount not exceeding 10 (ten) percent of the total assets on the balance sheet of the Organization		100
5.3	claims against issuers of securities for payment of the nominal value of securities arising due to expiration of their circulation term provided by the securities issuance prospectus (not overdue under terms of the securities issuance prospectus)		100
5.4	fixed assets of the Organization in the form of real estate in an amount not exceeding 5 (five) percent of the total assets on the balance sheet of the Organization		100
6	Total liquid assets (LA)
7	Obligations on the balance sheet
8	Minimum size of own capital (MSOC)
9	Capital adequacy ratio (K)
10	Liquidity ratio (KL)

Name ______
Address______
Phone ______
Email address ______
Executor______ ______ surname, name and patronymic (if any) signature, phone

Head or person entrusted with the function of signing the report

______ ______ surname, name and patronymic (if any) signature, phone

Date "____" ______ 20__ year

Appendix
to the reporting form on compliance with prudential norms by organizations carrying out investment portfolio management and/or brokerage and/or dealing activities in the securities market

Explanation for filling out the administrative data form

"Report on compliance with prudential norms by organizations carrying out investment portfolio management and/or brokerage and/or dealing activities in the securities market"

(index – K1_BD-UIP, frequency – monthly)

Chapter 1. General Provisions

This Explanation (hereinafter – the Explanation) defines uniform requirements for completing the form "Report on Compliance with Prudential Norms by Organizations Managing Investment Portfolios and/or Engaging in Brokerage and/or Dealing Activities in the Securities Market" (hereinafter – the Form).
The Form is developed in accordance with Article 3 of the Law of the Republic of Kazakhstan "On the Securities Market".
The Form is completed monthly as of the end of the reporting period by the manager of the investment portfolio, broker, and/or dealer. Data in the Form are indicated in thousands of tenge. An amount less than 500 (five hundred) tenge is rounded to 0 (zero), and an amount equal to 500 (five hundred) tenge or more is rounded to 1000 (one thousand) tenge.
The Form is signed by the head or the person authorized to sign the report, and the executor.

Chapter 2. Explanation on Completing the Form

For the purposes of completing the Form, in addition to rating assessments by the rating agency Standard & Poor's, rating assessments by other rating agencies are recognized as assessments by the agencies Moody's Investors Service and Fitch in accordance with the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated December 24, 2012 No. 385 "On Establishing the Minimum Rating for Legal Entities and Countries, the Presence of Which is Required in Accordance with the Legislation of the Republic of Kazakhstan Regulating the Activities of Financial Organizations, Branches of Non-Resident Banks of the Republic of Kazakhstan, Branches of Non-Resident Insurance (Reinsurance) Organizations of the Republic of Kazakhstan, the List of Rating Agencies Assigning Such a Rating", registered in the Registry of State Registration of Regulatory Legal Acts under No. 8318.
If a financial instrument meets two or more criteria established by the Form, the category of the financial instrument is determined by the Organization independently.
Fixed assets in the form of real estate of the Organization, indicated in line 5.4, are taken into account in the calculation of prudential norms in the amount of 100 (one hundred) percent of the lesser value between the book value and the market value.

For the purpose of determining the market value of fixed assets taken into account in the calculation of prudential norms, the Organization conducts an assessment of their value by an appraiser no less than once a year.

Column 3 contains data as of the last calendar day of the reporting period.
Column 5 contains the sum to be calculated as of the last calendar day of the reporting period, calculated as the product of the data indicated in columns 3 and 4.
Line 9 contains the value of the own capital adequacy coefficient, calculated as the ratio of the difference between liquid assets and balance sheet liabilities to the minimum size of own capital.
Line 10 contains the value of the liquidity coefficient, calculated as the ratio of liquid assets to balance sheet liabilities. This line is not filled out by the voluntary accumulated pension fund.
In the absence of information, the Form is submitted with zero balances.

Appendix 2
to the List of Certain Resolutions of the Board of the National Bank of the Republic of Kazakhstan, with Amendments and Additions Regarding Reporting Submission by Participants of the Insurance Market and the Securities Market

Appendix 2
to the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated November 28, 2019 No. 223

Form Intended for the Collection of Administrative Data Submitted to: National Bank of the Republic of Kazakhstan The administrative data form is posted on the website: www.nationalbank.kz

Report on Compliance with Prudential Norms by an Insurance (Reinsurance) Organization Administrative Data Form Index: 1-PN_M Frequency: Monthly Reporting Period: as of "____" ______ 20 __ year Persons Submitting the Report: Insurance (Reinsurance) Organization Deadline for Submission of the Administrative Data Form: Monthly no later than the 6th (sixth) working day of the month following the reporting month

Form

Table 1. Information on Compliance with Prudential Norms by an Insurance (Reinsurance) Organization


No.	Name of the Norm	Value of the Indicator
1	2	3
1	Margin of Solvency Adequacy Norm (1.1/1.2)
1.1	Actual Margin of Solvency (1.3 + 1.4 or 1.8 lesser value) (in thousands of tenge)
1.2	Minimum Size of Margin of Solvency ("400") (in thousands of tenge)
1.3	Intermediate Result of Calculation of Actual Margin of Solvency ("100") (in thousands of tenge)
1.4	Sum Included in the Calculation of Actual Margin of Solvency ("200") (in thousands of tenge)
1.5	Total Assets Taking into Account Their Classification by Quality and Liquidity ("12000") (in thousands of tenge)
1.6	Insurance Reserves Minus the Share of the Reinsurer ("13000") (in thousands of tenge)
1.7	Liabilities, Excluding the Amount of Insurance Reserves ("14000") (in thousands of tenge)
1.8	Actual Margin of Solvency Calculated Taking into Account the Classification of Assets by Quality and Liquidity (1.5 - 1.6 - 1.7) (in thousands of tenge)
2	Total Book Value of Investments in Securities (taking into account "reverse REPO" operations), deposits and money in one second-tier bank and affiliated persons of this bank, Kazakhstan Development Bank (ND1-1), meeting the requirements of sub-item 1) of item 42 of the Normative Values and Methodologies for Calculating Prudential Norms of an Insurance (Reinsurance) Organization and Insurance Group and Other Mandatory Standards and Limits Established by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated December 26, 2016 No. 304 "On Establishing Normative Values and Methodologies for Calculating Prudential Norms of an Insurance (Reinsurance) Organization and Insurance Group and Other Mandatory Standards and Limits, Requirements for Acquired Shares (Parts in Authorized Capital) of Legal Entities by Insurance (Reinsurance) Organizations, Subsidiary Organizations of Insurance (Reinsurance) Organizations or Insurance Holdings, List of Bonds of International Financial Organizations Acquired by Insurance Holdings, Minimum Required Rating for Bonds Acquired by Insurance Holdings, and List of Rating Agencies, as Well as List of Financial Instruments (Excluding Shares and Parts in Authorized Capital) Acquired by Insurance (Reinsurance) Organizations", registered in the Registry of State Registration of Regulatory Legal Acts under No. 14794 (hereinafter – Norms): before January 1, 2022 – no more than 20 (twenty) percent of the sum of assets calculated in accordance with item 34 of the Norms; from January 1, 2022 – no more than 50 (fifty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure, approved by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated January 31, 2019 No. 13 "On Approval of the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure", registered in the Registry of State Registration of Regulatory Legal Acts under No. 18290 (hereinafter – Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure); from January 1, 2023 – no more than 30 (thirty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure; from January 1, 2024 – no more than 20 (twenty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure.
3	Total Book Value of Investments in Securities (taking into account "reverse REPO" operations), deposits and money in one second-tier bank and affiliated persons of this bank (ND1-2), meeting the requirements of sub-item 2) of item 42 of the Norms: before January 1, 2022 – no more than 15 (fifteen) percent of the sum of assets calculated in accordance with item 34 of the Norms; from January 1, 2022 – no more than 30 (thirty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure; from January 1, 2023 – no more than 20 (twenty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure; from January 1, 2024 – no more than 15 (fifteen) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure.
4	Total Book Value of Investments in Securities (taking into account "reverse REPO" operations), deposits and money in one second-tier bank and affiliated persons of this bank (ND1-3), meeting the requirements of sub-item 3) of item 42 of the Norms: before January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with item 34 of the Norms; from January 1, 2022 – no more than 30 (thirty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure; from January 1, 2023 – no more than 20 (twenty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure; from January 1, 2024 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure.
5	Total Book Value of Investments in Securities (taking into account "reverse REPO" operations) and money in one legal entity that is not a second-tier bank, excluding the Kazakhstan Development Bank, and affiliated persons of this legal entity (ND2): before January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with item 34 of the Norms; from January 1, 2022 – no more than 30 (thirty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure; from January 1, 2023 – no more than 20 (twenty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure; from January 1, 2024 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure.
6	Total Placement in Affiliated Precious Metals and Metal Accounts (ND4): before January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with item 34 of the Norms; from January 1, 2022 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure.
7	Total Size of Loans to Policyholders of the Insurance (Reinsurance) Organization Operating in the "Life Insurance" Industry Sector (ND5): before January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with item 34 of the Norms; from January 1, 2022 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure.
8	Total Book Value of Investments in Securities (taking into account "reverse REPO" operations) having the status of government bonds issued by the central government of a foreign state (ND6): before January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with item 34 of the Norms; from January 1, 2022 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure.
9	Total Book Value of Investments in Securities (taking into account "reverse REPO" operations) of an international financial organization included in the list established by item 39 of the Norms (ND7): before January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with item 34 of the Norms; from January 1, 2022 – no more than 30 (thirty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure; from January 1, 2023 – no more than 20 (twenty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure; from January 1, 2024 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure.
10	Total Book Value of Investments in Units Meeting the Requirements of Sub-items 23) and 24) of Item 38 of the Norms, Less Impairment Reserve (ND8): before January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with item 34 of the Norms; from January 1, 2022 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure.
11	Total Book Value of Investments in Units of Open and Interval Unit Investment Funds, Less Impairment Reserve (ND8-1): before January 1, 2022 – no more than 5 (five) percent of the sum of assets calculated in accordance with item 34 of the Norms; from January 1, 2022 – no more than 5 (five) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure.
12	Total Book Value of Investments in Debt Securities Issued by Local Executive Bodies of the Republic of Kazakhstan, Including Principal Debt and Accrued Reward, Less Impairment Reserve (ND9): before January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with item 34 of the Norms; from January 1, 2022 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure.
13	Total Book Value of Investments in Islamic Finance Instruments Meeting the Requirements of Sub-items 25) and 26) of Item 38 of the Norms, Less Impairment Reserve (ND10): before January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with item 34 of the Norms; from January 1, 2022 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure.
14	Information on Compliance with the High-Liquidity Assets Adequacy Norm (yes/no)

Table 2. Sum of Increase in the Minimum Size of the Margin of Solvency of an Insurance (Reinsurance) Organization
(in thousands of tenge)


