RegAlertRule · NBK · 23 Jan 2023
Resolution of the Board of the National Bank of the Republic of Kazakhstan dated January 23, 2023 No. 3 on Amendments to Certain Resolutions of the Board of the National Bank of the Republic of Kazakhstan on Reporting by Participants in the Insurance Market
Insurance and Islamic insurance (reinsurance) organizations must submit monthly reports to the National Bank of the Republic of Kazakhstan by the 6th working day of the following month. Quarterly submissions are due by the 6th working day, except for specific Table 2 data due by the 6th and other reports by the 10th working day. Annual reports are due by the 6th working day of the following month, with one specific report due within 120 calendar days. Organizations must use the Web Portal, ensure data accuracy, and maintain a high-liquidity assets adequacy ratio of not less than 1.
Astana city
On Amendments to Certain Resolutions of the Board of the National Bank of the Republic of Kazakhstan
on issues of reporting by participants in the insurance market
The Board of the National Bank of the Republic of Kazakhstan RESOLVES:
- Make the following changes 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 an Insurance (Reinsurance) Organization, an Insurance Group, and an Islamic Insurance (Reinsurance) Organization and Rules for its Submission" (registered in the Registry of State Registration of Regulatory Legal Acts under No. 19701):
rephrase Appendix 2 in the edition according to Appendix 1 to this Resolution;
rephrase Appendix 3 in the edition according to Appendix 2 to this Resolution;
rephrase Appendix 4 in the edition according to Appendix 3 to this Resolution;
rephrase paragraph 6 of the instructions for filling out the administrative data form of Appendix 5 in the following edition:
"6. The form is filled out in accordance with the requirements of paragraphs 59, 60, 61, 62, 63, 64 and 65 of the Normative Values and Calculation Methodologies for Prudential Norms of an Insurance (Reinsurance) Organization and an Insurance Group and Other Mandatory Norms 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 Calculation Methodologies for Prudential Norms of an Insurance (Reinsurance) Organization and an Insurance Group and Other Mandatory Norms and Limits, Requirements for Shares (Participation Shares in Authorized Capital) of Legal Entities Acquired 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', registered in the Registry of State Registration of Regulatory Legal Acts under No. 14794.";
rephrase Appendix 6 in the edition according to Appendix 4 to this Resolution;
rephrase Appendix 7 in the edition according to Appendix 5 to this Resolution;
rephrase Appendix 8 in the edition according to Appendix 6 to this Resolution;
rephrase Appendix 9 in the edition according to Appendix 7 to this Resolution.
- 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 an Insurance (Reinsurance) Organization and an Insurance Broker and Rules for its Submission" (registered in the Registry of State Registration of Regulatory Legal Acts under No. 19927):
in paragraph 1:
subparagraph 9) rephrase in the following edition:
"9) the form of the report on 'reverse repo', repo operations according to Appendix 9 to this Resolution;";
subparagraph 16) rephrase in the following edition:
"16) the form of the report on insurance premiums and state premiums according to Appendix 16 to this Resolution;";
subparagraph 24) exclude;
subparagraph 26) rephrase in the following edition:
"26) the form of the report on balances on balance sheet and off-balance sheet accounts according to Appendix 26 to this Resolution;";
rephrase paragraphs 2 and 3 in the following edition:
"2. An insurance (reinsurance) organization submits to the National Bank of the Republic of Kazakhstan in electronic format the reporting specified in subparagraphs 4), 5), 6), 9), 10) and 11) of paragraph 1 of this Resolution monthly, no later than the 6th (sixth) working day of the month following the reporting month.
- An insurance (reinsurance) organization, an Islamic insurance (reinsurance) organization submit to the National Bank of the Republic of Kazakhstan in electronic format:
1) monthly – reporting specified in subparagraphs 2), 3), 12), 14), 15), 16), 17), 18), 19), 22) and 25) of paragraph 1 of this Resolution, no later than the 6th (sixth) working day of the month following the reporting month.
An Islamic insurance (reinsurance) organization, in addition to the reporting specified in subparagraph 1) of this paragraph, submits reporting in accordance with subparagraph 8) of paragraph 1 of this Resolution no later than the 6th (sixth) working day of the month following the reporting month;
2) quarterly – reporting specified in subparagraph 13) of paragraph 1 of this Resolution, no later than the 6th (sixth) working day of the month following the reporting quarter;
3) quarterly – reporting specified in subparagraph 26) of paragraph 1 of this Resolution:
in part of Table 1 – no later than the 15th (fifteenth) working day of the month following the reporting quarter;
in part of Table 2 – no later than the 6th (sixth) working day of the month following the reporting quarter;
4) quarterly – reporting specified in subparagraphs 23), 27), 28), 29), 30), 31), 32), 33), 34), 35), 36) and 37) of paragraph 1 of this Resolution, no later than the 10th (tenth) working day of the month following the reporting quarter;
5) annually – reporting specified in subparagraphs 38), 39) and 40) of paragraph 1 of this Resolution, no later than the 6th (sixth) working day of the month following the reporting year;
6) annually – reporting specified in subparagraph 41) of paragraph 1 of this Resolution, within 120 (one hundred twenty) calendar days after the end of the financial year.";
in Appendix 1:
subparagraph 8) rephrase in the following edition:
"8) report on 'reverse repo', repo operations;";
subparagraph 15) rephrase in the following edition:
"15) report on insurance premiums and state premiums;";
subparagraph 23) exclude;
subparagraph 25) rephrase in the following edition:
"25) report on balances on balance sheet and off-balance sheet accounts;";
rephrase paragraph 5 of the instructions for filling out the administrative data form of Appendix 2 in the following edition:
"5. In columns 5 and 6, the rating and the name of the rating agency are indicated 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 Necessity 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, List of Rating Agencies Assigning Such Rating', registered in the Registry of State Registration of Regulatory Legal Acts under No. 8318. In the absence of a rating agency, 'no rating' is indicated in columns 5 and 6.";
rephrase Appendix 3 in the edition according to Appendix 8 to this Resolution;
in the instructions for filling out the administrative data form of Appendix 4:
in paragraph 6:
subparagraph 5) rephrase in the following edition:
"5) in columns 10 and 12, currency codes are indicated in accordance with the National Classifier of the Republic of Kazakhstan NK RK 07 ISO 4217 'Codes for the Representation of Currencies and Funds';";
subparagraph 12) rephrase in the following edition:
"12) when filling out columns 22, 23, 24 and 25, the rating of the security for bonds, the rating of the issuer for shares, the rating of the country for government securities, assigned by one of the rating agencies, is reflected 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 Necessity 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, List of Rating Agencies Assigning Such Rating', registered in the Registry of State Registration of Regulatory Legal Acts No. 8318 (hereinafter - Resolution No. 385). In the absence of a rating, 'no rating' is indicated in columns 22, 23, 24 and 25. These columns are not filled out for government securities of the Republic of Kazakhstan;";
subparagraph 4) of paragraph 7 rephrase in the following edition:
"4) in columns 8 and 9, currency codes are indicated in accordance with the National Classifier of the Republic of Kazakhstan NK RK 07 ISO 4217 'Codes for the Representation of Currencies and Funds';";
subparagraph 3) of paragraph 8 rephrase in the following edition:
"3) in column 6, currency codes are indicated in accordance with the National Classifier of the Republic of Kazakhstan NK RK 07 ISO 4217 'Codes for the Representation of Currencies and Funds';";
in the instructions for filling out the administrative data form of Appendix 5:
subparagraph 4) of paragraph 5 rephrase in the following edition:
"4) in columns 11 and 14, currency codes are indicated in accordance with the National Classifier of the Republic of Kazakhstan NK RK 07 ISO 4217 'Codes for the Representation of Currencies and Funds';";
subparagraph 4) of paragraph 7 rephrase in the following edition:
"4) in column 9, currency codes are indicated in accordance with the National Classifier of the Republic of Kazakhstan NK RK 07 ISO 4217 'Codes for the Representation of Currencies and Funds'.";
in the instructions for filling out the administrative data form of Appendix 8:
paragraph 6 rephrase in the following edition:
"6. In column 8, currency codes are indicated in accordance with the National Classifier of the Republic of Kazakhstan NK RK 07 ISO 4217 'Codes for the Representation of Currencies and Funds'. For bonds, the issue currency is indicated, for shares - the acquisition currency.";
paragraphs 12 and 13 rephrase in the following edition:
"12. In columns 26 and 27, the category of securities - residents of the Republic of Kazakhstan is indicated according to the official list of the stock exchange of the Republic of Kazakhstan, the requirements for which are established by the Requirements for Issuers and Their Securities Admitted to Trading on the Stock Exchange, as well as to Certain Categories of the Official List of the Stock Exchange, approved by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated March 27, 2017 No. 54 'On Approval of Requirements for Issuers and Their Securities Admitted to Trading on the Stock Exchange, as well as to Certain Categories of the Official List of the Stock Exchange and Amendments to Certain Regulatory Legal Acts of the Republic of Kazakhstan on Issues of Regulation of the Securities Market', registered in the Registry of State Registration of Regulatory Legal Acts under No. 15175. In the absence of a stock exchange list category for the Republic of Kazakhstan, 'no listing' is indicated in columns 26 and 27. These columns are not filled out for securities of non-residents of the Republic of Kazakhstan and government securities of the Republic of Kazakhstan.
- When filling out columns 28, 29, 30 and 31, the rating assigned by one of the rating agencies is indicated 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 Necessity 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, List of Rating Agencies Assigning Such Rating', registered in the Registry of State Registration of Regulatory Legal Acts under No. 8318. In the absence of a rating, 'no rating' is indicated in columns 28, 29, 30 and 31. These columns are not filled out for government securities of the Republic of Kazakhstan.";
rephrase Appendix 9 in the edition according to Appendix 9 to this Resolution;
rephrase Appendix 14 in the edition according to Appendix 10 to this Resolution;
rephrase Appendix 15 in the edition according to Appendix 11 to this Resolution;
rephrase Appendix 16 in the edition according to Appendix 12 to this Resolution;
rephrase Appendix 18 in the edition according to Appendix 13 to this Resolution;
rephrase Appendix 19 in the edition according to Appendix 14 to this Resolution;
rephrase Appendix 20 in the edition according to Appendix 15 to this Resolution;
rephrase Appendix 21 in the edition according to Appendix 16 to this Resolution;
in the instructions for filling out the administrative data form of Appendix 22:
paragraphs 7 and 8 rephrase in the following edition:
"7. In column 4, the rating assigned by one of the rating agencies is indicated 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 Necessity 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, List of Rating Agencies Assigning Such Rating', registered in the Registry of State Registration of Regulatory Legal Acts under No. 8318. In the absence of a rating, 'no rating' is indicated in column 4.
- In column 11, the currency code of the contract is indicated in accordance with the National Classifier of the Republic of Kazakhstan NK RK 07 ISO 4217 'Codes for the Representation of Currencies and Funds'.";
paragraphs 13, 14 and 15 rephrase in the following edition:
"13. The amount of insurance premiums transferred to residents of the Republic Kazakhstan in the row 'Insurance (Reinsurance) organizations of residents' of column 14 corresponds to the total sum of column 15 of the Table Insurance premiums and state premiums of Appendix 16 of this Resolution.
-
The amount of insurance premiums transferred to non-residents of the Republic of Kazakhstan, in the row 'Insurance (Reinsurance) organizations of non-residents' of column 14 corresponds to the total sum of column 16 of the Table Insurance premiums and state premiums of Appendix 16 of this Resolution.
-
The total sum of insurance premiums transferred to a reinsurance organization in column 14 corresponds to the total sum of column 14 of the Table Insurance premiums and state premiums of Appendix 16 of this Resolution.";
rephrase Appendix 23 in the edition according to Appendix 17 to this Resolution;
rephrase Appendix 26 in the edition according to Appendix 18 to this Resolution;
rephrase Appendix 28 in the edition according to Appendix 19 to this Resolution;
rephrase Appendix 29 in the edition according to Appendix 20 to this Resolution;
rephrase Appendix 30 in the edition according to Appendix 21 to this Resolution;
rephrase paragraph 8 of the instructions for filling out the administrative data form of Appendix 38 in the following edition:
"8. The total sum of insurance premiums in column 3 corresponds to the sum of insurance premiums accepted under insurance contracts, indicated in column 4 of the Table Insurance premiums and state premiums of Appendix 16 of this Resolution, minus expenses related to the termination of insurance contracts, indicated in column 20 of the Table Insurance premiums and state premiums of Appendix 16 of this Resolution.";
rephrase Appendix 39 in the edition according to Appendix 22 to this Resolution;
rephrase Appendix 44 in the edition according to Appendix 23 to this Resolution.