Name of Reinsurance Organization	Rating Assessment of the Reinsurer on International or National Scale (Margin of Solvency Adequacy Norm)	Volume of Obligations Transferred (to be Transferred) to Reinsurance under Existing Reinsurance Contracts, Total	Percentage of the Volume of Obligations Transferred (to be Transferred) to Reinsurance under Existing Reinsurance Contracts	Sum of Increase in the Minimum Size of the Margin of Solvency (Column 3 x Column 4)
1	2	3	4	5
Reinsurance Contracts Concluded with Reinsurers-Non-Residents of the Republic of Kazakhstan, Excluding Reinsurers of States Parties to the Agreement on the Eurasian Economic Union Ratified by the Law of the Republic of Kazakhstan dated October 14, 2014 "On Ratification of the Agreement on the Eurasian Economic Union" (hereinafter – EAEU Agreement)
Group 1	"AA-" or higher		0%
Group 2	from "A+" to "A-"		0%
Group 3	from "BBB+" to "BBB-"		0.2%
Group 4	from "BB+" to "BB-"		0.75%
Group 5	from "B+" to "B-"		3.8%
Group 6	below "B-" or absent		22%
Reinsurance Contracts Concluded with Reinsurer-Residents of the Republic of Kazakhstan
Group 7	Not Below "B" or "kzBB"		0%
Group 8	"B-", "kzBB-", "kzB+"		0.2%
Group 9	> 1.75		0.05%
Group 10	> 1.5		0.1%
Group 11	> 1.25		0.2%
Group 12	> 1.1		0.5%
Group 13	>= 1.0		3.8%
Group 14	1.0		5%
Reinsurance Contracts Concluded with Reinsurer-Residents Participants of the Astana International Financial Centre (AIFC)
…
Reinsurance Contracts Concluded with Reinsurers-States Parties to the EAEU Agreement
Group 15	from "BBB+" to "BBB-"		0%
Group 16	from "BB+" to "BB-"		0.2%
Group 17	from "B+" to "B-"		0.5%
Group 18	below "B-" or absent		22%
Total:	xxx		xxx

Table 3. Calculation of the Minimum Size of the Margin of Solvency for an Insurance (Reinsurance) Organization Carrying Out Insurance Activities in the "General Insurance" Industry Sector and a Reinsurance Organization Carrying Out Reinsurance as an Exclusive Type of Activity
(in thousands of tenge)


Indicator Name		Line Code	Amount
1		2	3
Calculation of the minimum solvency margin using the "premium method"
Total insurance premiums accepted under insurance and reinsurance contracts for the previous financial year (according to subparagraphs 1), 2), 3) of paragraph 12 of the Norms)		1110
Total amount of expenses for payment of commission remuneration for insurance activities for the previous financial year		1120
Total corporate income tax for the previous financial year		1130
Adjusted insurance premiums accepted under insurance and reinsurance contracts for the previous financial year ("1110" - "1120" - "1130")		1100
Earned insurance premiums under insurance and reinsurance contracts for the previous financial year, total (according to subparagraphs 1), 2), 3) of paragraph 12 of the Norms)		1210
Adjusted total earned insurance premiums for the previous financial year ("1210" - "1120" - "1130")		1200
Total insurance premiums accepted under insurance and reinsurance contracts or total earned insurance premiums for further calculation (if "1100" ≥ "1200", then "1100"; if "1100" < "1200", then "1200")		1010
Intermediate Result A: (if "1010" > 3,500,000, then (3,500,000 x 0.18 + ("1010" - 3,500,000) x 0.16); if "1010" ≤ 3,500,000, then "1010" x 0.18)		1020
Total insurance payments net of reinsurer's share in insurance payments, accrued over the previous 3 (three) financial years ("1311" + "1312" + "1313")		1310
Total insurance payments net of reinsurer's share in insurance payments, accrued as of the end of the previous financial year		1311
Total insurance payments net of reinsurer's share in insurance payments, accrued as of the end of the financial year, for 1 (one) year preceding the previous financial year		1312
Total insurance payments net of reinsurer's share in insurance payments, accrued as of the end of the financial year, for 2 (two) years preceding the previous financial year		1313
Total insurance payments, accrued over the previous 3 (three) financial years ("1321" + "1322" + "1323")		1320
Total insurance payments, accrued for the previous financial year		1321
Total insurance payments, accrued as of the end of the financial year, for 1 (one) year preceding the previous financial year		1322
Total insurance payments, accrued as of the end of the financial year, for 2 (two) years preceding the previous financial year		1323
Correction coefficient (if "1310" / "1320" > 0.5, then "1310" / "1320"; if "1310" / "1320" ≤ 0.5, then 0.5)		1300
Minimum solvency margin ("premium method") ("1020" x "1300")		1000
Calculation of the minimum solvency margin using the "payout method"
Total insurance payments	accrued over the previous 3 (three) financial years (taking into account the requirements of subparagraph 2) of paragraph 13 of the Norms) ("2111" + "2112" + "2113")	2110
accrued as of the end of the previous financial year	2111
accrued as of the end of the year, for 1 (one) year preceding the previous financial year	2112
accrued as of the end of the year, for 2 (two) years preceding the previous financial year	2113
accrued over the previous 7 (seven) financial years for insurance (reinsurance) organizations carrying out insurance of risks specified in subparagraphs 13) and 14) of paragraph 3 of Article 6 of the Law of the Republic of Kazakhstan dated December 18, 2000 "On Insurance Activity" (hereinafter – the Law) ("2121" +... + "2127"):	2120
accrued as of the end of the previous financial year	2121
accrued as of the end of the year, for 1 (one) year preceding the previous financial year	2122
accrued as of the end of the year, for 2 (two) years preceding the previous financial year	2123
accrued as of the end of the year, for 3 (three) years preceding the previous financial year	2124
accrued as of the end of the year, for 4 (four) years preceding the previous financial year	2125
accrued as of the end of the year, for 5 (five) years preceding the previous financial year	2126
accrued as of the end of the year, for 6 (six) years preceding the previous financial year	2127
Amount of the reserve for reported but unsettled losses as of the end of the previous financial year		2210
Amount of the reserve for reported but unsettled losses as of the end of the financial year, for 2 (two) years preceding the previous financial year		2310
Amount of the reserve for reported but unsettled losses as of the end of the financial year, for 6 (six) years preceding the previous financial year (for insurance (reinsurance) organizations carrying out insurance of risks specified in subparagraphs 13) and 14) of paragraph 3 of Article 6 of the Law)		2320
Total insurance payments for further calculation (1/3 x ("2110" + "2210" - "2310")		2030
Total insurance payments for further calculation (1/7 x ("2120" + "2210" - "2320"), for insurance (reinsurance) organizations carrying out insurance of risks specified in subparagraphs 13) and 14) of paragraph 3 of Article 6 of the Law		2031
Minimum solvency margin ("payout method"): (if "2030" > 2,500,000, then ((2,500,000 x 0.26 + ("2030" - 2,500,000) x 0.23) x "1300"); if "2030" ≤ 2,500,000, then "2030" x 0.26 x "1300")		2000
Minimum solvency margin
Minimum solvency margin ("1000" or "2000", largest value)		3000
Amount of increase in the minimum solvency margin for insurance (reinsurance) contracts specified in paragraph 14 of the Norms		3010
Adjusted minimum solvency margin for the reporting period ("3000" + "3010")		3100
Minimum solvency margin for the previous financial year		4100
Reserve for reported but unsettled losses net of reinsurer's share as of the end of the previous financial year		4010
Reserve for reported but unsettled losses net of reinsurer's share as of the beginning of the previous financial year		4020
Minimum solvency margin for the previous financial year, adjusted by the reserve coefficient (if "4010" / "4020" ≥ 1, then "4100"; if "4010" / "4020" < 1, then "4100" x ("4010" / "4020")		4000
Calculated minimum solvency margin (if "4000" ≤ "3100", then "3100"; if "4000" > "3100", then "4000")		5000
Minimum size of the guarantee fund		6000
Calculated minimum solvency margin (5000 + part of the sum of obligations transferred to reinsurance, calculated in accordance with Table 2 of this Report on compliance with prudential standards by an insurance (reinsurance) organization)		7000
Minimum size of the guarantee fund ("6000" + part of the sum of obligations transferred to reinsurance, calculated in accordance with Table 2 of this Report on compliance with prudential standards by an insurance (reinsurance) organization)		8000
Minimum solvency margin for the reporting period ("7000" or "8000", largest value)		9000
Calculation of actual solvency margin for insurance (reinsurance) organizations in the "general insurance" sector
Paid-up charter capital for an insurance (reinsurance) organization		111
Preferred shares		112
Undistributed profit of previous years and current year		113
Reserve Capital, Reserve for Unforeseen Risks and Stabilization Reserve		114
Intangible assets, except for software acquired for the main activities of an insurance (reinsurance) organization (at cost taking into account accumulated depreciation and not exceeding 10 (ten) percent of the assets of an insurance (reinsurance) organization)		115
Uncovered loss of previous years		116
Uncovered loss of the reporting period		117
Investments in the charter capital of other legal entities		118
Subordinated loans provided to persons who, in accordance with Article 32 of the Law, are subsidiary organizations of an insurance (reinsurance) organization or to persons in whom an insurance (reinsurance) organization has significant participation		119
Intermediate Result A ("111" - "112" + "113" + "114" - "115" - "116" - "117" - "118" - "119")		100
Subordinated debt with a fixed maturity date		201
Subordinated debt without a fixed maturity date		202
Preferred shares		203
Intermediate Result B ("201" + "202" + "203")		211
Amount included in the calculation of actual solvency margin: if "211" > 0.5 x ("100" or "400", smallest value), then 0.5 x ("100" or "400", smallest value); if "211" ≤ 0.5 x ("100" or "400", smallest value), then "211"		200
Actual solvency margin ("100" + "200" or "15000", smallest value)		300
Minimum solvency margin ("9000")		400
Solvency margin adequacy standard (300/400)		500

Table 4. Calculation of the minimum solvency margin for an insurance (reinsurance) organization carrying out insurance activities in the "life insurance" sector

(in thousands of tenge)


Indicator Name	Line Code	Amount
1	2	3
For classes "life insurance" and "annuity insurance"
Life insurance contracts in case of death
Total risk capital for life insurance contracts in case of death (term up to 3 (three) years), for which risk capital is not a negative value ("1113" - "1111")	1110
Amount of formed insurance reserves	1111
Reinsurer's share in insurance reserves	1112
Total insurance sum for life insurance contracts in case of death	1113
Reinsurer's share in the insurance sum	1114
Total risk capital for life insurance contracts in case of death (term from 3 (three) to 5 (five) years), for which risk capital is not a negative value ("1123" - "1121")	1120
Amount of formed insurance reserves	1121
Reinsurer's share in insurance reserves	1122
Total insurance sum for life insurance contracts in case of death	1123
Reinsurer's share in the insurance sum	1124
Total risk capital for remaining life insurance contracts in case of death, for which risk capital is not a negative value ("1133" - "1131")	1130
Amount of formed insurance reserves	1131
Reinsurer's share in insurance reserves	1132
Total insurance sum for life insurance contracts in case of death	1133
Reinsurer's share in the insurance sum	1134
Risk capital for life insurance contracts in case of death concluded during the previous financial year ("1110" + "1120" + "1130")	1140
Risk capital for life insurance contracts in case of death concluded during the previous financial year, net of reinsurer's share ("1140" + "1112" - "1114" + "1122" - "1124" + "1132"-"1134")	1150
Correction coefficient (if "1150" / "1140" > 0.5, then "1150" / "1140"; if "1150" / "1140" ≤ 0.5, then 0.5)	1160
Minimum solvency margin for life insurance contracts in case of death (("1110" x 0.001 + "1120" x 0.0015 + "1130" x 0.003) x "1160")	1170
Other life insurance contracts
Amount of formed insurance reserves as of the end of the previous financial year for pension annuity contracts	1210
Amount of formed insurance reserves as of the end of the previous financial year for other insurance contracts	1211
Amount of formed insurance reserves for calculation: ("1210" x corresponding percentage rate established by paragraph 21 of the Regulatory Values and methodology for calculating prudential standards of an insurance (reinsurance) organization and insurance group and other mandatory norms and limits + "1211" x 0.04)	1220
Amount of formed insurance reserves net of reinsurer's share in insurance reserves as of the end of the previous financial year	1230
Correction coefficient (if "1230" / ("1210+1211") > 0.85, then "1230" / ("1210+1211"); if "1230" / ("1210+1211") ≤ 0.85, then 0.85)	1240
Minimum solvency margin for other life insurance contracts ("1220" x "1240")	1200
Minimum solvency margin ("1170" + "1200")	1000
For classes "accident insurance", "sickness insurance" and "mandatory insurance of workers against accidents while performing their labor (official) duties"
Total insurance premiums accepted under insurance and reinsurance contracts for the previous financial year, total (taking into account the requirements of the second part of paragraph 23 of the Norms)	3110
Total amount of expenses for payment of commission remuneration for insurance activities for the previous financial year	3120
Total taxation of insurance premiums for the previous financial year	3130
Adjusted insurance premiums accepted under insurance and reinsurance contracts for the previous financial year ("3110" - "3120" - "3130")	3140
Earned insurance premiums under insurance and reinsurance contracts for the previous financial year, total	3150
Adjusted total earned insurance premiums for the previous financial year ("3150" - "3120" - "3130")	3160
Total insurance premiums accepted under insurance and reinsurance contracts, or total earned insurance premiums for further calculation (if "3140" ≥ "3160", then "3140"; if "3140" < "3160", then "3160")	3100
Intermediate Result A: (if "3100" > 3,500,000, then (3,500,000 x 0.18 + ("3100" - 3,500,000) x 0.16); if "3100" < 3,500,000, then "3100" x 0.18)	3200
Total insurance payments net of reinsurer's share in insurance payments, accrued over the previous 3 (three) financial years ("3311" + "3312" + "3313")	3310
Total insurance payments net of reinsurer's share in insurance payments, accrued as of the end of the previous financial year	3311
Total insurance payments net of reinsurer's share in insurance payments, accrued as of the end of the financial year, for 1 (one) year preceding the previous financial year	3312
Total insurance payments net of reinsurer's share in insurance payments, accrued as of the end of the financial year, for 2 (two) years preceding the previous financial year	3313
Total insurance payments, accrued over the previous 3 (three) financial years ("3321" + "3322" + "3323")	3320
Total insurance payments, accrued for the previous financial year	3321
Total insurance payments, accrued as of the end of the financial year, for 1 (one) year preceding the previous financial year	3322
Total insurance payments, accrued as of the end of the financial year, for 2 (two) years preceding the previous financial year	3323
Correction coefficient (if "3310" / "3320" > 0.5, then "3310" / "3320"; if "3310" / "3320" ≤ 0.5, then 0.5)	3300
Minimum solvency margin ("premium method") ("3200" x "3300")	3400
Total insurance payments, accrued over the previous 3 (three) financial years ("3511" + "3512" + "3513"):	3510
accrued as of the end of the previous financial year	3511
accrued as of the end of the year, for 1 (one) year preceding the previous financial year	3512
accrued as of the end of the year, for 2 (two) years preceding the previous financial year	3513
Amount of the reserve for reported but unsettled losses as of the end of the previous financial year	3520
Amount of the reserve for reported but unsettled losses as of the end of the financial year, for 2 (two) years preceding the previous financial year	3530
Total insurance payments for further calculation (1/3 x ("3510" + "3520" - "3530")	3500
Minimum solvency margin ("payout method"): (if "3500" > 2,500,000, then ((2,500,000 x 0.26 + ("3500" - 2,500,000) x 0.23) x "3300"); if "3500" < 2,500,000, then "3500" x 0.26 x "3300"	3600
Minimum solvency margin for the reporting period ("3400" or "3600", largest value)	3000
Minimum solvency margin
Minimum solvency margin for the reporting period ("1000" + "3000")	4000
Minimum size of the guarantee fund	5000
Current value of assets created (formed) from the part of insurance premiums (contributions) received from policyholders for investment purposes and income (losses) received from their investment, under insurance contracts providing for the condition of the policyholder's participation in investments x 0.01	4100
Calculated minimum solvency margin (4000 + part of the sum of obligations transferred to reinsurance, calculated in accordance with Table 2 of this Report on compliance with prudential standards by an insurance (reinsurance) organization + 4100)	6000
200,000 (two hundred thousand) monthly calculation indicators – for an insurance (reinsurance) organization holding a license in the "life insurance" sector and carrying out independent management of assets formed from the part of insurance premiums received from policyholders for investment purposes and income (losses) received from their investment, under insurance contracts providing for the condition of the policyholder's participation in investments; 100,000 (one hundred thousand) monthly calculation indicators – for an insurance (reinsurance) organization holding a license in the "life insurance" sector and transferring assets formed from the part of insurance premiums received from policyholders for investment purposes and income (losses) received from their investment, under insurance contracts providing for the condition of the policyholder's participation in investments, to investment management by an investment portfolio manager that is not an insurance organization.	5100
Minimum size of the guarantee fund (5000 + part of the sum of obligations transferred to reinsurance, calculated in accordance with Table 2 of this Report on compliance with prudential standards by an insurance (reinsurance) organization + 5100)	7000
Minimum solvency margin ("6000" or "7000", largest value)	8000
Calculation of actual solvency margin for insurance (reinsurance) organizations in the "life insurance" sector
Paid-up charter capital for an insurance (reinsurance) organization	111
Preferred shares	112
Undistributed profit of previous years and current year	113
Reserve Capital, Reserve for Unforeseen Risks and Stabilization Reserve	114
Intangible assets, except for software acquired for the main activities of an insurance (reinsurance) organization (at cost taking into account accumulated depreciation and not exceeding 10 (ten) percent of the assets of an insurance (reinsurance) organization)	115
Uncovered loss of previous years	116
Uncovered loss of the reporting period	117
Investments in the charter capital of other legal entities	118
Subordinated loans provided to persons who, in accordance with Article 32 of the Law, are subsidiary organizations of an insurance (reinsurance) organization or to persons in whom an insurance (reinsurance) organization has significant participation	119
Intermediate Result A ("111" - "112" + "113" + "114" - "115" - "116"- "117" - "118" - "119")	100
Subordinated debt with a fixed maturity date	201
Subordinated debt without a fixed maturity date	202
Preferred shares	203
Intermediate Result B ("201" + "202" + "203")	211
Amount included in the calculation of actual solvency margin: if "211" > 0.5 x ("100" or "400", smallest value), then 0.5 x ("100" or "400", smallest value); if "211" ≤ 0.5 x ("100" or "400", smallest value), then "211"	200
Actual solvency margin ("100" + "200" or "15000", smallest value)	300
Minimum solvency margin ("8000")	400
Solvency margin adequacy standard (300/400)	500

Table 5. Calculation of assets of an insurance (reinsurance) organization taking into account their classification by quality and liquidity

(in thousands of tenge)