- The Department of Financial Market Statistics (Burambaeva A.M.)
ensure in the manner established by the legislation of the Republic of Kazakhstan:
1) jointly with the Legal Department (Kasenov A.S.) 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 execution of the measure provided for in subparagraph 2) of this paragraph.
-
Control over the execution of this Resolution is entrusted to the Deputy Chairman of the National Bank of the Republic of Kazakhstan Baymaganbetov A.M.
-
This Resolution enters into force from January 1, 2023 and is subject to official publication.
| Chairman of the Board of the National Bank of the Republic of Kazakhstan | G.O. Pirmatov |
"AGREED"
Bureau of National Statistics
Agency for Strategic
Planning and Reforms
Republic of Kazakhstan
"AGREED"
Agency of the Republic of Kazakhstan
for Regulation and Development
of the Financial Market
Copy is correct:
Chief Specialist-Secretary of the Board Zh. Mukhambetova
Appendix 1
to the Resolution
Appendix 2
to the [Resolution](jl:39237636.0.1007240573_1" \o "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 an Insurance (Reinsurance) Organization, an Insurance Group, and an Islamic Insurance (Reinsurance) Organization and Rules for its Submission\» (as amended as of 28.02.2022 g.)) of the Board
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 Internet resource: www.nationalbank.kz
Report on the fulfillment of prudential norms by an insurance (reinsurance) organization
Index of the administrative data form: 2-PN_M
Frequency: monthly
Reporting period: as of "____" ______ 20 __ year
Circle of persons submitting information: 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 1. Information on the fulfillment of prudential norms by an insurance (reinsurance) organization
| № | Name of the Normative | Indicator Value |
| 1 | 2 | 3 |
| 1 | Solvency Margin Adequacy Normative (1.1/1.2) | |
| 1.1 | Actual Solvency Margin (1.3 + 1.4 or 1.8, whichever is smaller) (in thousands of tenge) | |
| 1.2 | Minimum Solvency Margin Size ("400") (in thousands of tenge) | |
| 1.3 | Intermediate Result of Actual Solvency Margin Calculation ("100") (in thousands of tenge) | |
| 1.4 | Amount Included in Actual Solvency Margin Calculation ("200") (in thousands of tenge) | |
| 1.5 | Total Assets Considering Their Classification by Quality and Liquidity ("12000") (in thousands of tenge) | |
| 1.6 | Insurance Reserves Minus Reinsurer's Share ("13000") (in thousands of tenge) | |
| 1.7 | Liabilities, Excluding the Amount of Insurance Reserves ("14000") (in thousands of tenge) | |
| 1.8 | Actual Solvency Margin Calculated Considering Asset Classification by Quality and Liquidity (1.5 - 1.6 - 1.7) (in thousands of tenge) | |
| 2 | Total Book Value of Investments in Securities (including "reverse repo" transactions), deposits and money in one second-tier bank and affiliated entities of this bank, Kazakhstan Development Bank, meeting the requirements of subparagraph 1) of paragraph 42 of the Normative Values and Methodologies for Calculating Prudential Norms of Insurance (Reinsurance) Organizations and Insurance Groups 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 Insurance (Reinsurance) Organizations and Insurance Groups and Other Mandatory Standards and Limits, Requirements for Shares (Participation Shares in Authorized Capital) of Legal Entities Acquired 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 Shares in Authorized Capital) Acquired by Insurance (Reinsurance) Organizations", registered in the Registry of State Registration of Regulatory Legal Acts under No. 14794 (hereinafter – Normatives): from January 1, 2023 – no more than 30 (thirty) percent of the total amount of 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, 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, 2024 – no more than 20 (twenty) percent of the total amount of 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 (including "reverse repo" transactions), deposits and money in one second-tier bank and affiliated entities of this bank, meeting the requirements of subparagraph 2) of paragraph 42 of the Normatives: from January 1, 2023 – no more than 20 (twenty) percent of the total amount of 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 total amount of 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 (including "reverse repo" transactions), deposits and money in one second-tier bank and affiliated entities of this bank, meeting the requirements of subparagraph 3) of paragraph 42 of the Normatives: from January 1, 2023 – no more than 20 (twenty) percent of the total amount of 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 total amount of 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 (including "reverse repo" transactions) and money in one legal entity that is not a second-tier bank, excluding the Kazakhstan Development Bank, and affiliated entities of this legal entity: from January 1, 2023 – no more than 20 (twenty) percent of the total amount of 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 total amount of insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure. | |
| 6 | Total Placement in Precious Metals and Metal Accounts – no more than 10 (ten) percent of the total amount of insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculation of Insurance Reserves and Their Structure. | |
| 7 | Total Amount of Loans to Policyholders of the Insurance (Reinsurance) Organization Engaged in the "Life Insurance" Industry – no more than 10 (ten) percent of the total amount of 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 (including "reverse repo" transactions) having the status of state securities issued by the central government of a foreign country – no more than 10 (ten) percent of the total amount of 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 (including "reverse repo" transactions) of an international financial organization included in the list established by paragraph 39 of the Normatives: from January 1, 2023 – no more than 20 (twenty) percent of the total amount of 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 total amount of 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 subparagraphs 23) and 24) of paragraph 38 of the Normatives, Minus Impairment Reserve – no more than 10 (ten) percent of the total amount of 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, Minus Impairment Reserve – no more than 10 (ten) percent of the total amount of 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 Amounts and Accrued Remuneration, Minus Impairment Reserve – no more than 10 (ten) percent of the total amount of 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 Financing Instruments Meeting the Requirements of subparagraphs 25) and 26) of paragraph 38 of the Normatives, Minus Impairment Reserve – no more than 10 (ten) percent of the total amount of 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 Normative ("yes" or "no") |
Table 2. Amount of Increase in Minimum Solvency Margin of Insurance (Reinsurance) Organization
(in thousands of tenge)
| Name of Reinsurance Organization | Rating Assessment of Reinsurer on International or National Scale (Solvency Margin Adequacy Normative) | Total Amount of Insurance Premiums Transferred (Received) in Reinsurance under Existing Reinsurance Contracts (in thousands of tenge) | Percentage of Total Amount of Insurance Premiums Transferred (Received) in Reinsurance under Existing Reinsurance Contracts | Amount of Increase in Minimum Solvency Margin (Column 3 x Column 4) |
| 1 | 2 | 3 | 4 | 5 |
| Reinsurance Contracts Concluded with Reinsurer Non-Residents of the Republic of Kazakhstan, Excluding Reinsurers of Countries That Are Parties to the Agreement on the Eurasian Economic Union, Ratified by the Law of the Republic of Kazakhstan "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 of the International Financial Center "Astana" | ||||
| Reinsurance Contracts Concluded with Reinsurer Countries-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 Minimum Solvency Margin for Insurance (Reinsurance) Organization Engaged in Insurance Activity in the "General Insurance" Industry and Reinsurance Organization Engaged in Reinsurance as an Exclusive Type of Activity
(in thousands of tenge)
| Name of Indicator | Line Code | Amount | |
| 1 | 2 | 3 | |
| Calculation of Minimum Solvency Margin Using the "Premium Method" | |||
| Insurance Premiums Accepted under Insurance and Reinsurance Contracts for the Previous Financial Year, Total (according to subparagraphs 1), 2) and 3) of paragraph 12 of the Normatives) | 1110 | ||
| Amount of Expenses for Payment of Commission Remuneration for Insurance Activity for the Previous Financial Year | 1120 | ||
| Amount of 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 Normatives) | 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 Minus Reinsurer's Share in Insurance Payments, Accrued for the Previous 3 (Three) Financial Years ("1311" + "1312" + "1313") | 1310 | ||
| Total Insurance Payments Minus Reinsurer's Share in Insurance Payments, Accrued at the End of the Previous Financial Year | 1311 | ||
| Total Insurance Payments Minus Reinsurer's Share in Insurance Payments, Accrued at the End of the Financial Year, for 1 (One) Year Preceding the Previous Financial Year | 1312 | ||
| Total Insurance Payments Minus Reinsurer's Share in Insurance Payments, Accrued at the End of the Financial Year, for 2 (Two) Years Preceding the Previous Financial Year | 1313 | ||
| Total Insurance Payments Accrued for the Previous 3 (Three) Financial Years ("1321" + "1322" + "1323") | 1320 | ||
| Total Insurance Payments Accrued for the Previous Financial Year | 1321 | ||
| Total Insurance Payments Accrued at the End of the Financial Year, for 1 (One) Year Preceding the Previous Financial Year | 1322 | ||
| Total Insurance Payments Accrued at 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 Minimum Solvency Margin Using the "Payout Method" | |||
| Total Insurance Payments Accrued for the Previous 3 (Three) Financial Years (Considering the Requirements of Subparagraph 2) of Paragraph 13 of the Normatives) ("2111" + "2112" + "2113") | 2110 | ||
| Accrued at the End of the Previous Financial Year | 2111 | ||
| Accrued at the End of the Year, for 1 (One) Year Preceding the Previous Financial Year | 2112 | ||
| Accrued at the End of the Year, for 2 (Two) Years Preceding the Previous Financial Year | 2113 | ||
| Accrued for the Previous 7 (Seven) Financial Years for Insurance (Reinsurance) Organizations Engaged in Insurance of Risks Specified in Subparagraphs 13) and 14) of Paragraph 3 of Article 6 of the Law of the Republic of Kazakhstan "On Insurance Activity" (hereinafter – Law) ("2121" +... + "2127"): | 2120 | ||
| Accrued at the End of the Previous Financial Year | 2121 | ||
| Accrued at the End of the Year, for 1 (One) Year Preceding the Previous Financial Year | 2122 | ||
| Accrued at the End of the Year, for 2 (Two) Years Preceding the Previous Financial Year | 2123 | ||
| Accrued at the End of the Year, for 3 (Three) Years Preceding the Previous Financial Year | 2124 | ||
| Accrued at the End of the Year, for 4 (Four) Years Preceding the Previous Financial Year | 2125 | ||
| Accrued at the End of the Year, for 5 (Five) Years Preceding the Previous Financial Year | 2126 | ||
| Accrued at the End of the Year, for 6 (Six) Years Preceding the Previous Financial Year | 2127 | ||
| Amount of Reserve for Reported but Unsettled Losses at the End of the Previous Financial Year | 2210 | ||
| Amount of Reserve for Reported but Unsettled Losses at the End of the Financial Year, for 2 (Two) Years Preceding the Previous Financial Year | 2310 | ||
| Amount of Reserve for Reported but Unsettled Losses at the End of the Financial Year, for 6 (Six) Years Preceding the Previous Financial Year (for Insurance (Reinsurance) Organizations Engaged in 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 Engaged in 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", whichever is larger) | 3000 | ||
| Amount of Increase in Minimum Solvency Margin for Insurance (Reinsurance) Contracts Specified in Paragraph 14 of the Normatives | 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 Minus Reinsurer's Share at the End of the Previous Financial Year | 4010 | ||
| Reserve for Reported but Unsettled Losses Minus Reinsurer's Share at the Beginning of the Previous Financial Year | 4020 | ||
| Minimum Solvency Margin for the Previous Financial Year, Adjusted by 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 Guarantee Fund | 6000 | ||
| Calculated Minimum Solvency Margin ("5000" + Part of the Amount of Insurance Premiums Transferred (Received) in Reinsurance, Calculated in Accordance with Table 2 of this Report on Compliance with Prudential Norms by Insurance (Reinsurance) Organization) | 7000 | ||
| Minimum Size of Guarantee Fund ("6000" + Part of the Amount of Insurance Premiums Transferred (Received) in Reinsurance, Calculated in Accordance with Table 2 of this Report on Compliance with Prudential Norms by Insurance (Reinsurance) Organization) | 8000 | ||
| Minimum Solvency Margin for the Reporting Period ("7000" or "8000", whichever is larger) | 9000 | ||
| Calculation of Actual Solvency Margin for Insurance (Reinsurance) Organizations in the "General Insurance" Industry | |||
| Paid-Up Share Capital for 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, Excluding Software Acquired for the Purposes of the Main Activity of the Insurance (Reinsurance) Organization | 115 | ||
| Uncovered Loss of Previous Years | 116 | ||
| Uncovered Loss of the Reporting Period | 117 | ||
| Investments in Share Capital of Other Legal Entities | 118 | ||
| Subordinated Loans Provided to Persons Who, in Accordance with Article 32 of the Law, Are Subsidiary Organizations of the Insurance (Reinsurance) Organization or to Persons in Whom the Insurance (Reinsurance) Organization Has Significant Participation | 119 | ||
| Intermediate Result A ("111" – "112" + "113" + "114" – "115" – "116" – "117" – "118" – "119") | 100 | ||
| Subordinated Debt with Fixed Maturity | 201 | ||
| Subordinated Debt without Fixed Maturity | 202 | ||
| Preferred Shares | 203 | ||
| Intermediate Result B ("201" + "202" + "203") | 211 | ||
| Amount Included in Actual Solvency Margin Calculation: if "211" > 0.5 x ("100" or "400", whichever is smaller), then 0.5 x ("100" or "400", whichever is smaller); if "211" ≤ 0.5 x ("100" or "400", whichever is smaller), then "211" | 200 | ||
| Actual Solvency Margin ("100" + "200" or "15000", whichever is smaller) | 300 | ||
| Minimum Solvency Margin ("9000") | 400 | ||
| Solvency Margin Adequacy Normative ("300" / "400") | 500 |
Table 4. Calculation of Minimum Solvency Margin for Insurance (Reinsurance) Organization Engaged in Insurance Activity in the "Life Insurance" Industry
(in thousands of tenge)
| Name of indicator | Line code | Amount |
| 1 | 2 | 3 |
| For classes "life insurance", "annuity insurance", "life insurance within the state educational savings system", "pension 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 | |
| Share of the reinsurer in insurance reserves | 1112 | |
| Total sum insured for life insurance contracts in case of death | 1113 | |
| Share of the reinsurer in the sum insured | 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 | |
| Share of the reinsurer in insurance reserves | 1122 | |
| Total sum insured for life insurance contracts in case of death | 1123 | |
| Share of the reinsurer in the sum insured | 1124 | |
| Total risk capital for other 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 | |
| Share of the reinsurer in insurance reserves | 1132 | |
| Total sum insured for life insurance contracts in case of death | 1133 | |
| Share of the reinsurer in the sum insured | 1134 | |