№	Name of Indicator	Line Code	Balance Sheet Amount	Accounted Volume		Amount for Calculation
1	2	3	4	5		6
1	Cash – total, including:	11110		X
1.1	cash in vaults in an amount not exceeding 1 (one) percent of the assets of the insurance (reinsurance) organization minus reinsurance assets	11111		100%
1.2	cash in transit, in second-level banks of the Republic of Kazakhstan	11112		100%
1.3	cash on current accounts in second-level banks of the Republic of Kazakhstan specified in lines 2.1 and 2.2 of this Appendix	11113		100%
1.4	cash on current accounts in second-level banks of the Republic of Kazakhstan specified in line 2.3 of this Appendix	11114		90%
1.5	cash of the insurance (reinsurance) organization on accounts at an organization carrying out brokerage and/or dealer activities in the securities market, located in second-level banks of the Republic of Kazakhstan and in the central depository	11115		100%
1.6	cash of the insurance (reinsurance) organization on accounts at an organization carrying out investment portfolio management activities, located in second-level banks of the Republic of Kazakhstan	11116		100%
2	Deposits – total, including:	11120		X
2.1	deposits in second-level banks of the Republic of Kazakhstan provided that these banks are issuers whose shares are included in the "premium" category of the "shares" sector of the "Main" platform of the official list of the stock exchange or are in the representative list of the stock exchange index	11121		100%
2.2	deposits in second-level banks of the Republic of Kazakhstan meeting one of the following requirements: have a long-term credit rating not lower than "B" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, or a rating assessment not lower than "kzBB+" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of one of the other rating agencies; are subsidiary banks-residents of the Republic of Kazakhstan, the parent non-resident banks of which have a long-term credit rating in foreign currency not lower than "A-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies	11122		100%
2.3	deposits in second-level banks of the Republic of Kazakhstan having a long-term credit rating of "B-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, or a rating assessment from "kzBB" to "kzBB-" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of one of the other rating agencies	11123		90%
2.4	deposits in international financial organizations having a long-term rating not lower than "AA-" of Standard & Poor's or a rating of a similar level of one of the other rating agencies, deposits in the Eurasian Development Bank in the national currency of the Republic of Kazakhstan	11124		100%
2.5	deposits in non-resident banks having a long-term rating not lower than "BBB-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies	11125		100%
3	Debt securities (excluding debt securities that are the subject of a reverse repo transaction concluded with the participation of a central counterparty) – total, including:	11130		X
3.1	government securities of the Republic of Kazakhstan, including those issued in accordance with the legislation of other states, issued by the Ministry of Finance of the Republic of Kazakhstan and the National Bank of the Republic of Kazakhstan	11131		100%
3.2	debt securities issued by local executive bodies of the Republic of Kazakhstan, included in the official list of the stock exchange operating on the territory of the Republic of Kazakhstan	11132		100%
3.3	debt securities issued by a legal entity carrying out the buyback of mortgage loans to individuals not related to entrepreneurial activity, one hundred percent of the shares of which belong to the National Bank of the Republic of Kazakhstan	11133		100%
3.4	debt securities issued by joint stock companies "Bank of Kazakhstan Development", "National Welfare Fund "Samruk-Kazyna", "National Managing Holding "Baýterek", "Problematic Loans Fund" in accordance with the legislation of the Republic of Kazakhstan and other states	11134		100%
3.5	non-government debt securities of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, included in the "debt securities" sector of the "Main" platform of the official list of the stock exchange, or non-government debt securities of legal entities of the Republic of Kazakhstan admitted to public trading on a stock exchange functioning on the territory of the International Financial Center "Astana", meeting the requirements of the stock exchange for inclusion in the "debt securities" sector of the "Main" platform of the official list of the stock exchange	11135		90%
3.6	non-government debt securities of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, included in the "debt securities" sector of the "Alternative" platform of the official list of the stock exchange, or non-government debt securities of legal entities of the Republic of Kazakhstan admitted to public trading on a stock exchange functioning on the territory of the International Financial Center "Astana", meeting the requirements of the stock exchange for inclusion in the "debt securities" sector of the "Alternative" platform of the official list of the stock exchange	11136		60%
3.7	non-government debt securities of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, having (whose issuer has) a rating assessment not lower than "BB-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, or a rating not lower than "kzA-" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of one of the other rating agencies	11137		100%
3.8	non-government debt securities of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, having (whose issuer has) a rating assessment from "BB+" to "BB-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, or a rating from "kzBBB+" to "kzBB-" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of one of the other rating agencies	11138		85%
3.9	non-government debt securities issued by international financial organizations having a rating assessment not lower than "AA-" of Standard & Poor's or a rating of a similar level of one of the other rating agencies, as well as debt securities issued by the Eurasian Development Bank and denominated in the national currency of the Republic of Kazakhstan	11139		100%
3.10	debt securities of foreign states having a sovereign rating not lower than "BBB-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies	11140		100%
3.11	debt securities of foreign states having a sovereign rating from "BB+" to "BB-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies	11141		90%
3.12	debt securities of foreign states having a sovereign rating from "B+" to "B-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies	11142		80%
3.13	non-government debt securities of foreign issuers having (whose issuer has) a rating assessment not lower than "BBB-" on the international scale of Standard & Poor's or a rating of one of the other rating agencies	11143		100%
3.14	non-government debt securities of foreign issuers having (whose issuer has) a rating assessment from "BB+" to "BB-" on the international scale of Standard & Poor's or a rating of one of the other rating agencies	11144		85%
3.15	non-government debt securities of foreign issuers having (whose issuer has) a rating assessment from "B+" to "B-" on the international scale of Standard & Poor's or a rating of one of the other rating agencies	11145		70%
4	Shares and depositary receipts (excluding shares and depositary receipts that are the subject of a reverse repo transaction concluded with the participation of a central counterparty) – total, including:	11150		X
4.1	shares of legal entities of the Republic of Kazakhstan and foreign issuers included in the main stock indices, and depositary receipts, the underlying asset of which is such shares	11151		100%
4.2	shares of legal entities included in the official list of the stock exchange, meeting the requirements of the "premium" category of the "shares" sector of the "Main" platform of the official list of the stock exchange and depositary receipts, the underlying asset of which is such shares	11152		100%
4.3	shares of legal entities – residents of the Republic of Kazakhstan, included in the "standard" category of the "shares" sector of the "Main" platform of the official list of the stock exchange, or shares of legal entities – residents of the Republic of Kazakhstan, included in the official list of the stock exchange functioning on the territory of the International Financial Center "Astana", admitted to public trading, and depositary receipts, the underlying asset of which is such shares, excluding shares and depositary receipts, the underlying asset of which is such shares specified in line 4.4 of this Appendix	11153		80%
4.4	shares of legal entities of the Republic of Kazakhstan, included in the "shares" sector of the "Alternative" platform of the official list of the stock exchange, or shares of legal entities of the Republic of Kazakhstan, included in the subsection of the official list "Segment of the Regional Stock Market" of the stock exchange functioning on the territory of the International Financial Center "Astana", admitted to public trading, and depositary receipts, the underlying asset of which is such shares	11154		60%
4.5	shares of legal entities of the Republic of Kazakhstan and foreign issuers having a rating assessment not lower than "BBB-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, and depositary receipts, the underlying asset of which is such shares	11155		100%
4.6	shares of legal entities of the Republic of Kazakhstan and foreign issuers having a rating assessment from "BB+" to "BB-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, and depositary receipts, the underlying asset of which is such shares	11156		80%
4.7	shares of legal entities of the Republic of Kazakhstan and foreign issuers having a rating assessment from "B+" to "B-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, and depositary receipts, the underlying asset of which is such shares	11157		60%
5	Other securities – total, including:	11160		X
5.1	securities of investment funds included in the official list of the stock exchange	11161		70%
5.2	units of Exchange Traded Funds (ETFs), the structure of assets of which repeats the structure of one of the main stock indices, or whose unit pricing is linked to main stock indices	11162		90%
5.3	units of Exchange Traded Funds (ETFs), Exchange Traded Commodities (ETCs), Exchange Traded Notes (ETNs), having a rating assessment not lower than "3 stars" of Morningstar rating agency	11163		80%
5.4	Islamic finance instruments of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, having (whose issuer has) a rating assessment not lower than "BBB-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, or a rating not lower than "kzAAA" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of one of the other rating agencies	11164		100%
5.5	Islamic finance instruments of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, having (whose issuer has) a rating assessment from "BB+" to "BB-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, or a rating from "kzAA+" to "kzA-" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of one of the other rating agencies	11165		90%
5.6	Islamic finance instruments of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, having (whose issuer has) a rating assessment from "B+" to "B-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, or a rating from "kzBBB+" to "kzBB-" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of one of the other rating agencies	11166		80%
5.7	Islamic finance instruments of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, the parent organizations of which have a rating assessment not lower than "BBB-" on the international scale of Standard & Poor's or a rating assessment of a similar level of one of the other rating agencies	11167		90%
5.8	securities that are the subject of a reverse repo transaction concluded with the participation of a central counterparty	11168		100%
6	Other assets – total, including:	11170		X
6.1	refined precious metals and metal accounts	11171		100%
6.2	loans to policyholders of the insurance (reinsurance) organization carrying out activities in the "life insurance" industry, in an amount of 100 (one hundred) percent of the principal debt amount	11172		100%
6.3	fixed assets in the form of real estate in an amount not exceeding 5 (five) percent of the sum of high-liquidity assets of the insurance (reinsurance) organization	11173		100%
6.4	software purchased for the purposes of the main activity of the insurance (reinsurance) organization (at cost taking into account accumulated depreciation and not exceeding 10 (ten) percent of the sum of high-liquidity assets of the insurance (reinsurance) organization)	11174		100%
6.5	amounts receivable from reinsurers, insurance premiums receivable from policyholders (retrocedors) and intermediaries: before January 1, 2022: in an amount not exceeding 10 (ten) percent of the sum of high-liquidity assets of the insurance (reinsurance) organization, excluding insurance premiums receivable from legal entities specified in sub-item 11) of paragraph 34 of the Normatives; from January 1, 2022: in an amount not exceeding 10 (ten) percent of the sum of high-liquidity assets of the insurance (reinsurance) organization	11175		100%
6.6	claims against issuers of securities for payment of the nominal value of securities arising due to the expiration of their circulation period provided for by the prospectus of issuance of securities (not overdue according to the terms of the prospectus of issuance of securities)	11176		100%
6.7	before January 1, 2022: insurance premiums receivable in an amount not exceeding 15 (fifteen) percent of the sum of high-liquidity assets of the insurance (reinsurance) organization, when the policyholder is: a legal entity, more than 50 (fifty) percent of voting shares (participation shares in authorized capital) of which directly or indirectly belong to the national managing holding, or; a legal entity with a rating not lower than "BB+" of Standard & Poor's rating agency or other rating agencies, or; a large systemically important enterprise meeting the following criteria: revenue from sales of products (provision of services) is not less than 50 (fifty) billion tenge annually for the last 2 (two) years; tax payments are not less than 3 (three) billion tenge annually for the last 2 (two) years	11177		100%
7	Total assets taking into account their classification by quality and liquidity - A - ("11110" + "11120" + "11130" + "11150" + "11160" + "11170")	12000	X	X
8	Insurance reserves minus the reinsurer's share - IR	13000		X
9	Liabilities, except for the amount of insurance reserves	14000
10	Actual solvency margin calculated taking into account the classification of assets by quality and liquidity ("12000" - "13000" - "14000")	15000	X	X
11	Sum of assets minus reinsurance assets	16000		X
Calculation of asset diversification normatives
Total book value of investments in securities (taking into account "reverse repo" transactions), deposits and cash in one second-level bank and affiliated persons of this bank, Bank of Kazakhstan Development, – (N1-1), meeting the requirements of sub-item 1) of paragraph 42 of the Normatives: before January 1, 2022 – no more than 20 (twenty) percent of the sum of assets calculated in accordance with paragraph 34 of the Normatives; from January 1, 2022 – no more than 50 (fifty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for formation, methodology for calculating insurance reserves and their structure; from January 1, 2023 – no more than 30 (thirty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for formation, methodology for calculating insurance reserves and their structure; from January 1, 2024 – no more than 20 (twenty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for formation, methodology for calculating insurance reserves and their structure.
№	Name of Issuer	Category/ Rating of Issuer	Balance Sheet Amount		Percentage of Asset Sum
1	2	3	4		5
1.	Second-level Bank
1.1.	name of second-level bank
1.1.1.	shares
1.1.2.	debt securities
1.1.3.	deposits in the bank
1.1.4.	cash in the bank
1.1.5.	"reverse repo" transactions
2.	Affiliated persons of the bank
2.1.	name of affiliated person of the bank
2.1.1.	shares
2.1.2	debt securities
2.1.3.	deposits
2.1.4.	cash
2.1.5.	"reverse repo" transactions
...	………….
n.	………….
	Total (sum of lines 1 - n)
Total book value of investments in securities (taking into account "reverse repo" transactions), deposits and cash in one second-level bank and affiliated persons of this bank (N1-2), meeting the requirements of sub-item 2) of paragraph 42 of the Normatives: before January 1, 2022 – no more than 15 (fifteen) percent of the sum of assets calculated in accordance with paragraph 34 of the Normatives; from January 1, 2022 – no more than 30 (thirty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for formation, methodology for calculating insurance reserves and their structure; from January 1, 2023 – no more than 20 (twenty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for formation, methodology for calculating insurance reserves and their structure; from January 1, 2024 – no more than 15 (fifteen) percent of the sum of general insurance reserves calculated in accordance with the Requirements for formation, methodology for calculating insurance reserves and their structure.
№	Name of Issuer	Category/ Rating of Issuer	Balance Sheet Amount		Percentage of Asset Sum
1	2	3	4		5
1	Second-level Bank
1.1	name of second-level bank
1.1.1	shares
1.1.2	debt securities
1.1.3	deposits in the bank
1.1.4	cash in the bank
1.1.5	"reverse repo" transactions
2	Affiliated persons of the bank
2.1	name of affiliated person of the bank
2.1.1	shares
2.1.2	debt securities
2.1.3	deposits
2.1.4	cash
2.1.5	"reverse repo" transactions
...	………….
n.	………….
	Total (sum of lines 1 - n)

Total book value of investments in securities (including reverse repurchase agreements), deposits and money in one second-level bank and its affiliated entities – (ND1-3), meeting the requirements of subparagraph 3) of paragraph 42 of the Standards: until January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with paragraph 34 of the Standards; from January 1, 2022 – no more than 30 (thirty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure; from January 1, 2023 – no more than 20 (twenty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure; from January 1, 2024 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure.
No.	Name of Issuer	Category/Rating of Issuer	Book Value Sum		Percentage of Asset Sum
1	2	3	4		5
1	Second-Level Bank
1.1	name of the second-level bank
1.1.1	shares
1.1.2	debt securities
1.1.3	deposits in the bank
1.1.4	money in the bank
1.1.5	reverse repo operations
2	Affiliated Entities of the Bank
2.1	name of the bank's affiliated entity
2.1.1	shares
2.1.2	debt securities
2.1.3	deposits
2.1.4	money
2.1.5	reverse repo operations
...	………….
n	………….
	Total (sum of rows 1 - n)
Total book value of investments in securities (including reverse repurchase operations) and money in one legal entity that is not a second-level bank, excluding the Development Bank of Kazakhstan, and in affiliated entities of such legal entity (ND2): until January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with paragraph 34 of the Standards; from January 1, 2022 – no more than 30 (thirty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure; from January 1, 2023 – no more than 20 (twenty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure; from January 1, 2024 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure.
No.	Name of Issuer	Issuer Category	Book Value Sum		Percentage of Asset Sum
1	2	3	4		5
1	Legal Entity
1	Name of the legal entity
1.1	shares
1.2	debt securities
1.3	reverse repo operations
1.4	money
2	Name of Affiliated Entity
2.1	shares
2.2	debt securities
2.3	reverse repo operations
2.4	money
…	…………….
n	…………….
	Total (sum of rows 1 - n)
No.	Indicator Name	Book Value Sum		Percentage of Asset Sum
1	Total placement in refined precious metals and metal accounts (ND4): until January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with paragraph 34 of the Standards; from January 1, 2022 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure
2	Total size of loans to policyholders of the insurance (reinsurance) organization engaged in the "life insurance" industry – (ND5): until January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with paragraph 34 of the Standards; from January 1, 2022 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure
3	Total book value of investments in securities (including reverse repurchase operations) having the status of state securities issued by the central government of a foreign country (ND6): until January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with paragraph 34 of the Standards; from January 1, 2022 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure
4	Total book value of investments in securities (including reverse repurchase operations) of an international financial organization included in the list determined by paragraph 39 of the Standards (ND7): until January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with paragraph 34 of the Standards; from January 1, 2022 – no more than 30 (thirty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure; from January 1, 2023 – no more than 20 (twenty) percent of the sum of general insurance reserves calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure; from January 1, 2024 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure
5	Total book value of investments in units meeting the requirements of subparagraphs 23) and 24) of paragraph 38 of the Standards (ND8): until January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with paragraph 34 of the Standards; from January 1, 2022 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure
6	Total book value of investments in units of open and interval unit investment funds, net of impairment reserve (ND8-1): until January 1, 2022 – no more than 5 (five) percent of the sum of assets calculated in accordance with paragraph 34 of the Standards; from January 1, 2022 – no more than 5 (five) percent of the sum of general insurance reserves calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure
7	Total book value of investments in debt securities issued by local executive bodies of the Republic of Kazakhstan, taking into account principal amounts and accrued remuneration, net of impairment reserve (ND9): until January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with paragraph 34 of the Standards; from January 1, 2022 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure
8	Total book value of investments in Islamic financing instruments meeting the requirements of subparagraphs 25) and 26) of paragraph 38 of the Standards, net of impairment reserve (ND10): until January 1, 2022 – no more than 10 (ten) percent of the sum of assets calculated in accordance with paragraph 34 of the Standards; from January 1, 2022 – no more than 10 (ten) percent of the sum of general insurance reserves calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure

Table 6. Calculation of the high-liquidity asset adequacy ratio for an insurance (reinsurance) organization


№	Indicator Name	Balance Sheet Amount	Accounted Volume	Amount for Calculation
1	2	3	4	5
1	Cash – total, including:		X
1.1	cash in vaults in an amount not exceeding 1 (one) percent of the assets of the insurance (reinsurance) organization minus reinsurance assets		100%
1.2	funds of the insurance (reinsurance) organization at accounts with organizations engaged in brokerage and/or dealer activities in the securities market, held in second-tier banks of the Republic of Kazakhstan and in the central depository		100%
1.3	funds in current accounts in second-tier banks of the Republic of Kazakhstan specified in lines 2.1 and 2.2 of this Appendix		100%
1.4	funds in current accounts in second-tier banks of the Republic of Kazakhstan specified in line 2.3 of this Appendix		90%
1.5	funds of the insurance (reinsurance) organization at accounts with organizations engaged in investment portfolio management activities, held in second-tier banks of the Republic of Kazakhstan		100%
2	Deposits – total, including:		X
2.1	deposits in second-tier banks of the Republic of Kazakhstan provided that these banks are issuers whose shares are included in the "premium" category of the "stocks" sector of the "Main" platform of the official list of the stock exchange or are in the representative list of the stock exchange index		100%
2.2	deposits in second-tier banks of the Republic of Kazakhstan meeting one of the following requirements: having a long-term credit rating not lower than "B" on the international scale of Standard & Poor's or a rating of a similar level from another rating agency, or a rating assessment not lower than "kzBB+" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of another rating agency; being resident subsidiary banks of the Republic of Kazakhstan whose parent non-resident banks have a long-term foreign currency credit rating not lower than "A-" on the international scale of Standard & Poor's or a rating of a similar level from another rating agency		100%
2.3	deposits in second-tier banks of the Republic of Kazakhstan having a long-term credit rating of "B-" on the international scale of Standard & Poor's or a rating of a similar level from another rating agency, or a rating assessment from "kzBB" to "kzBB-" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of another rating agency		90%
2.4	deposits in international financial organizations having a long-term rating not lower than "AA-" from Standard & Poor's or a rating of a similar level from another rating agency, deposits in the Eurasian Development Bank in the national currency of the Republic of Kazakhstan		100%
2.5	deposits in non-resident banks having a long-term rating not lower than "BBB-" on the international scale of Standard & Poor's or a rating of a similar level from another rating agency		100%
3	Debt securities (excluding debt securities that are the subject of a reverse repurchase agreement concluded with the participation of a central counterparty) – total, including:		X
3.1	state securities of the Republic of Kazakhstan, including those issued in accordance with the legislation of other states, issued by the Ministry of Finance of the Republic of Kazakhstan and the National Bank of the Republic of Kazakhstan		100%
3.2	debt securities issued by local executive bodies of the Republic of Kazakhstan, included in the official list of the stock exchange operating on the territory of the Republic of Kazakhstan		100%
3.3	debt securities issued by a legal entity engaged in the buyout of mortgage loans to individuals not related to entrepreneurial activity, one hundred percent of the shares of which belong to the National Bank of the Republic of Kazakhstan		100%
3.4	debt securities issued by the Joint Stock Companies "Bank for Development of Kazakhstan", "National Welfare Fund "Samruk-Kazyna", "National Managing Holding "Baiterek", "Problematic Loans Fund" in accordance with the legislation of the Republic of Kazakhstan and other states		100%
3.5	non-state debt securities of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, included in the "debt securities" sector of the "Main" platform of the official list of the stock exchange, or non-state debt securities of legal entities of the Republic of Kazakhstan admitted to public trading on a stock exchange functioning on the territory of the International Financial Center "Astana", meeting the stock exchange requirements for inclusion in the "debt securities" sector of the "Main" platform of the official list of the stock exchange		90%
3.6	non-state debt securities of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, included in the "debt securities" sector of the "Alternative" platform of the official list of the stock exchange, or non-state debt securities of legal entities of the Republic of Kazakhstan admitted to public trading on a stock exchange functioning on the territory of the International Financial Center "Astana", meeting the stock exchange requirements for inclusion in the "debt securities" sector of the "Alternative" platform of the official list of the stock exchange		60%
3.7	non-state debt securities of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, having (the issuer of which has) a rating assessment not lower than "BB-" on the international scale of Standard & Poor's or a rating of a similar level from another rating agency, or a rating not lower than "kzA-" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of another rating agency		100%
3.8	non-state debt securities of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, having (the issuer of which has) a rating assessment from "B+" to "B-" on the international scale of Standard & Poor's or a rating of a similar level from another rating agency, or a rating from "kzBBB+" to "kzBB-" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of another rating agency		85%
3.9	non-state debt securities issued by international financial organizations having a rating assessment not lower than "AA-" from Standard & Poor's or a rating of a similar level from another rating agency, as well as debt securities issued by the Eurasian Development Bank and denominated in the national currency of the Republic of Kazakhstan		100%
3.10	debt securities of foreign states having a sovereign rating not lower than "BBB-" on the international scale of Standard & Poor's or a rating of a similar level from another rating agency		100%
3.11	debt securities of foreign states having a sovereign rating from "BB+" to "BB-" on the international scale of Standard & Poor's or a rating of a similar level from another rating agency		90%
3.12	debt securities of foreign states having a sovereign rating from "B+" to "B-" on the international scale of Standard & Poor's or a rating of a similar level from another rating agency		80%
3.13	non-state debt securities of foreign issuers having (the issuer of which has) a rating assessment not lower than "BBB-" on the international scale of Standard & Poor's or a rating from another rating agency		100%
3.14	non-state debt securities of foreign issuers having (the issuer of which has) a rating assessment from "BB+" to "BB-" on the international scale of Standard & Poor's or a rating from another rating agency		85%
3.15	non-state debt securities of foreign issuers having (the issuer of which has) a rating assessment from "B+" to "B-" on the international scale of Standard & Poor's or a rating from another rating agency		70%
4	Shares and depositary receipts (excluding shares and depositary receipts that are the subject of a reverse repurchase agreement concluded with the participation of a central counterparty) – total, including:		X
4.1	shares of legal entities of the Republic of Kazakhstan and foreign issuers included in major stock indices, and depositary receipts whose underlying asset is such shares		100%
4.2	shares of legal entities included in the official list of the stock exchange, meeting the requirements of the "premium" category of the "stocks" sector of the "Main" platform of the official list of the stock exchange, and depositary receipts whose underlying asset is such shares		100%
4.3	shares of legal entities – residents of the Republic of Kazakhstan included in the "standard" category of the "stocks" sector of the "Main" platform of the official list of the stock exchange, or shares of legal entities – residents of the Republic of Kazakhstan included in the official list of the stock exchange functioning on the territory of the International Financial Center "Astana", admitted to public trading, and depositary receipts whose underlying asset is such shares, excluding shares and depositary receipts whose underlying asset is such shares specified in line 4.4 of this Appendix		80%
4.4	shares of legal entities of the Republic of Kazakhstan included in the "stocks" sector of the "Alternative" platform of the official list of the stock exchange, or shares of legal entities of the Republic of Kazakhstan included in the sub-section of the official list "Segment of the Regional Stock Market" of the stock exchange functioning on the territory of the International Financial Center "Astana", admitted to public trading, and depositary receipts whose underlying asset is such shares		60%
4.5	shares of legal entities of the Republic of Kazakhstan and foreign issuers having a rating assessment not lower than "BBB-" on the international scale of Standard & Poor's or a rating of a similar level from another rating agency, and depositary receipts whose underlying asset is such shares		100%
4.6	shares of legal entities of the Republic of Kazakhstan and foreign issuers having a rating assessment from "BB+" to "BB-" on the international scale of Standard & Poor's or a rating of a similar level from another rating agency, and depositary receipts whose underlying asset is such shares		80%
4.7	shares of legal entities of the Republic of Kazakhstan and foreign issuers having a rating assessment from "B+" to "B-" on the international scale of Standard & Poor's or a rating of a similar level from another rating agency, and depositary receipts whose underlying asset is such shares		60%
5	Other securities – total, including:		X
5.1	securities of investment funds included in the official list of the stock exchange		70%
5.2	units of Exchange Traded Funds whose asset structure repeats the structure of one of the major stock indices, or whose pricing is linked to major stock indices		90%
5.3	units of Exchange Traded Funds, Exchange Traded Commodities, Exchange Traded Notes having a rating assessment not lower than "3 stars" from Morningstar rating agency		80%
5.4	Islamic financing instruments of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, having a rating assessment not lower than "BBB-" on the international scale of Standard & Poor's or a rating of a similar level from another rating agency, or a rating not lower than "kzAAA" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of another rating agency		100%
5.5	Islamic financing instruments of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, having a rating assessment from "BB+" to "BB-" on the international scale of Standard & Poor's or a rating of a similar level from another rating agency, or a rating from "kzAA+" to "kzA-" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of another rating agency		90%
5.6	Islamic financing instruments of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, having a rating assessment from "B+" to "B-" on the international scale of Standard & Poor's or a rating of a similar level from another rating agency, or a rating from "kzBBB+" to "kzBB-" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of another rating agency		80%
5.7	Islamic financing instruments of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, whose parent organizations have a rating assessment not lower than "BBB-" on the international scale of Standard & Poor's or a rating of a similar level from another rating agency		90%
5.8	securities that are the subject of a reverse repurchase agreement concluded with the participation of a central counterparty		100%
6	Other assets – total, including:		X
6.1	refined precious metals and metal accounts		100%
6.2	claims against issuers of securities for payment of the nominal value of securities arising upon expiration of their circulation period stipulated by the securities issuance prospectus (not overdue according to the terms of the securities issuance prospectus)		100%
7	Total Highly Liquid Assets – HLA
8	Obligations under Repo Operations
9	Insurance Reserves minus Reinsurer's Share – IR
10	High Liquidity Asset Adequacy Ratio

Name ______

Address______

Phone ______

Email Address ______

Executor______ ______

surname, name and patronymic (if any) signature, phone

Head or person assigned the function of signing the report

surname, name and patronymic (if any) signature, phone

Date "____" ______ 20__ year

Appendix

to the reporting form on compliance

by an insurance

(reinsurance) organization

of prudential standards

Explanation for filling out the administrative data form

Report on compliance with prudential standards by an insurance (reinsurance) organization

(index – 1-PN_M, frequency – monthly)

Chapter 1. General Provisions

This Explanation (hereinafter – Explanation) defines uniform requirements for filling out the form intended for collecting administrative data "Report on compliance with prudential standards by an insurance (reinsurance) organization" (hereinafter – Form).
The Form is developed in accordance with paragraphs 10 and 10-1 of Article 46 of the Law of the Republic of Kazakhstan "On Insurance Activity".
The Form is compiled by an insurance (reinsurance) organization monthly and filled out as of the end of the reporting period.
The unit of measurement used when filling out the Form is set in thousands of tenge and in percentages (to two decimal places). An amount less than 500 (five hundred) tenge is rounded to 0 (zero), and an amount equal to 500 (five hundred) tenge and above is rounded to 1,000 (one thousand) tenge.
The Form is signed by the head or the person assigned the function of signing the report, and the executor.