| Risk capital for life insurance contracts in case of death concluded in the previous financial year ("1110" + "1120" + "1130") | 1140 | |
| Risk capital for life insurance contracts in case of death concluded in the previous financial year, less the share of the reinsurer ("1140" + "1112" – "1114" + "1122" – "1124" + "1132" – "1134") | 1150 | |
| Adjustment 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 at the end of the previous financial year for pension annuity contracts | 1210 | |
| Amount of formed insurance reserves at the end of the previous financial year for other insurance contracts | 1211 | |
| Amount of formed insurance reserves for calculation: ("1210" x corresponding percentage size established by paragraph 21 of the Norms + "1211" x 0.04) | 1220 | |
| Amount of formed insurance reserves less the share of the reinsurer in insurance reserves at the end of the previous financial year | 1230 | |
| Adjustment 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 in the performance of their labor (official) duties" | ||
| Insurance premiums accepted under insurance and reinsurance contracts for the previous financial year, total (taking into account the requirements of part two of paragraph 23 of the Norms) | 3110 | |
| Amount of expenses for payment of commission remuneration for insurance activities for the previous financial year | 3120 | |
| Amount of 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 total 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 less the share of the reinsurer in insurance payments, accrued for the previous 3 (three) financial years ("3311" + "3312" + "3313") | 3310 | |
| Total insurance payments less the share of the reinsurer in insurance payments, accrued at the end of the previous financial year | 3311 | |
| Total insurance payments less the share of the reinsurer in insurance payments, accrued at the end of the financial year, for 1 (one) year preceding the previous financial year | 3312 | |
| Total insurance payments less the share of the reinsurer in insurance payments, accrued at the end of the financial year, for 2 (two) years preceding the previous financial year | 3313 | |
| Total insurance payments, accrued for the previous 3 (three) financial years ("3321" + "3322" + "3323") | 3320 | |
| Total insurance payments, accrued for the previous financial year | 3321 | |
| Total insurance payments, accrued at the end of the financial year, for 1 (one) year preceding the previous financial year | 3322 | |
| Total insurance payments, accrued at the end of the financial year, for 2 (two) years preceding the previous financial year | 3323 | |
| Adjustment 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 for the previous 3 (three) financial years ("3511" + "3512" + "3513"): | 3510 | |
| accrued at the end of the previous financial year | 3511 | |
| accrued at the end of the year, for 1 (one) year preceding the previous financial year | 3512 | |
| accrued at the end of the year, for 2 (two) years preceding the previous financial year | 3513 | |
| Amount of the reserve for reported but unsettled losses at the end of the previous financial year | 3520 | |
| Amount of the reserve for reported but unsettled losses at 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 ("claims 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", the 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 (insurance 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 amount of insurance premiums transferred (transferred) to reinsurance, calculated in accordance with Table 2 of this Report on compliance with prudential norms by an insurance (reinsurance) organization + "4100") | 6000 | |
| 200,000 (two hundred thousand) monthly calculation indicators – for an insurance (reinsurance) organization having a license in the "life insurance" industry 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 having a license in the "life insurance" industry and carrying out the transfer 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, to investment management by an investment portfolio manager who is not an insurance organization. | 5100 | |
| Minimum size of the guarantee fund ("5000" + part of the amount of insurance premiums transferred (transferred) to reinsurance, calculated in accordance with Table 2 of this Report on compliance with prudential norms by an insurance (reinsurance) organization + "5100") | 7000 | |
| Minimum solvency margin ("6000" or "7000", the largest value) | 8000 | |
| Calculation of actual solvency margin for insurance (reinsurance) organizations in the "life insurance" industry | ||
| Paid-up charter capital for an insurance (reinsurance) organization | 111 | |
| Preferred shares | 112 | |
| Undistributed income 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 purposes of the main activity of the 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 the insurance (reinsurance) organization or persons in whom the insurance (reinsurance) organization has a significant participation | 119 | |
| Intermediate total 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 total B ("201" + "202" + "203") | 211 | |
| Amount included in the calculation of actual solvency margin: if "211" > 0.5 x ("100" or "400", the smallest value), then 0.5 x ("100" or "400", the smallest value); if "211" ≤ 0.5 x ("100" or "400", the smallest value), then "211" | 200 | |
| Actual solvency margin ("100" + "200" or "15000", the smallest value) | 300 | |
| Minimum solvency margin ("8000") | 400 | |
| Solvency margin adequacy ratio ("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)
| No. | Indicator Name | Line Code | Balance Amount | Accounted Volume | Amount for Calculation | ||
| 1 | 2 | 3 | 4 | 5 | 6 | ||
| 1 | Cash – total, including: | 11110 | X | ||||
| 1.1 | cash in vault in an amount not exceeding 1 (one) percent of the total assets of the insurance (reinsurance) organization minus reinsurance assets | 11111 | 100% | ||||
| 1.2 | cash in transit in second-tier banks of the Republic of Kazakhstan | 11112 | 100% | ||||
| 1.3 | cash in current accounts in second-tier banks of the Republic of Kazakhstan, specified in lines 2.1 and 2.2 of this table | 11113 | 100% | ||||
| 1.4 | cash in current accounts in second-tier banks of the Republic of Kazakhstan, specified in line 2.3 of this table | 11114 | 90% | ||||
| 1.5 | cash of the insurance (reinsurance) organization in accounts at an organization carrying out brokerage and/or dealing activities in the securities market, held in second-tier banks of the Republic of Kazakhstan and in the central depository | 11115 | 100% | ||||
| 1.6 | cash of the insurance (reinsurance) organization in accounts at an organization carrying out investment portfolio management activities, held in second-tier banks of the Republic of Kazakhstan | 11116 | 100% | ||||
| 2 | Deposits – total, including: | 11120 | 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 | 11121 | 100% | ||||
| 2.2 | 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 from 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 whose parent non-resident banks 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 from one of the other rating agencies | 11122 | 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 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 from 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 from 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 | 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 | 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 purchase of mortgage loans of 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 the Joint Stock Companies "Bank of Development of Kazakhstan", "National Welfare Fund "Samruk-Kazyna", "National Managing Holding "Baiterek", "Problematic Credit Fund" in accordance with the legislation of the Republic of Kazakhstan and other states | 11134 | 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 operating 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 | 11135 | 90% | ||||
| 3.6 | non-state debt securities issued by entities classified as small or medium-sized enterprises according to the Entrepreneurial Code of the Republic of Kazakhstan, included in the "Debt Securities" sector of the "Main" or "Alternative" platform of the official list of the stock exchange, and having a guarantee from the Joint Stock Company "Business Development Fund "Damu" and/or the Joint Stock Company "Bank of Development of Kazakhstan", the amount of which covers at least 50 (fifty) percent of the nominal value of these non-state debt securities | 11136 | 95% | ||||
| 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, 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 operating 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 | 11137 | 60% | ||||
| 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 not lower than "BB-" on the international scale of Standard & Poor's or a rating of a similar level from 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 | 11138 | 100% | ||||
| 3.9 | 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 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 | 11139 | 85% | ||||
| 3.10 | non-state 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 from 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 | 11140 | 100% | ||||
| 3.11 | 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 one of the other rating agencies | 11141 | 100% | ||||
| 3.12 | 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 one of the other rating agencies | 11142 | 90% | ||||
| 3.13 | 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 one of the other rating agencies | 11143 | 80% | ||||
| 3.14 | 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 one of the other rating agencies | 11144 | 100% | ||||
| 3.15 | 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 one of the other rating agencies | 11145 | 85% | ||||
| 3.16 | 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 one of the other rating agencies | 11146 | 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 are these 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 "stocks" sector of the "Main" platform of the official list of the stock exchange, and depositary receipts, the underlying asset of which are these shares | 11152 | 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 operating on the territory of the International Financial Center "Astana", admitted to public trading, and depositary receipts, the underlying asset of which are these shares, excluding shares and depositary receipts, the underlying asset of which are these shares, specified in line 4.4 of this table | 11153 | 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 subsection of the official list "Segment of the Regional Stock Market" of the stock exchange operating on the territory of the International Financial Center "Astana", admitted to public trading, and depositary receipts, the underlying asset of which are these 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 from one of the other rating agencies, and depositary receipts, the underlying asset of which are these 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 from one of the other rating agencies, and depositary receipts, the underlying asset of which are these 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 from one of the other rating agencies, and depositary receipts, the underlying asset of which are these 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, the asset structure of which repeats the structure of one of the main stock indices, or the pricing of which is linked to main stock indices | 11162 | 90% | ||||
| 5.3 | units of Exchange Traded Funds, Exchange Traded Commodities, Exchange Traded Notes having a rating assessment not lower than "3 stars" of the Morningstar rating agency | 11163 | 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 (the issuer of which has) a rating assessment not lower than "BBB-" on the international scale of Standard & Poor's or a rating of a similar level from 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 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 (the issuer of which has) a rating assessment from "BB+" to "BB-" on the international scale of Standard & Poor's or a rating of a similar level from 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 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 (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 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 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 assessment of a similar level from 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 total highly liquid assets of the insurance (reinsurance) organization | 11173 | 100% | ||||
| 6.4 | amounts receivable from reinsurers, insurance premiums receivable from policyholders (reinsurers) and intermediaries in an amount not exceeding 10 (ten) percent of the total highly liquid assets of the insurance (reinsurance) organization, excluding insurance premiums receivable from legal entities specified in sub-item 10) of item 34 of the Norms | 11175 | 100% | ||||
| 6.5 | claims against issuers of securities for the payment of the nominal value of securities arising from the expiration of their trading period provided for in the securities issuance prospectus (not overdue according to the terms of the securities issuance prospectus) | 11176 | 100% | ||||
| 6.6 | insurance premiums receivable in an amount not exceeding 15 (fifteen) percent of the total highly liquid assets of the insurance (reinsurance) organization, when the policyholder is: a legal entity, more than 50 (fifty) percent of the voting shares (participation shares in the 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 or other rating agencies, or; a large systemically important enterprise meeting the following criteria: revenue from the sale of products (provision of services) is at least 50 (fifty) billion tenge annually for the last 2 (two) years; tax payments are at least 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, excluding 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 | Total assets minus reinsurance assets | 16000 | X | ||||
| 12 | Total amount of insurance reserves in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure | 17000 | X | X | |||
| Calculation of asset diversification ratios | |||||||
| Total book value of investments in securities (taking into account "reverse repo" transactions), deposits and cash in one second-tier bank and affiliated persons of this bank, Bank of Development of Kazakhstan, meeting the requirements of sub-item 1) of item 42 of the Norms: from January 1, 2023 – no more than 30 (thirty) percent of the total amount of 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 20 (twenty) percent of the total amount of insurance reserves, calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure. | |||||||
| No. | Issuer Name | Issuer Rating Category | Balance Amount | Percentage of Total Insurance Reserves | |||
| 1 | 2 | 3 | 4 | 5 | |||
| 1. | Second-tier Bank | ||||||
| 1.1. | name of second-tier 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. | Bank Affiliates | ||||||
| 2.1. | name of bank affiliate | ||||||
| 2.1.1. | shares | ||||||
| 2.1.2 | debt securities | ||||||
| 2.1.3. | deposits | ||||||
| 2.1.4. | cash | ||||||
| 2.1.5. | "reverse repo" transactions | ||||||
| Total (sum of lines) | |||||||
| Total book value of investments in securities (taking into account "reverse repo" transactions), deposits and cash in one second-tier bank and affiliated persons of this bank, meeting the requirements of sub-item 2) of item 42 of the Norms: from January 1, 2023 – no more than 20 (twenty) percent of the total amount of 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 15 (fifteen) percent of the total amount of insurance reserves, calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure. | |||||||
| No. | Issuer Name | Issuer Rating Category | Balance Amount | Percentage of Total Insurance Reserves | |||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Second-tier Bank | ||||||
| 1.1 | name of second-tier 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 | Bank Affiliates | ||||||
| 2.1 | name of bank affiliate | ||||||
| 2.1.1 | shares | ||||||
| 2.1.2 | debt securities | ||||||
| 2.1.3 | deposits | ||||||
| 2.1.4 | cash | ||||||
| 2.1.5 | "reverse repo" transactions | ||||||
| Total (sum of lines) | |||||||
| Total book value of investments in securities (taking into account "reverse repo" transactions), deposits and cash in one second-tier bank and affiliated persons of this bank, meeting the requirements of sub-item 3) of item 42 of the Norms: from January 1, 2023 – no more than 20 (twenty) percent of the total amount of 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 total amount of insurance reserves, calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure. | |||||||
| No. | Issuer Name | Issuer Rating Category | Balance Amount | Percentage of Total Insurance Reserves | |||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Second-tier Bank | ||||||
| 1.1 | name of second-tier 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 | Bank Affiliates | ||||||
| 2.1 | name of bank affiliate | ||||||
| 2.1.1 | shares | ||||||
| 2.1.2 | debt securities | ||||||
| 2.1.3 | deposits |
| 2.1.4 | money | ||||||
|---|---|---|---|---|---|---|---|
| 2.1.5 | reverse repurchase operations | ||||||
| Total (sum of rows) | |||||||
| Total book value of investments in securities (including reverse repurchase operations) and money in one legal entity that is not a second-level bank, except for the Development Bank of Kazakhstan, and affiliated persons of this legal entity: from January 1, 2023 – no more than 20 (twenty) percent of the total amount of 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 total amount of insurance reserves calculated in accordance with the Requirements for the formation, methodology for calculating insurance reserves and their structure. | |||||||
| No. | Name of issuer | Issuer rating category | Balance sheet amount | Percentage of total insurance reserves | |||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Legal entity | ||||||
| 1 | Name of legal entity | ||||||
| 1.1 | shares | ||||||
| 1.2 | debt securities | ||||||
| 1.3 | reverse repurchase operations | ||||||
| 1.4 | money | ||||||
| 2 | Name of affiliated person | ||||||
| 2.1 | shares | ||||||
| 2.2 | debt securities | ||||||
| 2.3 | reverse repurchase operations | ||||||
| 2.4 | money | ||||||
| Total (sum of rows) | |||||||
| No. | Name of indicator | Balance sheet amount | Percentage of total insurance reserves | ||||
| 1 | Total placement in refined precious metals and metal accounts – no more than 10 (ten) percent of the total amount of 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 operating in the "life insurance" sector – no more than 10 (ten) percent of the total amount of 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 state – no more than 10 (ten) percent of the total amount of 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 defined in paragraph 39 of the Norms: from January 1, 2023 – no more than 20 (twenty) percent of the total amount of 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 total amount of 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 corresponding to the requirements of sub-paragraphs 23) and 24) of paragraph 38 of the Norms – no more than 10 (ten) percent of the total amount of 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 investment funds, less the impairment reserve – no more than 10 (ten) percent of the total amount of 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, including principal amounts and accrued remuneration, less the impairment reserve – no more than 10 (ten) percent of the total amount of 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 finance instruments corresponding to the requirements of sub-paragraphs 25) and 26) of paragraph 38 of the Norms, less the impairment reserve – no more than 10 (ten) percent of the total amount of 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 assets adequacy ratio of an insurance (reinsurance) organization
| No. | Name of indicator | Balance sheet amount | Volume considered | Amount for calculation |
| 1 | 2 | 3 | 4 | 5 |
| 1 | Money – total, including: | X | ||
| 1.1 | cash in the amount not exceeding 1 (one) percent of the total assets of the insurance (reinsurance) organization minus reinsurance assets | 100% | ||
| 1.2 | money of the insurance (reinsurance) organization in accounts at an organization carrying out brokerage and (or) dealer activities in the securities market, held in second-level banks of the Republic of Kazakhstan and in the central depository | 100% | ||
| 1.3 | money in current accounts in second-level banks of the Republic of Kazakhstan specified in rows 2.1 and 2.2 of this table | 100% | ||
| 1.4 | money in current accounts in second-level banks of the Republic of Kazakhstan specified in row 2.3 of this table | 90% | ||
| 1.5 | money of the insurance (reinsurance) organization in accounts at an organization carrying out investment portfolio management activities, held in second-level banks of the Republic of Kazakhstan | 100% | ||
| 2 | Deposits – total, including: | 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 | 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 whose parent banks-non-residents 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 the other rating agencies | 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 | 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 | 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 | 100% | ||
| 3 | Debt securities (except for debt securities that are the subject of a reverse repurchase operation 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 carrying out the buyout of mortgage loans of 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 joint stock companies "Development Bank of Kazakhstan", "National Welfare Fund "Samruk-Kazyna", "National Managing Holding "Baiterek", "Problem Credit 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 the stock exchange operating 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 | 90% | ||
| 3.6 | non-state debt securities issued by entities classified as small or medium-sized enterprises according to the Entrepreneurial Code of the Republic of Kazakhstan, included in the "Debt Securities" sector of the "Main" or "Alternative" platform of the official list of the stock exchange, and having a guarantee from the joint stock company "Business Development Fund "Damu" and (or) the joint stock company "Development Bank of Kazakhstan", the amount of which covers no less than 50 (fifty) percent of the nominal value of these non-state debt securities | 95% | ||
| 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, 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 the stock exchange operating 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 | 60% | ||
| 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 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 | 100% | ||
| 3.9 | 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 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 | 85% | ||
| 3.10 | non-state 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 | 100% | ||
| 3.11 | 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 | 100% | ||
| 3.12 | 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 | 90% | ||
| 3.13 | 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 | 80% | ||
| 3.14 | 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 of one of the other rating agencies | 100% | ||
| 3.15 | 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 of one of the other rating agencies | 85% | ||
| 3.16 | 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 of one of the other rating agencies | 70% | ||
| 4 | Shares and depositary receipts (except for shares and depositary receipts that are the subject of a reverse repurchase operation 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 the main stock indices, and depositary receipts, the underlying asset of which are these 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 "shares" sector of the "Main" platform of the official list of the stock exchange and depositary receipts, the underlying asset of which are these shares | 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 operating on the territory of the International Financial Center "Astana", admitted to public trading, and depositary receipts, the underlying asset of which are these shares, except for shares and depositary receipts, the underlying asset of which are these shares, specified in row 4.4 of this table | 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 operating on the territory of the International Financial Center "Astana", admitted to public trading, and depositary receipts, the underlying asset of which are these 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 of one of the other rating agencies, and depositary receipts, the underlying asset of which are these 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 of one of the other rating agencies, and depositary receipts, the underlying asset of which are these 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 of one of the other rating agencies, and depositary receipts, the underlying asset of which are these 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, the asset structure of which repeats the structure of one of the main stock indices, or whose pricing of units is linked to main 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" of Morningstar rating agency | 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 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 | 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 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 | 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 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 | 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, whose parent organizations 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 | 90% | ||
| 5.8 | securities that are the subject of a reverse repurchase operation 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 to issuers of securities for payment of the nominal value of securities arising from the expiration of their circulation period provided for by the securities issue prospectus (not overdue according to the terms of the securities issue prospectus) | 100% | ||
| 7 | Total high-liquidity assets – HLA | |||
| 8 | Obligations on repurchase operations | |||
| 9 | Insurance reserves minus the reinsurer's share – IR | |||
| 10 | High-liquidity assets adequacy ratio |
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
Date "____" ______ 20__ year
Appendix
to form of the report on compliance with prudential norms by an insurance (reinsurance) organization
Explanation on filling out the administrative data form
Report on compliance with prudential norms by an insurance (reinsurance) organization
(index – 2-PN_M, frequency – monthly)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form "Report on compliance with prudential norms by an insurance (reinsurance) organization" (hereinafter – the Form).
-
The Form is developed in accordance with sub-paragraph 65-2) of part two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", paragraph 10 of Article 46 of the Law of the Republic of Kazakhstan "On Insurance Activity" and sub-paragraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
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 established in thousands of tenge and in percent (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 person entrusted with the function of signing the report, and the executor.
Chapter 2. Explanation on filling out the Form
-
For the purposes of completing the Form, in addition to rating scores from the rating agency Standard & Poor's, rating scores from other rating agencies are recognized as scores 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 Normatives of Insurance (Reinsurance) Organizations and Insurance Groups and Other Mandatory Norms and Limits, Requirements for Shares (Participation Interests in Authorized Capital) of Legal Entities Acquired 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 (Except Shares and Participation Interests in Authorized Capital) Acquired by Insurance (Reinsurance) Organizations", registered in the Registry of State Registration of Normative 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 the calculation of the solvency margin adequacy ratio are indicated;
3) in line 14, information on the compliance with the high-liquidity assets adequacy ratio is indicated ("yes" or "no"). The high-liquidity assets adequacy ratio is not less than 1 (one). In the event of non-compliance with the high-liquidity assets adequacy ratio by the insurance (reinsurance) organization, the value of the ratio is set to "no".
- When increasing the minimum size of the solvency margin by the amount of insurance premiums transferred (transferred) in reinsurance to insurance (reinsurance) organizations-residents and non-residents of the Republic of Kazakhstan under existing reinsurance contracts, when completing Table 2, the minimum rating from the available rating scores on the international or national scale of rating agencies Standard & Poor's, Moody's Investors Service, Fitch, and A.M. Best, as well as their subsidiary rating organizations, is used in accordance with Resolution No. 304.
In Table 2, the following are indicated:
reinsurance contracts concluded with reinsurance non-residents of the Republic of Kazakhstan, except for reinsurers of countries that are participants in the Agreement on the Eurasian Economic Union, ratified by the Law of the Republic of Kazakhstan "On Ratification of the Agreement on the Eurasian Economic Union" (hereinafter – EAEU Agreement);
reinsurance contracts concluded with reinsurance residents of the Republic of Kazakhstan;
reinsurance contracts concluded with reinsurance residents that are participants of the International Financial Center "Astana";
reinsurance contracts concluded with reinsurance countries-participants of the EAEU Agreement.
- Regarding Table 3:
1) in line 1000, the calculated value of the minimum size of the solvency margin by the "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, and 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 the "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 the 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, except for the class of life insurance within the state educational savings system" and "annuity insurance, except for the class of pension 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 the 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 corresponds to 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 34 of the Normatives;
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, calculated taking into account the classification of assets by quality and liquidity, corresponding to the requirements of paragraph 33 of the Normatives, is indicated.
- Regarding Table 6:
1) if a financial instrument corresponds to 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 assets adequacy ratio, equal to the ratio of the high-liquidity assets of the insurance (reinsurance) organization (minus liabilities on repurchase agreements) to insurance reserves minus the reinsurer's share, is indicated.