Chapter 2. Explanation for Filling out the Form

For the purposes of filling out the Form, in addition to rating assessments from Standard & Poor's rating agency, rating assessments from other rating agencies are recognized as assessments from Moody's Investors Service, Fitch, A.M. Best, and Morningstar, as well as their subsidiary rating organizations in accordance with the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated December 26, 2016 No. 304 "On Establishing Normative Values and Calculation Methodologies for Prudential Standards of an Insurance (Reinsurance) Organization and Insurance Group and Other Mandatory Compliance Norms and Limits, Requirements for Acquiring Stocks (Shares in Authorized Capital) of Legal Entities by Insurance (Reinsurance) Organizations, Subsidiary Organizations of Insurance (Reinsurance) Organizations or Insurance Holdings, List of Bonds of International Financial Organizations Acquired by Insurance Holdings, Minimum Required Rating for Bonds Acquired by Insurance Holdings, and List of Rating Agencies, as well as List of Financial Instruments (Excluding Stocks and Shares in Authorized Capital) Acquired by Insurance (Reinsurance) Organizations", registered in the Registry of State Registration of Regulatory Legal Acts under No. 14794 (hereinafter – Resolution No. 304).
Regarding Table 1:

1) in line 1, the value of the solvency margin adequacy ratio is indicated;

2) in lines 1.1, 1.2, 1.3, 1.4, 1.5, 1.6, 1.7, and 1.8, values for calculating the solvency margin adequacy ratio are indicated;

3) in line 15, information on compliance with the high liquidity asset adequacy ratio is indicated ("yes" or "no"). The high liquidity asset adequacy ratio must be no less than 1 (one). In case of non-compliance by the insurance (reinsurance) organization with the high liquidity asset adequacy ratio, the ratio value is set to "no".

When increasing the minimum size of the solvency margin by the amount of obligations transferred (to be transferred) in reinsurance to insurance (reinsurance) organizations – residents and non-residents of the Republic of Kazakhstan under existing reinsurance contracts, when filling out Table 2, the minimum rating among available rating assessments on the international or national scale of Standard & Poor's, Moody's Investors Service, Fitch, and A.M. Best rating agencies, as well as their subsidiary rating organizations, is used in accordance with Resolution No. 304.
Regarding Table 3:

1) in line 1000, the calculated value of the minimum size of the solvency margin "by premium method" is indicated;

2) in line 2110, the sum of insurance payouts accrued over the previous 3 (three) financial years is indicated, according to the values of lines 2111, 2112, and 2113;

3) in lines 2210, 2310, 2320, the sum of the reserve for reported but unsettled losses is indicated;

4) in line 2000, the calculated value of the minimum size of the solvency margin "by payout method" is indicated;

5) in line 3000, the largest value from the values indicated in lines 1000 and 2000 is indicated;

6) in line 9000, the minimum size of the solvency margin for the reporting period is indicated;

7) in line 500, the value of the solvency margin adequacy ratio equal to the ratio of actual solvency margin to the minimum size of the solvency margin (line 300/line 400) is indicated.

Regarding Table 4:

1) in line 1000, the calculated value of the minimum size of the solvency margin for the classes "life insurance" and "annuity insurance" is indicated;

2) in line 3000, the calculated value of the minimum size of the solvency margin for these insurance classes is indicated;

3) in line 8000, the minimum size of the solvency margin is indicated;

4) in line 500, the value of the solvency margin adequacy ratio equal to the ratio of actual solvency margin to the minimum size of the solvency margin (line 300/line 400) is indicated.

Regarding Table 5:

1) if a financial instrument meets two or more criteria established in Table 5, the category of the financial instrument is determined independently by the insurance (reinsurance) organization;

2) in column 4, the book value as of the end of the last calendar day of the reporting period is indicated;

3) in line 12000, the sum of assets taking into account their classification by quality and liquidity of the insurance (reinsurance) organization is indicated, calculated in accordance with paragraph 30 of the Standards;

4) in line 13000, the sum of insurance reserves of the insurance (reinsurance) organization minus the reinsurer's share is indicated;

5) in line 15000, the actual solvency margin is indicated, calculated taking into account the classification of assets by quality and liquidity, corresponding to the requirements of paragraph 33 of the Standards.

Regarding Table 6:

1) if a financial instrument meets two or more criteria established in Table 6, the category of the financial instrument is determined independently by the insurance (reinsurance) organization;

2) in column 3, the book value as of the end of the last calendar day of the reporting period is indicated;

3) in line 9, the sum of insurance reserves of the insurance (reinsurance) organization minus the reinsurer's share is indicated;

4) in line 10, the high liquidity asset adequacy ratio is indicated, equal to the ratio of highly liquid assets of the insurance (reinsurance) organization (minus obligations under repo operations) to insurance reserves minus the reinsurer's share.

Appendix 3

to the List of Some Resolutions

of the Board of the National Bank

of the Republic of Kazakhstan

into which

amendments and additions are made

on issues of reporting submission

by participants in the insurance market and

securities market

Appendix 18

to the Resolution of the Board

of the National Bank

of the Republic of Kazakhstan

dated December 31, 2019 No. 275

Form intended for collecting administrative data

Submitted to: National Bank of the Republic of Kazakhstan

The administrative data form is posted on the website: www.nationalbank.kz

Insurance Payouts Report

Administrative data form index: 18 - I(R)O_M

Frequency: monthly

Reporting period: as of "___"______20__year

Entities submitting the report: insurance (reinsurance) organization, Islamic insurance (reinsurance) organization

Deadline for submitting the administrative data form: monthly, no later than the 6th (sixth) working day of the month following the reporting month

Form

Table. Insurance Payouts

(in thousands of tenge)


No.	Name of Insurance Classes	Expenses for Insurance Payouts
Total	including
under contracts accepted for insurance		under contracts accepted for reinsurance
individuals	legal entities	from residents	from non-residents
1	2	3	4	5	6	7
1	Mandatory Insurance
1.1	civil liability of vehicle owners
1.2	civil liability of carriers towards passengers
1.3	crop insurance
1.4	civil liability insurance of private notaries
1.5	environmental insurance
1.6	civil liability of audit organizations
1.7	tourist insurance
1.8	civil liability of owners of objects whose activity is associated with the danger of causing harm to third parties
1.9	insurance of employees against accidents while performing their labor (official) duties
1.10	other types (classes) of insurance
2	Voluntary Personal Insurance
2.1	life insurance
2.2	annuity insurance, including
2.2.1	pension annuity contracts
2.2.2	annuity contracts
2.2.3	other types of annuity insurance
2.3	accident insurance
2.4	illness insurance, including:
2.4.1	traveling abroad
2.5	other types (classes) of insurance
3	Voluntary Property Insurance
3.1	motor vehicle insurance
3.2	railway transport insurance
3.3	air transport insurance
3.4	water transport insurance
3.5	space object insurance
3.6	cargo insurance
3.7	property damage insurance, excluding classes indicated in rows 3.1-3.6 of this Form
3.8	civil liability insurance of motor vehicle owners
3.9	civil liability insurance of air transport owners
3.10	civil liability insurance of water transport owners
3.11	civil liability insurance of space object owners
3.12	professional liability insurance
3.13	civil liability insurance, excluding classes indicated in rows 3.8-3.12 of this Form
3.14	loan insurance
3.15	mortgage insurance
3.16	guarantee and suretyship insurance
3.17	other financial loss insurance
3.18	financial institution loss insurance, excluding classes indicated in rows 3.14-3.17 of this Form
3.19	title insurance
3.20	litigation expense insurance
3.21	other types (classes) of insurance
4	Total

continuation of the table:


Number of Claimed Claims	Number of Insurance Payouts			Recovery under Recourse Claim	Recovery Transferred to Reinsurer under Recourse Claim
Total	including
individuals	legal entities
8	9	10	11	12	13
…

continuation of the table:


Recovery of Expenses for Risks Transferred to Reinsurance		Net Expenses for Insurance Payouts	Expenses for Settlement of Insurance Losses
Total	including
from residents	from non-residents
14	15	16	17	18
…

Name ______

Address ______

Phone ______

Email Address ______

Executor ______ ______

surname, name and patronymic (if any), signature, phone

Head or person entrusted with the function of signing the report

surname, name and patronymic (if any), signature, phone

Date "____" ______ 20__ year

Appendix

to the Insurance Payouts Report Form

Explanation for filling out the administrative data form

Insurance Payouts Report

(index – 18 - I(R)O_M, frequency – monthly)

Chapter 1. General Provisions

This explanation (hereinafter – Explanation) defines uniform requirements for filling out the form intended for collecting administrative data "Insurance Payouts Report" (hereinafter – Form).
The Form is developed in accordance with paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity."
The Form is compiled monthly by the insurance (reinsurance) organization, Islamic insurance (reinsurance) organization as of the end of the reporting period. Data in the Form is filled in thousands of tenge. An amount less than 500 (five hundred) tenge is rounded to 0 (zero), and an amount equal to 500 (five hundred) tenge and above is rounded to 1000 (one thousand) tenge.
The Form is signed by the head or person entrusted with the function of signing the report, and the executor.

Chapter 2. Explanation for Filling out the Form

In column 8, the number of claimed claims registered in the insurance loss report of the insurance (reinsurance) organization for the period from the beginning of the reporting year (cumulative) is indicated.
In column 9, the number of insurance payouts for the period from the beginning of the reporting year (cumulative) is indicated. Insurance payouts made in the form of periodic payments under annuity insurance contracts to the same beneficiary for one insurance case are indicated as one insurance payout.
In columns 10 and 11 "number of insurance payouts," information is provided regarding the policyholder (beneficiary) who is the actual recipient of the insurance payout.
In column 17, the value of column 3 minus the values of columns 12 and 14, plus the value of column 13, is indicated.
In column 18, the amount of additional expenses of the insurance (reinsurance) organization for acquiring services (appraiser services and legal services) related to the implementation of insurance payouts is indicated.
In row 2.2.1, pension annuity contracts concluded in accordance with the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan" are indicated.
In row 2.2.2, annuity contracts concluded in accordance with the Law of the Republic of Kazakhstan "On Mandatory Insurance of Employees Against Accidents While Performing Their Labor (Official) Duties" are indicated.
In the absence of information, the Form is submitted with zero balances.