Appendix 2
to the resolution
Appendix 3
to the resolution of the Board
of the National Bank
of the Republic of Kazakhstan
of 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 internet resource: www.nationalbank.kz
Report on the Calculation of the Reserve for Unforeseen Risks by an Insurance (Reinsurance) Organization
Administrative data form index: 3-RNR-Q
Frequency: quarterly
Reporting period: as of "____" ______ 20 ___ year
Circle of persons submitting information: insurance (reinsurance) organization
Deadline for submitting the administrative data form: quarterly, no later than the 6 (sixth) working day of the month following the reporting quarter
Form
Table. Calculation of the Reserve for Unforeseen Risks by an Insurance (Reinsurance) Organization
(in thousands of tenge)
| No. | Insurance Class | Share of Net Insurance Premiums | Net Insurance Payouts | Sum of Insurer's Expenses for Settling Insurance Losses |
| 1 | 2 | 3 | 4 | 5 |
| 1 | Compulsory Insurance | |||
| 1.1 | Civil liability of vehicle owners | |||
| 1.2 | Civil liability of the carrier to passengers | |||
| 1.3 | Civil liability insurance of private notaries | |||
| 1.4 | Ecological insurance | |||
| 1.5 | Civil liability of audit organizations | |||
| 1.6 | Tourist insurance | |||
| 1.7 | Civil liability of owners of objects whose activities are associated with the danger of causing harm to third parties | |||
| 1.8 | Insurance of workers against accidents while performing their labor (official) duties | |||
| 1.9 | Other types (classes) of insurance | |||
| 2 | Voluntary Personal Insurance | |||
| 2.1 | Life insurance, except for the class indicated in line 2.3 of this table | |||
| 2.2 | Annuity insurance, except for the class indicated in line 2.4 of this table | |||
| 2.3 | Life insurance within the state educational savings system | |||
| 2.4 | Pension annuity insurance | |||
| 2.5 | Accident insurance | |||
| 2.6 | Sickness insurance, including: | |||
| 2.6.1 | Traveling abroad | |||
| 2.7 | 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 objects insurance | |||
| 3.6 | Cargo insurance | |||
| 3.7 | Property insurance, except for the classes indicated in lines 3.1, 3.2, 3.3, 3.4, 3.5, and 3.6 of this table | |||
| 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, except for the classes indicated in lines 3.8, 3.9, 3.10, 3.11, and 3.12 of this table | |||
| 3.14 | Legal entity loan insurance | |||
| 3.15 | Mortgage insurance | |||
| 3.16 | Guarantee and surety insurance | |||
| 3.17 | Other financial loss insurance | |||
| 3.18 | Losses of financial organizations insurance, except for the classes indicated in lines 3.14, 3.15, 3.16, and 3.17 of this table | |||
| 3.19 | Title insurance | |||
| 3.20 | Court costs insurance | |||
| 3.21 | Other types (classes) of insurance | |||
| 4 | Total |
continuation of the table:
| Net Written Insurance Premiums | Change in Unearned Premium Reserve without Reinsurer's Share | Change in Loss Reserves without Reinsurer's Share | Reserve for Unforeseen Risks |
| 6 | 7 | 8 | 9 |
Name ______
Address ______
Phone ______
Email Address ______
Executor ______ ______
surname, name, patronymic (if any) signature, phone
Head or person entrusted with the function of signing the report
surname, name, patronymic (if any) signature
Date "____" ______ 20__ year
Appendix
to the report form on the calculation of the reserve
for unforeseen risks by an insurance
(reinsurance) organization
Explanation on filling out the administrative data form
Report on the Calculation of the Reserve for Unforeseen Risks by an Insurance (Reinsurance) Organization
(index – 3-RNR-Q, frequency – quarterly)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form "Report on the Calculation of the Reserve for Unforeseen Risks by an Insurance (Reinsurance) Organization" (hereinafter – Form).
-
The Form is developed in accordance with sub-item 65-2) of part two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", item 10 of Article 46 of the Law of the Republic of Kazakhstan "On Insurance Activity", and sub-item 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
The Form is filled out by the insurance (reinsurance) organization quarterly. The unit of measurement used when filling out the Form is established in thousands of tenge and in percent (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 entrusted with the function of signing the report, and the executor.
Chapter 2. Explanation on Filling out the Form
-
The Form is filled out for each insurance class.
-
In column 3, the share of net insurance premiums under existing insurance contracts for the insurance class in the total volume of net insurance premiums under existing insurance contracts as of the reporting date is indicated.
-
In columns 4, 5, 6, 7, and 8, data for the last 12 (twelve) months preceding the reporting date are indicated.
-
In line 1.8, contracts for compulsory insurance of workers against accidents and contracts for annuity insurance concluded in accordance with the Law of the Republic of Kazakhstan "On Compulsory Insurance of Workers Against Accidents While Performing Their Labor (Official) Duties" are indicated.
-
In line 2.2, contracts for annuity insurance are indicated, except for contracts for annuity insurance concluded in accordance with the Law of the Republic of Kazakhstan "On Compulsory Insurance of Workers Against Accidents While Performing Their Labor (Official) Duties" and the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan".
-
In line 2.4, contracts for pension annuities concluded in accordance with the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan" are indicated.
Appendix 3
to the resolution
Appendix 4
to the resolution of the Board
of the National Bank
of the Republic of Kazakhstan
of 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 internet resource: www.nationalbank.kz
Report on the Calculation of the Stabilization Reserve by an Insurance (Reinsurance) Organization
Administrative data form index: 4-SR-Y
Frequency: annual
Reporting period: as of "____" ______ 20 ___ year
Circle of persons submitting information: insurance (reinsurance) organization
Deadline for submitting the administrative data form: annually, no later than February 10 (tenth) of the year following the reporting year
Form
Table. Calculation of the Stabilization Reserve by an Insurance (Reinsurance) Organization
(in thousands of tenge)
| No. | Insurance Class | Loss Ratio without Reinsurer's Share for the First Financial Year | Loss Ratio without Reinsurer's Share for the Second Financial Year | Loss Ratio without Reinsurer's Share for the Third Financial Year | Loss Ratio without Reinsurer's Share for the Fourth Financial Year | Loss Ratio without Reinsurer's Share for the Fifth Financial Year |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 1 | Compulsory Insurance | |||||
| 1.1 | Civil liability of vehicle owners | |||||
| 1.2 | Civil liability of the carrier to passengers | |||||
| 1.3 | Civil liability insurance of private notaries | |||||
| 1.4 | Ecological insurance | |||||
| 1.5 | Civil liability of audit organizations | |||||
| 1.6 | Tourist insurance | |||||
| 1.7 | Civil liability of owners of objects whose activities are associated with the danger of causing harm to third parties | |||||
| 1.8 | Insurance of workers against accidents while performing their labor (official) duties | |||||
| 1.9 | Other types (classes) of insurance | |||||
| 2 | Voluntary Personal Insurance | x | x | x | x | x |
| 2.1 | Life insurance, except for the class indicated in line 2.3 of this table | x | x | x | x | x |
| 2.2 | Annuity insurance, except for the class indicated in line 2.4 of this table | x | x | x | x | x |
| 2.3 | Life insurance within the state educational savings system | x | x | x | x | x |
| 2.4 | Pension annuity insurance | x | x | x | x | x |
| 2.5 | Accident insurance | x | x | x | x | x |
| 2.6 | Sickness insurance, including: | x | x | x | x | x |
| 2.6.1 | Traveling abroad | x | x | x | x | x |
| 2.7 | Other types (classes) of insurance | x | x | x | x | x |
| 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 objects insurance | |||||
| 3.6 | Cargo insurance | |||||
| 3.7 | Property insurance, except for the classes indicated in lines 3.1, 3.2, 3.3, 3.4, 3.5, and 3.6 of this table | |||||
| 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, except for the classes indicated in lines 3.8, 3.9, 3.10, 3.11, and 3.12 of this table | |||||
| 3.14 | Legal entity loan insurance | |||||
| 3.15 | Mortgage insurance | |||||
| 3.16 | Guarantee and surety insurance | |||||
| 3.17 | Other financial loss insurance | |||||
| 3.18 | Losses of financial organizations insurance, except for the classes indicated in lines 3.14, 3.15, 3.16, and 3.17 of this table | |||||
| 3.19 | Title insurance | |||||
| 3.20 | Court costs insurance | |||||
| 3.21 | Other types (classes) of insurance | |||||
| 4 | Total |
continuation of the table:
| Average Value of Loss Ratio for the Reporting Period without Reinsurer's Share | Standard Deviation of Loss Ratio for the Reporting Period without Reinsurer's Share | Sum of Net Earned Insurance Premiums for the Last Financial Year | Stabilization Reserve for the Previous Financial Year | Loss Ratio for the Reporting Period without Reinsurer's Share Minus the Average Value of the Loss Ratio for the Reporting Period without Reinsurer's Share | Stabilization Reserve as of the Reporting Date |
| 8 | 9 | 10 | 11 | 12 | 13 |
| … |
Name ______
Address ______
Phone ______
Email Address ______
Executor ______ ______
surname, name, patronymic (if any) signature, phone
Head or person entrusted with the function of signing the report
surname, name, patronymic (if any) signature
Date "____" ______ 20__ year
Appendix
to the report form on the calculation of
the stabilization reserve by an insurance
(reinsurance) organization
Explanation on filling out the administrative data form
Report on the Calculation of the Stabilization Reserve by an Insurance (Reinsurance) Organization
(index – 4-SR-Y, frequency – annual)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form "Report on the Calculation of the Stabilization Reserve by an Insurance (Reinsurance) Organization" (hereinafter – Form).
-
The Form is developed in accordance with sub-item 65-2) of part two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", item 10 of Article 46 of the Law of the Republic of Kazakhstan "On Insurance Activity", and sub-item 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
The Form is filled out by the insurance (reinsurance) organization annually. Data in the Form is filled out 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 1,000 (one thousand) tenge.
-
The Form is signed by the head or the person entrusted with the function of signing the report, and the executor.
Chapter 2. Explanation on Filling out the Form
-
In the Form, the stabilization reserve is calculated in accordance with paragraph 2 of Chapter 7 of the Normative Values and Calculation Methodologies for Prudential Normatives of Insurance (Reinsurance) Organizations and Insurance Groups and Other Mandatory Norms 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 Calculation Methodologies for Prudential Normatives of Insurance (Reinsurance) Organizations and Insurance Groups and Other Mandatory Norms and Limits, Requirements for Shares (Participation Interests in Authorized Capital) of Legal Entities Acquired 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 (Except Shares and Participation Interests in Authorized Capital) Acquired by Insurance (Reinsurance) Organizations", registered in the Registry of State Registration of Normative Legal Acts under No. 14794.
-
The Form is filled out for each insurance class, except for the classes "accident insurance", "sickness insurance", "compulsory tourist insurance", "life insurance", "annuity insurance", "life insurance within the state educational savings system", "pension annuity insurance".
-
In line 1.8, contracts of mandatory insurance of employees against accidents and annuity insurance contracts concluded in accordance with the Law of the Republic of Kazakhstan "On Mandatory Insurance of Employees Against Accidents in the Performance of Their Labor (Official) Duties" are indicated.
-
In line 2.2, annuity insurance contracts are indicated, except for annuity insurance contracts concluded in accordance with the Law of the Republic of Kazakhstan "On Mandatory Insurance of Employees Against Accidents in the Performance of Their Labor (Official) Duties" and the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan".
-
In line 2.4, pension annuity contracts concluded in accordance with the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan" are indicated.