Appendix 4

to the List of Certain Resolutions

of the Board of the National Bank

of the Republic of Kazakhstan,

in which

amendments and additions are made

regarding reporting

by participants in the insurance market and

securities market

Appendix 23

to the Resolution of the Board

of the National Bank

of the Republic of Kazakhstan

dated December 31, 2019 No. 275

Form intended for collecting administrative data

Submitted to: National Bank of the Republic of Kazakhstan

The administrative data form is posted on the website: www.nationalbank.kz

Report on Insurance (Reinsurance) Transactions and Contracts Concluded with Persons Related to the Insurance (Reinsurance) Organization, Islamic Insurance (Reinsurance) Organization by Special Relations

Administrative data form index: 23 - I(R)O_M

Frequency: quarterly

Reporting period: as of "___"______20__year

Entities submitting the report: insurance (reinsurance) organization, Islamic insurance (reinsurance) organization

Deadline for submitting the administrative data form: quarterly, no later than the 10th (tenth) working day of the month following the reporting quarter

Form

Table 1. Other Operations

(in thousands of tenge)

No. p/p	Name (surname, name, patronymic (if any) of the person	Business Identification Number (for a legal entity), Individual Identification Number (if available for an individual)	Sign according to which the person is classified as a person related to the insurance (reinsurance) organization by special relations	Type of Operation	Currency Type	Transaction Amount under Contract (in thousands of tenge)	Date of Conclusion (date of start of performance of conditions) of Contract	Date of Expiration (date of end of performance of conditions) of Contract
1	2	3	4	5	6	7	8	9
1
…

continuation of the table:

Collateral under Contract Conditions		Payable Remuneration (as a percentage per annum)		Details of the Decision of the Board of Directors of the Insurance (Reinsurance) Organization or General Meeting of Shareholders (in the absence of a Board of Directors)		Current Balance as of the Reporting Date, in thousands of tenge
type	cost, in thousands of tenge	by a person related to the insurance (reinsurance) organization by special relations in favor of the insurance (reinsurance) organization	by the insurance (reinsurance) organization in favor of a person related to the insurance (reinsurance) organization by special relations
number	date
10	11	12	13	14	15	16
…

| Total transaction amount of the insurance (reinsurance) organization with persons related to the insurance (reinsurance) organization by special relations (excluding insurance payouts), the sum of which for each type of operation of the insurance (reinsurance) organization with a person related to the insurance (reinsurance) organization by special relations does not exceed 0.1 percent in aggregate of the size of the actual solvency margin, calculated in accordance with the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated December 26, 2016 No. 304 "On Establishing Normative Values and Calculation Methodologies for Prudential Normatives of Insurance (Reinsurance) Organizations and Insurance Groups and Other Mandatory Standards and Limits, Requirements for Acquired Shares (Participation Interests in Authorized Capital) of Legal Entities by Insurance (Reinsurance) Organizations, Subsidiary Organizations of Insurance (Reinsurance) Organizations or Insurance Holdings, List of Bonds of International Financial Organizations Acquired by Insurance Holdings, Minimum Required Rating for Bonds Acquired by Insurance Holdings, and List of Rating Agencies, as well as List of Financial Instruments (Excluding Shares and Participation Interests in Authorized Capital) Acquired by Insurance (Reinsurance) Organizations", registered in the Registry of State Registration of Normative Legal Acts of the Republic of Kazakhstan under No. 14794, as of "___" ______ 20 __ year, amounts to ______ thousand tenge. The insurance (reinsurance) organization, Islamic insurance (reinsurance) organization confirms that preferential conditions were not provided to persons related to the insurance (reinsurance) organization by special relations during the reporting period, and no other transactions with persons related to the insurance (reinsurance) organization by special relations, other than those indicated in this Form, were carried out by the insurance (reinsurance) organization. |

Table 2. Under Insurance and Reinsurance Contracts

(in thousands of tenge)

No. p/p	Name of Insurance Classes	Insurance Premiums Accepted under Insurance Contracts				Number of Contracts Concluded (units)
total	including under contracts concluded:
with second-level banks	with others		total	including under contracts concluded:
individuals	legal entities	individuals	legal entities
1	2	3	4	5	6	7	8	9
1	Mandatory Insurance
1.1	civil liability of vehicle owners
1.2	civil liability of carriers towards passengers
1.3	crop insurance
1.4	civil liability insurance of private notaries
1.5	environmental insurance
1.6	civil liability of audit organizations				x			x
1.7	tourist insurance
1.8	civil liability of owners of objects whose activity is associated with the danger of causing harm to third parties
1.9	insurance of employees against accidents while performing their labor (official) duties
1.10	other types (classes) of insurance
2	Voluntary Personal Insurance
2.1	life insurance
2.2	annuity insurance, including
2.2.1	pension annuity contracts				x			x
2.2.2	annuity contracts
2.2.3	other types of annuity insurance
2.3	accident insurance
2.4	illness insurance, including:
2.4.1	traveling abroad
2.5	other types (classes) of insurance
3	Voluntary Property Insurance
3.1	motor vehicle insurance
3.2	railway transport insurance
3.3	air transport insurance
3.4	water transport insurance
3.5	space object insurance
3.6	cargo insurance
3.7	property damage insurance, excluding classes indicated in rows 3.1-3.6 of this Form
3.8	civil liability insurance of motor vehicle owners
3.9	civil liability insurance of air transport owners
3.10	civil liability insurance of water transport owners
3.11	civil liability insurance of space object owners
3.12	professional liability insurance
3.13	civil liability insurance, excluding classes indicated in rows 3.8-3.12 of this Form
3.14	loan insurance
3.15	mortgage insurance
3.16	guarantee and suretyship insurance
3.17	other financial loss insurance
3.18	financial institution loss insurance, excluding classes indicated in rows 3.14-3.17 of this Form
3.19	title insurance
3.20	litigation expense insurance
3.21	other types (classes) of insurance
4	Total

continuation of the table:

Insurance Payouts Made under Insurance Contracts				Volume of Obligations under Insurance Contracts			Insurance Premiums Accepted under Reinsurance Contracts Concluded with Insurance (Reinsurance) Organizations Related by Special Relations
total	including under contracts concluded:
with second-level banks	with others		Total	including under contracts concluded
individuals	legal entities	individuals	legal entities
10	11	12	13	14	15	16	17






		x			x





		x			x
…

continuation of the table:

Insurance Payouts Made under Reinsurance Contracts Concluded with Insurance (Reinsurance) Organizations Related by Special Relations	Volume of Obligations (Liability Limit) under Contracts Accepted for Reinsurance	Insurance Premiums Transferred under Reinsurance Contracts to Reinsurance Organizations Related by Special Relations	Recovery Received under Reinsurance Contracts from Reinsurance Organizations Related by Special Relations	Volume of Obligations Transferred to Reinsurance
18	19	20	21	22
…

Name ______

Address ______

Phone ______

Email Address ______

Executor ______ ______

surname, name and patronymic (if any), signature, phone

Head or person entrusted with the function of signing the report

surname, name and patronymic (if any), signature, phone

Date "____" ______ 20__ year

Appendix

to the Report Form on Insurance (Reinsurance) Transactions and Contracts

Concluded with Persons Related to the

Insurance (Reinsurance) Organization,

Islamic Insurance (Reinsurance)

Organization by Special Relations

Explanation for filling out the administrative data form

(index – 23 - I(R)O_M, frequency – quarterly)

Chapter 1. General Provisions

This explanation (hereinafter – Explanation) defines uniform requirements for filling out the form intended for collecting administrative data "Report on Insurance (Reinsurance) Transactions and Contracts Concluded with Persons Related to the Insurance (Reinsurance) Organization, Islamic Insurance (Reinsurance) Organization by Special Relations" (hereinafter – Form).
The Form is developed in accordance with paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity."
The Form is compiled quarterly by the insurance (reinsurance) organization, Islamic insurance (reinsurance) organization as of the end of the reporting period. Data in the Form is filled in thousands of tenge. An amount less than 500 (five hundred) tenge is rounded to 0 (zero), and an amount equal to 500 (five hundred) tenge and above is rounded to 1000 (one thousand) tenge.
The Form is signed by the head or person entrusted with the function of signing the report, and the executor.

Chapter 2. Explanation for Filling out the Form

Regarding Table 1:

1) information on transactions made for the period from the beginning of the current year is indicated in the Form;

2) if the terms of the transaction for other operations do not imply the presence of collateral or payment of remuneration, columns 10, 11 or 12, 13 are not filled.

Regarding Table 2:

1) information on insurance and reinsurance contracts concluded with persons related to the insurance (reinsurance) organization by special relations for the period from the beginning of the current year (cumulative) is indicated in the Form;

2) in column 3, the amount of insurance premiums accepted under direct insurance contracts concluded with persons related to the insurance (reinsurance) organization by special relations, taking into account expenses related to the termination of insurance contracts in the reporting period, is indicated;

3) in column 10, the amount of insurance payouts made under direct insurance contracts concluded with persons related to the insurance (reinsurance) organization by special relations is indicated;

4) in column 17, the amount of insurance premiums accepted under incoming reinsurance contracts concluded with persons related to the insurance (reinsurance) organization by special relations, taking into account expenses related to the termination of reinsurance contracts in the reporting period, is indicated;

5) in column 18, the amount of insurance payouts made under incoming reinsurance contracts concluded with persons related to the insurance (reinsurance) organization by special relations is indicated;

6) in row 2.2.1, pension annuity contracts concluded in accordance with the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan" are indicated;

7) in row 2.2.2, annuity contracts concluded in accordance with the Law of the Republic of Kazakhstan "On Mandatory Insurance of Employees Against Accidents While Performing Their Labor (Official) Duties" are indicated.

In the absence of information, the Form is submitted with zero balances.

Appendix 5

to the List of Certain Resolutions

of the Board of the National Bank

of the Republic of Kazakhstan,

in which

amendments and additions are made

regarding reporting

by participants in the insurance market and

securities market

Appendix 31

to the Resolution of the Board

of the National Bank

of the Republic of Kazakhstan

dated December 31, 2019 No. 275

Form intended for collecting administrative data

Submitted to: National Bank of the Republic of Kazakhstan

The administrative data form is posted on the website: www.nationalbank.kz

Report on Active Pension Annuity Contracts and Other Types of Annuity Insurance

Administrative Data Form Index: 31 - I(R)O_M

Frequency: Quarterly

Reporting period: as of “___”______20__year

Entities submitting the report: insurance (reinsurance) organization, Islamic insurance (reinsurance) organization

Deadline for submitting the administrative data form: quarterly, no later than the 10th (tenth) working day of the month following the reporting quarter

Form

Table. Active pension annuity contracts and other types of annuity insurance

(in tenge)


No.	Type of Insurance	Policyholder	Individual Identification Number of the Policyholder	Number of Insured Persons	Contract Number (Insurance Policy)	Date of Birth of the Insured
1	2	3	4	5	6	7

continuation of the table:


Gender of the Insured	Date of Conclusion of the Insurance Contract	Date of Commencement of the Insurance Contract	Date of Expiration of the Insurance Contract	Date of Commencement of Insurance Coverage	Date of Expiration of Insurance Coverage	Existence of Additional Agreement to the Insurance Contract (yes, no)
8	9	10	11	12	13	14

continuation of the table:

| | | | | | |
| --- | --- | --- | --- | --- |
| Amount of Insurance Premium under the Insurance Contract, in tenge | Amount of Lump-Sum Payment under the Annuity Contract | Amount of Annuity Payment as of the Reporting Date, in tenge | Frequency of Insurance Payments | Guaranteed Period | Name of Intermediary (surname, first name, patronymic (if any) |
| 15 | 16 | 17 | 18 | 19 | 20 |
| | | | | | |

continuation of the table:

| | | | | | |
| --- | --- | --- | --- | --- |
| Amount of Commission Remuneration, in tenge | Amount of Expenses from Insurance Premium, in percent | Amount of Expenses from Insurance Payment, in percent | Yield Rate of the Reserve Basis, in percent | Indexation Rate of the Reserve Basis, in percent | RNU |
| 21 | 22 | 23 | 24 | 25 | 26 |
| | | | | | |

continuation of the table:

| | | | | |
| --- | --- | --- | --- |
| Reinsurance Contract Number (Reinsurance Policy) | Liability of Reinsurer-Resident of the Republic of Kazakhstan, in tenge | Liability of Reinsurer-Non-Resident of the Republic of Kazakhstan, in tenge | Reinsurance Premium to Resident of the Republic of Kazakhstan under the Contract, in tenge | Reinsurance Premium to Non-Resident of the Republic of Kazakhstan under the Contract, in tenge |
| 27 | 28 | 29 | 30 | 31 |
| | | | | |

continuation of the table:

| | | | | |
| --- | --- | --- | --- |
| Date of Conclusion of the Reinsurance Contract | Date of Commencement of the Reinsurance Contract | Date of Expiration of the Reinsurance Contract | Date of Commencement of Insurance Coverage under the Reinsurance Contract | Date of Expiration of Insurance Coverage under the Reinsurance Contract |
| 32 | 33 | 34 | 35 | 36 |
| | | | | |

continuation of the table:

| | | | | |
| --- | --- | --- | --- |
| Type of Reinsurance (Facultative and/or Obligatory), Form of Reinsurance (Proportional and/or Non-Proportional) | Name of Reinsurer | Rating Assessment of the Reinsurer | Rating Agency | Amount of Commission from Reinsurer |
| 37 | 38 | 39 | 40 | 41 |
| | | | | |

continuation of the table:


Commission Remuneration of Insurance Broker under Reinsurance Contract		RNU of Reinsurer
in percent	Amount, in tenge	Name of Broker (surname, first name, patronymic (if any)
42	43	44	45

Name ______

Address______

Phone ______

Email Address ______

Executor______ ______

surname, first name and patronymic (if any) signature, phone

Head or person entrusted with the function of signing the report

surname, first name and patronymic (if any) signature, phone

Date “____” ______ 20__ year

Appendix

to the report form on active

pension annuity contracts and

other types of annuity insurance

Explanation on filling out the administrative data form

Report on active pension annuity contracts and other types of annuity insurance

(index – 31 - I(R)O_M, frequency – quarterly)

Chapter 1. General Provisions

This explanation (hereinafter – Explanation) defines uniform requirements for filling out the form intended for collecting administrative data "Report on active pension annuity contracts and other types of annuity insurance" (hereinafter – Form).
The Form is developed in accordance with paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity" (hereinafter – Law).
The Form is compiled quarterly by the insurance (reinsurance) organization, Islamic insurance (reinsurance) organization as of the end of the reporting period. Data in the Form is filled in tenge.
The Form is signed by the head or person entrusted with the function of signing the report, and the executor.