Appendix 4
to the resolution
Appendix 6
to the resolution of the Board of the National Bank of the Republic of Kazakhstan of 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 internet resource: www.nationalbank.kz
Report on the fulfillment of prudential norms by an Islamic insurance (reinsurance) organization
Administrative data form index: 6-PN_M
Frequency: monthly
Reporting period: as of "____" ______ 20 __ year
Circle of persons submitting information: Islamic insurance (reinsurance) organization
Deadline for submitting the administrative data form: monthly no later than the 6 (sixth) working day of the month following the reporting month
Form
Table 1. Information on the fulfillment of prudential norms by an Islamic insurance (reinsurance) organization
| No. | Name of the norm | Value of the indicator |
| 1 | 2 | 3 |
| 1 | Solvency margin adequacy norm (1.1/1.2) | |
| 1.1 | Actual solvency margin (1.3 + 1.4 or 1.8, the smaller value) (in thousands of tenge) | |
| 1.2 | Minimum size of solvency margin ("400") (in thousands of tenge) | |
| 1.3 | Intermediate result of the calculation of the actual solvency margin ("100") (in thousands of tenge) | |
| 1.4 | Amount included in the calculation of the actual solvency margin ("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 Islamic reinsurer ("13000") (in thousands of tenge) | |
| 1.7 | Liabilities, excluding the amount of insurance reserves ("14000") (in thousands of tenge) | |
| 1.8 | Actual solvency margin 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 Islamic securities, deposits and money in one second-tier bank and affiliated persons of this bank, meeting the requirements of subparagraph 1) of paragraph 37 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits Established by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated January 31, 2019 No. 14 "On Establishing Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits, Requirements for Islamic Securities (Reinsurance) Organizations, Subsidiary Organizations of Islamic Insurance (Reinsurance) Organizations to Acquire Shares (Participation Shares in the Authorized Capital) of Legal Entities, as well as the List of Financial Instruments (Excluding Shares and Participation Shares in the Authorized Capital) Acquired by Islamic Insurance (Reinsurance) Organizations", registered in the Registry of State Registration of Regulatory Legal Acts under No. 18293 (hereinafter - Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits) - not more than 20 (twenty) percent of the total assets calculated in accordance with paragraph 32 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits (in percent) | |
| 3 | Total book value of investments in Islamic securities, deposits and money in one second-tier bank and affiliated persons of this bank, meeting the requirements of subparagraph 2) of paragraph 37 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits, - not more than 15 (fifteen) percent of the total assets calculated in accordance with paragraph 32 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits (in percent) | |
| 4 | Total book value of investments in Islamic securities, deposits and money in one second-tier bank and affiliated persons of this bank, meeting the requirements of subparagraph 3) of paragraph 37 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits, - not more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits (in percent) | |
| 5 | Total book value of investments in Islamic securities and money in one legal entity that is not a second-tier bank, and affiliated persons of this legal entity - not more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits (in percent) | |
| 6 | Total placement in refined precious metals and metal deposits for a term of not more than 12 (twelve) months - not more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits (in percent) | |
| 7 | Total book value of investments in Islamic securities having the status of state securities issued by the central government of a foreign state - not more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits (in percent) | |
| 8 | Total book value of investments in Islamic securities of an international financial organization that is included in the list established by paragraph 35 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits - not more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits (in percent) | |
| 9 | Total book value of investments in units meeting the requirements of subparagraphs 23) and 24) of paragraph 34 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits - not more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits (in percent) | |
| 10 | Total book value of investments in units of open and interval unit investment funds - not more than 5 (five) percent of the total assets calculated in accordance with paragraph 32 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits (in percent) | |
| 11 | Total book value of investments in debt securities issued by local executive bodies of the Republic of Kazakhstan - not more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits (in percent) | |
| 12 | Total book value of investments in Islamic financing instruments meeting the requirements of subparagraphs 25) and 26) of paragraph 34 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits - not more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits (in percent) | |
| 13 | Information on the fulfillment of the high-liquidity assets adequacy norm ("yes" or "no") |
Table 2. Amount of increase in the minimum size of the solvency margin of an Islamic insurance (reinsurance) organization
(in thousands of tenge)
| Name of the Islamic reinsurer | Rating assessment of the Islamic reinsurer according to an international or national scale (solvency margin adequacy norm) | Volume of liabilities transferred (to be transferred) for reinsurance under existing Islamic reinsurance contracts, total | Percentage of the volume of liabilities transferred (to be transferred) for reinsurance under existing Islamic reinsurance contracts | Amount of increase in the minimum size of the solvency margin (column 3 x column 4) |
|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 |
| Islamic reinsurance contracts concluded with Islamic reinsurer-non-residents of the Republic of Kazakhstan, except for Islamic reinsurers of countries-participants of the Agreement on the Eurasian Economic Union, ratified by the Law of the Republic of Kazakhstan "On Ratification of the Agreement on the Eurasian Economic Union" (hereinafter - Agreement on EAEU) | ||||
| 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% | ||
| Islamic reinsurance contracts concluded with Islamic reinsurer-residents of the Republic of Kazakhstan | ||||
| Group 7 | not lower than "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% | ||
| Islamic reinsurance contracts concluded with Islamic reinsurers of countries-participants of the Agreement on EAEU | ||||
| 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 solvency margin for an Islamic insurance (reinsurance) organization carrying out Islamic insurance activity in the "general insurance" industry and an Islamic reinsurance organization carrying out reinsurance as an exclusive type of activity
(in thousands of tenge)
| Name of the indicator | Line Code | Amount | |
|---|---|---|---|
| 1 | 2 | 3 | |
| Calculation of the minimum size of the solvency margin using the "premium method" | |||
| Insurance premiums accepted under Islamic insurance and reinsurance contracts for the previous financial year, total (according to subparagraphs 1), 2) and 3) of paragraph 12 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits) | 1110 | ||
| Amount of expenses for payment of remuneration to the Islamic insurance (reinsurance) organization for managing the Islamic insurance fund for the previous financial year | 1120 | ||
| Amount of corporate income tax for the previous financial year | 1130 | ||
| Adjusted insurance premiums accepted under Islamic insurance and reinsurance contracts for the previous financial year ("1110" - "1120" - "1130") | 1100 | ||
| Earned insurance premiums under Islamic insurance and reinsurance contracts for the previous financial year, total (according to subparagraphs 1), 2) and 3) of paragraph 12 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits) | 1210 | ||
| Adjusted total earned insurance premiums for the previous financial year ("1210" - "1120" - "1130") | 1200 | ||
| Total insurance premiums accepted under Islamic 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 payouts minus the share of the Islamic reinsurer in insurance payouts, accrued for the previous 3 (three) financial years ("1311" + "1312" + "1313") | 1310 | ||
| Total insurance payouts minus the share of the Islamic reinsurer in insurance payouts, accrued as of the end of the previous financial year | 1311 | ||
| Total insurance payouts minus the share of the Islamic reinsurer in insurance payouts, accrued as of the end of the financial year, for 1 (one) year preceding the previous financial year | 1312 | ||
| Total insurance payouts minus the share of the Islamic reinsurer in insurance payouts, accrued as of the end of the financial year, for 2 (two) years preceding the previous financial year | 1313 | ||
| Total insurance payouts accrued for the previous 3 (three) financial years ("1321" + "1322" + "1323") | 1320 | ||
| Total insurance payouts accrued for the previous financial year | 1321 | ||
| Total insurance payouts accrued as of the end of the financial year, for 1 (one) year preceding the previous financial year | 1322 | ||
| Total insurance payouts 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 size of solvency margin ("premium method") ("1020" x "1300") | 1000 | ||
| Calculation of the minimum size of the solvency margin using the "payout method" (in thousands of tenge) | |||
| Total insurance payouts | accrued for the previous 3 (three) financial years (taking into account the requirements of subparagraph 2) of paragraph 13 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits) ("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 for the previous 7 (seven) financial years for Islamic 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 "On Insurance Activity" (hereinafter - 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 Islamic 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 payouts for further calculation (1/3 x ("2110" + "2210" - "2310")) | 2030 | ||
| Total insurance payouts for further calculation (1/7 x ("2120" + "2210" - "2320")), for Islamic 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 size of 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 size of solvency margin | |||
| Minimum size of solvency margin ("1000" or "2000", the larger value) | 3000 | ||
| Amount of increase in the minimum size of the solvency margin under Islamic insurance (reinsurance) contracts specified in paragraph 14 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits | 3010 | ||
| Adjusted minimum size of solvency margin for the reporting period ("3000" + "3010") | 3100 | ||
| Minimum size of solvency margin for the previous financial year | 4100 | ||
| Reserve for reported but unsettled losses minus the share of the Islamic reinsurer as of the end of the previous financial year | 4010 | ||
| Reserve for reported but unsettled losses minus the share of the Islamic reinsurer as of the beginning of the previous financial year | 4020 | ||
| Minimum size of 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 size of solvency margin (if "4000" ≤ "3100", then "3100"; if "4000" > "3100", then "4000") | 5000 | ||
| Minimum size of the guarantee fund | 6000 | ||
| Calculated minimum size of solvency margin ("5000" + part of the amount of liabilities transferred for reinsurance, calculated in accordance with Table 2 of this Report on the fulfillment of prudential norms by an Islamic insurance (reinsurance) organization) | 7000 | ||
| Minimum size of the guarantee fund ("6000" + part of the amount of liabilities transferred for reinsurance, calculated in accordance with Table 2 of this Report on the fulfillment of prudential norms by an Islamic insurance (reinsurance) organization) | 8000 | ||
| Minimum size of solvency margin for the reporting period ("7000" or "8000", the larger value) | 9000 | ||
| Calculation of the actual solvency margin for Islamic insurance (reinsurance) organizations in the "general insurance" industry | |||
| Paid-up charter capital for an Islamic insurance (reinsurance) organization | 111 | ||
| Undistributed income of previous periods | 112 | ||
| Reserve capital, Reserve for unforeseen risks and Stabilization reserve | 113 | ||
| Intangible assets, except for software acquired for the purposes of the main activity of an Islamic insurance (reinsurance) organization (at cost taking into account accumulated amortization and not exceeding 10 (ten) percent of the assets of an Islamic insurance (reinsurance) organization) | 114 | ||
| Uncovered loss of previous years | 115 | ||
| Uncovered loss of the reporting period | 116 | ||
| Investments in the charter capital of other legal entities | 117 | ||
| Intermediate Result A ("111" + "113" + "114" - "115" - "116" - "117" - "118") | 118 | ||
| Subordinated debt with a fixed maturity date | 119 | ||
| Subordinated debt without a fixed maturity date | 100 | ||
| Intermediate Result B ("201" + "202") | 201 | ||
| Amount included in the calculation of the actual solvency margin: if "211" > 0.5 x ("100" or "400", the smaller value), then 0.5 x ("100" or "400", the smaller value); if "211" ≤ 0.5 x ("100" or "400", the smaller value), then "211" | 202 | ||
| Actual solvency margin ("100" + "200" or "15000", the smaller value) | 203 | ||
| Minimum size of solvency margin ("9000") | 211 | ||
| Solvency margin adequacy norm ("300" / "400") | 200 | ||
| Paid-up charter capital for an Islamic insurance (reinsurance) organization | 300 | ||
| Undistributed income of previous periods | 400 | ||
| Reserve capital, Reserve for unforeseen risks and Stabilization reserve | 500 |
Table 4. Calculation of the minimum size of the solvency margin for an Islamic insurance (reinsurance) organization carrying out Islamic insurance activity in the "life insurance" industry
(in thousands of tenge)
| Indicator Name | Line Code | Amount |
| 1 | 2 | 3 |
| For classes "life insurance", "annuity insurance", "life insurance within the state educational savings system", "pension annuity insurance" | ||
| Islamic life insurance contracts in case of death | ||
| Total risk-based capital for Islamic life insurance contracts in case of death (term up to 3 (three) years), for which risk-based capital is not a negative value ("1113" - "1111") | 1110 | |
| Amount of formed insurance reserves | 1111 | |
| Share of the Islamic reinsurer in insurance reserves | 1112 | |
| Total sum insured for Islamic life insurance contracts in case of death | 1113 | |
| Share of the Islamic reinsurer in the sum insured | 1114 | |
| Total risk-based capital for Islamic life insurance contracts in case of death (term from 3 (three) to 5 (five) years), for which risk-based capital is not a negative value ("1123" - "1121") | 1120 | |
| Amount of formed insurance reserves | 1121 | |
| Share of the Islamic reinsurer in insurance reserves | 1122 | |
| Total sum insured for Islamic life insurance contracts in case of death | 1123 | |
| Share of the Islamic reinsurer in the sum insured | 1124 | |
| Total risk-based capital for other Islamic life insurance contracts in case of death, for which risk-based capital is not a negative value ("1133" - "1131") | 1130 | |
| Amount of formed insurance reserves | 1131 | |
| Share of the Islamic reinsurer in insurance reserves | 1132 | |
| Total sum insured for Islamic life insurance contracts in case of death | 1133 | |
| Share of the Islamic reinsurer in the sum insured | 1134 | |
| Risk-based capital for Islamic life insurance contracts in case of death concluded in the previous financial year ("1110" + "1120" + "1130") | 1140 | |
| Risk-based capital for Islamic life insurance contracts in case of death concluded in the previous financial year, less the share of the Islamic reinsurer ("1140" + "1112" - "1114" + "1122" - "1124" + "1132" - "1134") | 1150 | |
| Adjustment coefficient (if "1150" / "1140" > 0.5, then "1150" / "1140"; if "1150" / "1140" ≤ 0.5, then 0.5) | 1160 | |
| Minimum solvency margin for Islamic life insurance contracts in case of death (("1110" x 0.001 + "1120" x 0.0015 + "1130" x 0.003) x "1160")) | 1170 | |
| Other Islamic life insurance contracts | ||
| Amount of formed insurance reserves at the end of the previous financial year for Islamic pension annuity contracts | 1210 | |
| Amount of formed insurance reserves at the end of the previous financial year for other Islamic insurance contracts | 1211 | |
| Amount of formed insurance reserves for calculation ("1210" x corresponding percentage rate established by paragraph 21 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and other mandatory norms and limits + "1211" x 0.04) | 1220 | |
| Amount of formed insurance reserves less the share of the Islamic reinsurer in insurance reserves at the end of the previous financial year | 1230 | |
| Adjustment 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 Islamic life insurance contracts ("1220" x "1240") | 1200 | |
| Minimum solvency margin ("1170" + "1200") | 1000 | |
| For classes "accident insurance", "sickness insurance", and "mandatory insurance of employees against accidents while performing their labor (official) duties" | ||
| Insurance premiums accepted under Islamic insurance and reinsurance contracts for the previous financial year, total (taking into account the requirements of part two of paragraph 22 of the Normative Values and Methodologies for Calculating Prudential Norms of an Islamic Insurance (Reinsurance) Organization and other mandatory norms and limits) | 3110 | |
| Amount of expenses for payment of remuneration to the Islamic insurance (reinsurance) organization for managing the Islamic insurance fund for the previous financial year | 3120 | |
| Adjusted insurance premiums accepted under Islamic insurance and reinsurance contracts for the previous financial year ("3110" - "3120") | 3140 | |
| Earned insurance premiums under Islamic insurance and reinsurance contracts for the previous financial year, total | 3150 | |
| Adjusted total earned insurance premiums for the previous financial year ("3150" - "3120") | 3160 | |
| Total insurance premiums accepted under Islamic 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 claims less the share of the Islamic reinsurer in insurance claims, accrued for the previous 3 (three) financial years ("3311" + "3312" + "3313") | 3310 | |
| Total insurance claims less the share of the Islamic reinsurer in insurance claims, accrued at the end of the previous financial year | 3311 | |
| Total insurance claims less the share of the Islamic reinsurer in insurance claims, accrued at the end of the financial year, for 1 (one) year preceding the previous financial year | 3312 | |
| Total insurance claims less the share of the Islamic reinsurer in insurance claims, accrued at the end of the financial year, for 2 (two) years preceding the previous financial year | 3313 | |
| Total insurance claims, accrued for the previous 3 (three) financial years ("3321" + "3322" + "3323") | 3320 | |
| Total insurance claims, accrued for the previous financial year | 3321 | |
| Total insurance claims, accrued at the end of the financial year, for 1 (one) year preceding the previous financial year | 3322 | |
| Total insurance claims, accrued at the end of the financial year, for 2 (two) years preceding the previous financial year | 3323 | |
| Adjustment 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 claims, accrued for the previous 3 (three) financial years ("3511" + "3512" + "3513"): | 3510 | |
| accrued at the end of the previous financial year | 3511 | |
| accrued at the end of the year, for 1 (one) year preceding the previous financial year | 3512 | |
| accrued at the end of the year, for 2 (two) years preceding the previous financial year | 3513 | |
| Amount of the reserve for reported but unsettled losses at the end of the previous financial year | 3520 | |
| Amount of the reserve for reported but unsettled losses at the end of the financial year, for 2 (two) years preceding the previous financial year | 3530 | |
| Total insurance claims for further calculation (1/3 x ("3510" + "3520" - "3530")) | 3500 | |
| Minimum solvency margin ("claims 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", the larger value) | 3000 | |
| Minimum solvency margin | ||
| Minimum solvency margin for the reporting period ("1000" + "3000") | 4000 | |
| Minimum size of the guarantee fund | 5000 | |
| Calculated minimum solvency margin ("4000" + part of the amount of liabilities transferred to reinsurance, calculated in accordance with Table 2 of this Report on the fulfillment of prudential norms by an Islamic insurance (reinsurance) organization) | 6000 | |
| Minimum size of the guarantee fund ("5000" + part of the amount of liabilities transferred to reinsurance, calculated in accordance with Table 2 of this Report on the fulfillment of prudential norms by an Islamic insurance (reinsurance) organization) | 7000 | |
| Minimum solvency margin ("6000" or "7000", the larger value) | 8000 | |
| Calculation of the actual solvency margin for insurance (reinsurance) organizations in the "life insurance" industry | ||
| Paid-up charter capital for an Islamic insurance (reinsurance) organization | 111 | |
| Undistributed income of previous periods | 113 | |
| Reserve capital, Reserve for unforeseen risks, and Stabilization reserve | 114 | |
| Intangible assets, except for software acquired for the purposes of the main activity of an Islamic insurance (reinsurance) organization (at cost including accumulated amortization and not exceeding 10 (ten) percent of the assets of an Islamic 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 | |
| Intermediate Result A ("111" + "113" + "114" - "115" - "116" - "117" - "118") | 100 | |
| Subordinated debt with a fixed maturity date | 201 | |
| Subordinated debt without a fixed maturity date | 202 | |
| Intermediate Result B ("201" + "202") | 211 | |
| Amount included in the calculation of the actual solvency margin: if "211" > 0.5 x ("100" or "400", the smaller value), then 0.5 x ("100" or "400", the smaller value); if "211" ≤ 0.5 x ("100" or "400", the smaller value), then "211" | 200 | |
| Actual solvency margin ("100" + "200" or "15000", the smaller value) | 300 | |
| Minimum solvency margin ("8000") | 400 | |
| Solvency margin adequacy ratio ("300" / "400") | 500 |
Table 5. Calculation of assets of an Islamic insurance (reinsurance) organization taking into account their classification by quality and liquidity
(in thousands of tenge)
| No. | Indicator Name | Line Code | Balance Amount | Accountable Volume | Amount to Calculate | ||
| 1 | 2 | 3 | 4 | 5 | 6 | ||
| 1 | Cash – total, including: | 11110 | х | ||||
| 1.1 | cash in vault in an amount not exceeding 1 (one) percent of the assets of an Islamic insurance (reinsurance) organization minus the assets of Islamic reinsurance | 11111 | 100% | ||||
| 1.2 | cash in transit in second-tier banks of the Republic of Kazakhstan | 11112 | 100% | ||||
| 1.3 | cash in current accounts in second-tier banks of the Republic of Kazakhstan specified in lines 2.1 and 2.2 of this Appendix | 11113 | 100% | ||||
| 1.4 | cash in current accounts in second-tier banks of the Republic of Kazakhstan specified in line 2.3 of this Appendix | 11114 | 90% | ||||
| 1.5 | cash of an Islamic insurance (reinsurance) organization in accounts at an organization carrying out brokerage and/or dealer activities in the securities market, held in second-tier banks of the Republic of Kazakhstan, and in the central depository | 11115 | 100% | ||||
| 1.6 | cash of an Islamic insurance (reinsurance) organization in accounts at an organization carrying out investment portfolio management activities, held in second-tier banks of the Republic of Kazakhstan | 11116 | 100% | ||||
| 2 | Deposits – total, including: | 11120 | х | ||||
| 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 "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-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 from 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 subsidiary banks-residents 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 from one of other rating agencies | 11122 | 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 one of 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 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 from one of 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 from one of other rating agencies | 11125 | 100% | ||||
| 3 | Debt Securities – total, including: | 11130 | х | ||||
| 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 in the territory of the Republic of Kazakhstan | 11132 | 100% | ||||
| 3.3 | debt securities issued by a legal entity carrying out the buyout of mortgage loans of individuals not related to entrepreneurial activity, one hundred percent of whose shares belong to the National Bank of the Republic of Kazakhstan | 11133 | 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 | 11134 | 100% | ||||
| 3.5 | non-government debt Islamic 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 denominated in foreign currency and admitted to public trading on a stock exchange operating in the territory of the International Financial Center "Astana" | 11135 | 90% | ||||
| 3.6 | non-government debt Islamic 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 | 11136 | 60% | ||||
| 3.7 | non-government debt Islamic 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 from 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 | 11137 | 100% | ||||
| 3.8 | non-government debt Islamic 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 from 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 | 11138 | 85% | ||||
| 3.9 | non-government debt Islamic 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 from one of other rating agencies, as well as debt Islamic securities issued by the Eurasian Development Bank and denominated in the national currency of the Republic of Kazakhstan | 11139 | 100% | ||||
| 3.10 | debt Islamic 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 one of other rating agencies | 11140 | 100% | ||||
| 3.11 | debt Islamic 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 one of other rating agencies | 11141 | 90% | ||||
| 3.12 | debt Islamic 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 one of other rating agencies | 11142 | 80% | ||||
| 3.13 | non-government debt Islamic 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 from one of other rating agencies | 11143 | 100% | ||||
| 3.14 | non-government debt Islamic 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 from one of other rating agencies | 11144 | 85% | ||||
| 3.15 | non-government debt Islamic 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 from one of other rating agencies | 11145 | 70% | ||||
| 4 | Shares and Depositary Receipts – total, including: | 11150 | х | ||||
| 4.1 | shares of legal entities of the Republic of Kazakhstan and foreign issuers included in the main stock indices, and depositary receipts whose underlying asset is these 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 whose underlying asset is these 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 denominated in foreign currency, admitted to public trading on a stock exchange operating in the territory of the International Financial Center "Astana", and depositary receipts whose underlying asset is these shares | 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, and depositary receipts whose underlying asset is these 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 from one of other rating agencies, and depositary receipts whose underlying asset is these 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 from one of other rating agencies, and depositary receipts whose underlying asset is these 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 from one of other rating agencies, and depositary receipts whose underlying asset is these shares | 11157 | 60% | ||||
| 4.8 | shares of the Joint Stock Company "Insurance Payouts Guarantee Fund" | 11158 | 100% | ||||
| 5 | Other Securities – total, including: | 11160 | х | ||||
| 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 the pricing of whose units 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 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 one of 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 other rating agencies | 11164 | 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 one of 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 other rating agencies | 11165 | 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 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 | 11166 | 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 assessment of a similar level from one of other rating agencies | 11167 | 90% | ||||
| 6 | Other Assets – total, including: | 11170 | х | ||||
| 6.1 | refined precious metals and metal deposits | 11171 | 100% | ||||
| 6.2 | fixed assets in the form of real estate in an amount not exceeding 5 (five) percent of the sum of highly liquid assets of an Islamic insurance (reinsurance) organization, in an amount of 100 (one hundred) percent of the lesser of the book and market values | 11173 | 100% | ||||
| 6.3 | software purchased for the purposes of the main activity of an Islamic insurance (reinsurance) organization (at cost taking into account accumulated depreciation and not exceeding 10 (ten) percent of the sum of highly liquid assets of an Islamic insurance (reinsurance) organization) | 11174 | 100% | ||||
| 6.4 | amounts receivable from Islamic reinsurers, insurance premiums receivable from policyholders (reinsurers) and intermediaries in an amount not exceeding 10 (ten) percent of the sum of highly liquid assets of an Islamic insurance (reinsurance) organization minus the assets of Islamic reinsurance | 11175 | 100% | ||||
| 6.5 | claims to security issuers for the payment of the nominal value of securities arising from the expiration of their trading period provided for in the securities issue prospectus (not overdue according to the terms of the securities issue prospectus) | 11176 | 100% | ||||
| 7 | Total assets taking into account their classification by quality and liquidity - A - ("11110" + "11120" + "11130" + "11150" + "11160" + "11170") | 12000 | х | х | |||
| 8 | Insurance Reserves minus the share of Islamic reinsurer - IR | 13000 | х | ||||
| 9 | Liabilities, excluding 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 | х | х | |||
| 11 | Sum of assets minus assets of Islamic reinsurance | 16000 | х | ||||
| Calculation of asset diversification ratios | |||||||
| The total book value of investments in Islamic securities, deposits and cash in one second-tier bank and affiliated persons of this bank, meeting the requirements of subparagraph 1) of paragraph 37 of the Normative Values and Calculation Methods for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits, – not more than 20 (twenty) percent of the sum of assets, calculated in accordance with paragraph 32 of the Normative Values and Calculation Methods for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits | |||||||
| No. | Issuer Name | Issuer Rating Category | Balance Amount | Percentage of Asset Sum | |||
| 1 | 2 | 3 | 4 | 5 | |||
| 1. | Second-tier Bank | ||||||
| 1.1. | name of second-tier bank | ||||||
| 1.1.1. | shares | ||||||
| 1.1.2. | debt Islamic securities | ||||||
| 1.1.3. | deposits in the bank | ||||||
| 1.1.4. | cash in the bank | ||||||
| 2. | Bank Affiliates | ||||||
| 2.1. | name of bank affiliate | ||||||
| 2.1.1. | shares | ||||||
| 2.1.2 | debt Islamic securities | ||||||
| 2.1.3. | deposits | ||||||
| 2.1.4. | cash | ||||||
| Total (sum of lines) | |||||||