Chapter 2. Explanation on Filling out the Form

In the case of the existence of an additional agreement to the insurance (reinsurance) contract, information on the insurance (reinsurance) contract adjusted in accordance with the conditions of the additional agreement is indicated in the Form.
If the number of annuitants exceeds one under annuity contracts, values are indicated for each insured separately.
If the insurance (reinsurance) contract is reinsured in several reinsurance organizations, information on each reinsurance contract is indicated in a separate row.
Column 2 indicates the type of insurance by the class of annuity insurance, excluding annuity insurance carried out within the framework of mandatory insurance of the employee against accidents while performing labor (official) duties.
In the absence of information, the Form is submitted with zero balances.

Appendix 6

to the List of certain resolutions

of the Board of the National Bank

of the Republic of Kazakhstan, into which

amendments and additions are made

on issues of reporting

by participants in the insurance market and

securities market

Appendix 33

to the resolution of the Board of the

National Bank of the Republic of Kazakhstan

of December 31, 2019 No. 275

Form intended for collecting administrative data

Submitted to: National Bank of the Republic of Kazakhstan

The administrative data form is posted on the Internet resource: www.nationalbank.kz

Report on insurance (reinsurance) contracts that have come into force over the last 12 (twelve) months

Administrative Data Form Index: 33 - I(R)O_M

Frequency: Quarterly

Reporting period: as of “___”______20__year

Entities submitting the report: insurance (reinsurance) organization, Islamic insurance (reinsurance) organization

Deadline for submitting the administrative data form: quarterly, no later than the 10th (tenth) working day of the month following the reporting quarter

Form

Table. Insurance (reinsurance) contracts that have come into force over the last 12 (twelve) months

(in tenge)

| | | | | | | | |
| --- | --- | --- | --- | --- | --- | --- |
| No. | Class of Insurance | Type of Insurance | Policyholder | Policyholder Residency Status | Business Identification Number (for legal entities) and/or Individual Identification Number (for individuals) of the Policyholder | Related Party Indicator | Reinsurer |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| | | | | | | | |

continuation of the table:

| | | | | |
| --- | --- | --- | --- |
| Beneficiary | Business Identification Number (for legal entities) and/or Individual Identification Number (for individuals) of the Beneficiary | Contract Number (Insurance Policy) and/or Additional Agreement | Date of Conclusion of the Insurance Contract and/or Additional Agreement | Date of Commencement of the Insurance Contract and/or Additional Agreement |
| 9 | 10 | 11 | 12 | 13 |
| | | | | |

continuation of the table:

| | | | | | | |
| --- | --- | --- | --- | --- |
| Date of Expiration of the Insurance Contract and/or Additional Agreement | Date of Commencement of Insurance Coverage | Date of Expiration of Insurance Coverage | Amount of Insurance Sum under the Insurance Contract, in tenge | Amount of Insurance Premium under the Insurance Contract, in tenge | Name of Insurance Broker, Agent (surname, first name, patronymic (if any) | Amount of Commission Remuneration, in tenge |
| 14 | 15 | 16 | 17 | 18 | 19 | 20 |
| | | | | | | |

continuation of the table:


Date of Termination	Reinsurance Contract Number	Insurance Sum of Reinsurer - Resident of the Republic of Kazakhstan, in tenge	Insurance Sum of Reinsurer - Non-Resident of the Republic of Kazakhstan, in tenge	Reinsurance Premium to Resident of the Republic of Kazakhstan under the Reinsurance Contract, in tenge	Reinsurance Premium to Non-Resident of the Republic of Kazakhstan under the Reinsurance Contract, in tenge
21	22	23	24	25	26

continuation of the table:


Date of Conclusion of the Reinsurance Contract	Date of Commencement of the Reinsurance Contract	Date of Expiration of the Reinsurance Contract	Date of Commencement of Insurance Coverage under the Reinsurance Contract	Type of Reinsurance (Facultative and/or Obligatory), Form of Reinsurance (Proportional and/or Non-Proportional)
27	28	29	30	31

continuation of the table:


Name of Reinsurer	Rating Assessment of Reinsurer	Rating Agency	Date of Termination of Reinsurance Contract
32	33	34	35

continuation of the table:


Amount of Commission from Reinsurer, in tenge	Commission Remuneration of Insurance Broker under Reinsurance Contract
in percent	Amount, in tenge	Name of Broker
36	37	38	39

Name ______

Address______

Phone ______

Email Address ______

Executor______ ______

surname, first name and patronymic (if any) signature, phone

Head or person entrusted with the function of signing the report

surname, first name and patronymic (if any) signature, phone

Date “____” ______ 20__ year

Appendix

to the report form on insurance contracts

(reinsurance), that have come into force over

the last 12 (twelve) months

Explanation on filling out the administrative data form

Report on insurance (reinsurance) contracts that have come into force over the last 12 (twelve) months

(index – 33 - I(R)O_M, frequency – quarterly)

Chapter 1. General Provisions

This explanation (hereinafter – Explanation) defines uniform requirements for filling out the form intended for collecting administrative data "Report on insurance (reinsurance) contracts that have come into force over the last 12 (twelve) months" (hereinafter – Form).
The Form is developed in accordance with paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity" (hereinafter – Law).
The Form is compiled quarterly by the insurance (reinsurance) organization, Islamic insurance (reinsurance) organization as of the end of the reporting period. Data in the Form is filled in tenge.
The Form is signed by the head or person entrusted with the function of signing the report, and the executor.

Chapter 2. Explanation on Filling out the Form

The Form indicates information on insurance (reinsurance) contracts and all additional agreements that have come into force over the last 12 (twelve) months preceding the reporting date.
The name of the class of insurance in column 2 is indicated in full in accordance with the name provided for in Article 6 of the Law and legislative acts of the Republic of Kazakhstan regulating mandatory types of insurance.
Column 3 indicates the name of the insurance product developed by the insurance organization.
Information on main insurance (reinsurance) contracts is indicated without taking into account adjustments of additional agreements.
In the presence of several additional agreements, information on each additional agreement is provided in a separate row.
If the insurance contract is reinsured in several reinsurance organizations, information on each reinsurance contract is indicated in a separate row, at the same time, information on the insurance contract indicated in columns 2, 3, 4, 5, 6, 8, 9, 10, 11 and 12 must be reflected in each row.
Column 7 indicates the related party indicator, which is determined in accordance with paragraph 2-1 of Article 15-1 of the Law.
In the absence of information, the Form is submitted with zero balances.

Appendix 7

to the List of certain resolutions

of the Board of the National Bank

of the Republic of Kazakhstan, into which

amendments and additions are made

on issues of reporting

by participants in the insurance market and

securities market

Appendix 41

to the resolution of the Board of the

National Bank of the Republic of Kazakhstan

of December 31, 2019 No. 275

Form intended for collecting administrative data

Submitted to: National Bank of the Republic of Kazakhstan

The administrative data form is posted on the Internet resource: www.nationalbank.kz

Report on income paid to senior employees of the financial organization

Administrative Data Form Index: 41 - I(R)O_M

Frequency: Annually

Reporting period: as of “____” ______ 20 ___ year

Entities submitting the report: insurance (reinsurance) organization, insurance broker, Islamic insurance (reinsurance) organization

Deadline for submitting the administrative data form: annually, within 120 (one hundred twenty) calendar days after the end of the financial year

Form

Table. Income paid to senior employees of the financial organization


No.	Surname, First Name and Patronymic (if any)	Position of Senior Employee	Supervised Area of Activity	Ratio of Variable Remuneration to the Sum of Fixed and Variable Remuneration, in percent


1	2	3	4	5
---	---	---	---	---
1
2
...
	Total

continuation of the table:


Presence of facts of non-payment of variable remuneration on grounds provided for in subparagraph 1) of paragraph 4 of the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated February 24, 2012 No. 74 "On Establishing Requirements for Internal Policy on Labor Compensation, Accrual of Monetary Rewards, as Well as Other Types of Material Incentives for Senior Employees of Banks, Insurance (Reinsurance) Organizations, Insurance Brokers, Branches of Banks-Non-Residents of the Republic of Kazakhstan, Branches of Insurance (Reinsurance) Organizations-Non-Residents of the Republic of Kazakhstan, Branches of Insurance Brokers-Non-Residents of the Republic of Kazakhstan", registered in the Registry of State Registration of Normative Legal Acts under No. 7525 (yes/no)	Remuneration, in thousands of tenge
Fixed	Variable
Paid	Suspended
6	7	8	9

Name ______

Address______

Phone ______

Email Address ______

Executor______ ______

surname, first name and patronymic (if any) signature, phone

Head or person entrusted with the function of signing the report

surname, first name and patronymic (if any) signature, phone

Date “____” ______ 20__ year

Appendix

to the report form on income paid to senior

employees of the financial organization

Explanation on filling out the administrative data form

Report on income paid to senior employees of the financial organization

(index – 41 - I(R)O_M, frequency – annual)

Chapter 1. General Provisions

This explanation (hereinafter – Explanation) defines uniform requirements for filling out the form intended for collecting administrative data "Report on income paid to senior employees of the financial organization" (hereinafter – Form).
The Form is developed in accordance with paragraph 2 of Article 34, paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity".
The Form is compiled annually by the insurance (reinsurance) organization, Islamic insurance (reinsurance) organization, insurance broker. Data in the Form is filled in thousands of tenge. An amount less than 500 (five hundred) tenge is rounded to 0 (zero), and an amount equal to 500 (five hundred) tenge and above is rounded to 1000 (one thousand) tenge.
The Form is signed by the head or person entrusted with the function of signing the report, and the executor.

Chapter 2. Explanation on Filling out the Form

Column 5 indicates the ratio of variable remuneration to the sum of fixed and variable remuneration (in percent).
Column 6 indicates the presence of facts of non-payment of variable remuneration on grounds provided for in subparagraph 1) of paragraph 4 of the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated February 24, 2012 No. 74 "On Establishing Requirements for Internal Policy on Labor Compensation, Accrual of Monetary Rewards, as Well as Other Types of Material Incentives for Senior Employees of Banks, Insurance (Reinsurance) Organizations, Insurance Brokers, Branches of Banks-Non-Residents of the Republic of Kazakhstan, Branches of Insurance (Reinsurance) Organizations-Non-Residents of the Republic of Kazakhstan, Branches of Insurance Brokers-Non-Residents of the Republic of Kazakhstan", registered in the Registry of State Registration of Normative Legal Acts under No. 7525.
In column 7 in the "Total" row, total values of fixed remuneration of senior employees of the financial organization are indicated.
In columns 8 and 9 in the "Total" row, total values of paid and suspended variable remuneration of senior employees of the financial organization are indicated.

Lineage: Superseded

Timeline

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