| The total book value of investments in Islamic securities, deposits and cash in one second-tier bank and affiliated persons of this bank, meeting the requirements of subparagraph 2) of paragraph 37 of the Normative Values and Calculation Methods for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits, – not more than 15 (fifteen) percent of the sum of assets, calculated in accordance with paragraph 32 of the Normative Values and Calculation Methods for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits | |||||||
| No. | Issuer Name | Issuer Rating Category | Balance Amount | Percentage of Asset Sum | |||
| 1 | 2 | 3 | 4 | 5 | |||
| 1. | Second-tier Bank | ||||||
| 1.1. | name of second-tier bank | ||||||
| 1.1.1. | shares | ||||||
| 1.1.2. | debt Islamic securities | ||||||
| 1.1.3. | deposits in the bank | ||||||
| 1.1.4. | cash in the bank | ||||||
| 2. | Bank Affiliates | ||||||
| 2.1. | name of bank affiliate | ||||||
| 2.1.1. | shares | ||||||
| 2.1.2. | debt Islamic securities | ||||||
| 2.1.3. | deposits | ||||||
| 2.1.4. | cash | ||||||
| Total (sum of lines) | |||||||
| The total book value of investments in Islamic securities, deposits and cash in one second-tier bank and affiliated persons of this bank, meeting the requirements of subparagraph 3) of paragraph 37 of the Normative Values and Calculation Methods for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits, – not more than 10 (ten) percent of the sum of assets, calculated in accordance with paragraph 32 of the Normative Values and Calculation Methods for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits | |||||||
| No. | Issuer Name | Issuer Rating Category | Balance Amount | Percentage of Asset Sum | |||
| 1 | 2 | 3 | 4 | 5 | |||
| 1. | Second-tier Bank | ||||||
| 1.1. | name of second-tier bank | ||||||
| 1.1.1. | shares | ||||||
| 1.1.2. | debt Islamic securities | ||||||
| 1.1.3. | deposits in the bank | ||||||
| 1.1.4. | cash in the bank | ||||||
| 2. | Bank Affiliates | ||||||
| 2.1. | name of bank affiliate | ||||||
| 2.1.1. | shares | ||||||
| 2.1.2. | debt Islamic securities | ||||||
| 2.1.3. | deposits | ||||||
| 2.1.4. | cash | ||||||
| Total (sum of lines) | |||||||
| The total book value of investments in Islamic securities and cash in one legal entity that is not a second-tier bank and affiliated persons of this legal entity, – not more than 10 (ten) percent of the sum of assets, calculated in accordance with paragraph 32 of the Normative Values and Calculation Methods for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits | |||||||
| No. | Issuer Name | Issuer Category | Balance Amount | Percentage of Asset Sum | |||
| 1 | 2 | 3 | 4 | 5 | |||
| 1. | Legal Entity | ||||||
| 1. | Name of legal entity | ||||||
| 1.1. | shares | ||||||
| 1.2. | debt Islamic securities | ||||||
| 1.3. | cash | ||||||
| 2. | Name of affiliate | ||||||
| 2.1. | shares | ||||||
| 2.2. | debt Islamic securities | ||||||
| 2.3. | cash | ||||||
| Total (sum of lines) | |||||||
| No. | Indicator Name | Balance Amount | Percentage of Asset Sum | ||||
| 1 | 2 | 3 | 4 | ||||
| 1 | Total placement in refined precious metals and metal deposits for a term of not more than 12 (twelve) months – not more than 10 (ten) percent of the sum of assets, calculated in accordance with paragraph 32 of the Normative Values and Calculation Methods for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits | ||||||
| 2 | Total book value of investments in Islamic securities having the status of government securities, issued by the central government of a foreign state, – not more than 10 (ten) percent of the sum of assets, calculated in accordance with paragraph 32 of the Normative Values and Calculation Methods for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits |
| 3 | Total book value of investments in Islamic securities of an international financial organization included in the list defined in paragraph 35 of the Normative Values and Calculation Methodologies for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Standards and Limits – not more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Normative Values and Calculation Methodologies for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Standards and Limits | ||||||
|---|---|---|---|---|---|---|---|
| 4 | Total book value of investments in units meeting the requirements of subparagraphs 23) and 24) of paragraph 34 of the Normative Values and Calculation Methodologies for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Standards and Limits – not more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Normative Values and Calculation Methodologies for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Standards and Limits | ||||||
| 5 | Total book value of investments in units of open and interval investment funds, net of the reserve for doubtful debts – not more than 5 (five) percent of the total assets calculated in accordance with paragraph 32 of the Normative Values and Calculation Methodologies for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Standards and Limits | ||||||
| 6 | Total book value of investments in debt securities issued by local executive bodies of the Republic of Kazakhstan – not more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Normative Values and Calculation Methodologies for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Standards and Limits | ||||||
| 7 | Total book value of investments in Islamic financing instruments meeting the requirements of subparagraphs 25) and 26) of paragraph 34 of the Normative Values and Calculation Methodologies for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Standards and Limits – not more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Normative Values and Calculation Methodologies for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Standards and Limits |
Table 6. Calculation of the high-liquidity assets adequacy ratio for an Islamic insurance (reinsurance) organization
(in thousands of tenge)
| No. | Indicator Name | Balance Sheet Amount | Included Volume | Amount for Calculation |
| 1 | 2 | 3 | 4 | 5 |
| 1 | Cash – total, including: | x | ||
| 1.1 | cash in the vault in an amount not exceeding 1 (one) percent of the total assets of the Islamic insurance (reinsurance) organization minus the assets of Islamic reinsurance | 100% | ||
| 1.2 | cash of the Islamic insurance (reinsurance) organization in accounts at an organization 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 | cash 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 | cash in current accounts in second-tier banks of the Republic of Kazakhstan specified in line 2.3 of this Appendix | 90% | ||
| 1.5 | cash of the Islamic insurance (reinsurance) organization in accounts at an organization 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 at least one of the following requirements: have a long-term credit rating of not lower than "B" on the international scale of Standard & Poor's or a rating of equivalent level from another rating agency, or a rating assessment of not lower than "kzBB+" on the national scale of Standard & Poor's, or a rating of equivalent level on the national scale of another rating agency; are resident subsidiary banks of the Republic of Kazakhstan whose parent non-resident banks have a long-term credit rating in foreign currency of not lower than "A-" on the international scale of Standard & Poor's or a rating of equivalent 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 equivalent 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 equivalent level on the national scale of another rating agency | 90% | ||
| 2.4 | deposits in international financial organizations having a long-term rating of not lower than "AA-" from Standard & Poor's or a rating of equivalent 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 of not lower than "BBB-" on the international scale of Standard & Poor's or a rating of equivalent level from another rating agency | 100% | ||
| 3 | Debt Securities – total, including: | 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 | 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 whose shares belong to the National Bank of the Republic of Kazakhstan | 100% | ||
| 3.4 | debt securities issued by the Joint Stock Companies "Kazakhstan Development Bank", "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 Islamic 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 denominated in foreign currency and admitted to public trading on the stock exchange operating on the territory of the Astana International Financial Centre | 90% | ||
| 3.6 | non-state debt Islamic 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 | 60% | ||
| 3.7 | non-state debt Islamic securities of legal entities of the Republic of Kazakhstan issued in accordance with the legislation of the Republic of Kazakhstan and other states, having (or whose issuer has) a rating assessment of not lower than "BB-" on the international scale of Standard & Poor's or a rating of equivalent level from another rating agency, or a rating from "kzAA+" to "kzA-" on the national scale of Standard & Poor's, or a rating of equivalent level on the national scale of another rating agency | 100% | ||
| 3.8 | non-state debt Islamic securities of legal entities of the Republic of Kazakhstan having (or whose issuer has) a rating assessment from "B+" to "B-" on the international scale of Standard & Poor's or a rating of equivalent level from another rating agency, or a rating from "kzBBB+" to "kzBB-" on the national scale of Standard & Poor's, or a rating of equivalent level on the national scale of another rating agency | 85% | ||
| 3.9 | non-state debt Islamic securities issued by international financial organizations having an international rating of not lower than "AA-" from Standard & Poor's or a rating of equivalent level from another rating agency, as well as debt Islamic securities issued by the Eurasian Development Bank and denominated in the national currency of the Republic of Kazakhstan | 100% | ||
| 3.10 | debt Islamic securities of foreign states having a sovereign rating of not lower than "BBB-" on the international scale of Standard & Poor's or a rating of equivalent level from another rating agency | 100% | ||
| 3.11 | debt Islamic securities of foreign states having a sovereign rating from "BB+" to "BB-" on the international scale of Standard & Poor's or a rating of equivalent level from another rating agency | 90% | ||
| 3.12 | debt Islamic securities of foreign states having a sovereign rating from "B+" to "B-" on the international scale of Standard & Poor's or a rating of equivalent level from another rating agency | 80% | ||
| 3.13 | non-state debt Islamic securities of foreign issuers having (or whose issuer has) a rating assessment of 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 Islamic securities of foreign issuers having (or whose issuer 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 Islamic securities of foreign issuers having (or whose issuer 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 – 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 resident legal entities 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 resident legal entities of the Republic of Kazakhstan denominated in foreign currency and admitted to public trading on the stock exchange operating on the territory of the Astana International Financial Centre, and depositary receipts whose underlying asset is such shares | 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, 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 of not lower than "BBB-" on the international scale of Standard & Poor's or a rating of equivalent 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 equivalent 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 equivalent 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 (ETFs), the structure of assets of which repeats the structure of one of the major stock indices, or whose unit pricing is linked to major stock indices | 90% | ||
| 5.3 | units of Exchange Traded Funds (ETFs), Exchange Traded Commodities (ETCs), Exchange Traded Notes (ETNs) having a rating assessment of 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 (or whose issuer has) a rating assessment of not lower than "BBB-" on the international scale of Standard & Poor's or a rating of equivalent level from another rating agency, or a rating of not lower than "kzAAA" on the national scale of Standard & Poor's, or a rating of equivalent 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 (or whose issuer has) a rating assessment from "BB+" to "BB-" on the international scale of Standard & Poor's or a rating of equivalent level from another rating agency, or a rating from "kzAA+" to "kzA-" on the national scale of Standard & Poor's, or a rating of equivalent 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 (or whose issuer has) a rating assessment from "B+" to "B-" on the international scale of Standard & Poor's or a rating of equivalent level from another rating agency, or a rating from "kzBBB+" to "kzBB-" on the national scale of Standard & Poor's, or a rating of equivalent 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 of not lower than "BBB-" on the international scale of Standard & Poor's or a rating of equivalent level from another rating agency | 90% | ||
| 6 | Other Assets – total, including: | x | ||
| 6.1 | refined precious metals and metal deposits | 100% | ||
| 6.2 | claims against issuers of securities for the payment of the nominal value of securities arising from the expiration of their circulation period provided for in the securities issuance prospectus (not overdue according to the terms of the securities issuance prospectus) | 100% | ||
| 7 | Total High-Liquidity Assets – HLA | |||
| 8 | Insurance Reserves minus the share of the Islamic reinsurer – IR | |||
| 9 | High-Liquidity Assets Adequacy Ratio |
Name ______
Address ______
Phone ______
Email Address ______
Executor ______ ______
surname, first name, patronymic (if any) signature, phone
Head or person authorized to sign the report
surname, first name, patronymic (if any) signature
Date "____" ______ 20__ year
Appendix
to report form on compliance
with prudential norms
by an Islamic insurance
(reinsurance) organization
Explanation for filling out the administrative data form
Report on compliance with prudential norms by an Islamic insurance (reinsurance) organization
(index – 6-PN_M, frequency – monthly)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form "Report on compliance with prudential norms by an Islamic insurance (reinsurance) organization" (hereinafter – the Form).
-
The Form is developed in accordance with subparagraph 65-2) of Part Two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", paragraph 10-1 of Article 46 of the Law of the Republic of Kazakhstan "On Insurance Activity", and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
The Form is compiled by an Islamic 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 established in thousands of tenge and in percent (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 or more is rounded to 1,000 (one thousand) tenge.
-
The Form is signed by the head or the person authorized to sign 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 paragraph 10 of the Normative Values and Calculation Methodologies for 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 January 31, 2019 No. 14 "On Establishing Normative Values and Calculation Methodologies for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Standards and Limits, Requirements for Islamic Securities (Reinsurance) Organizations, Subsidiary Organizations of Islamic Insurance (Reinsurance) Organizations to Acquire Shares (Participation Shares in the Authorized Capital) of Legal Entities, as well as the List of Financial Instruments (Excluding Shares and Participation Shares in the Authorized Capital) Acquired by Islamic Insurance (Reinsurance) Organizations" (hereinafter – Norms), registered in the Registry of State Registration of Normative Legal Acts under No. 18293.
-
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 13, information on compliance with the high-liquidity assets adequacy ratio is indicated ("yes" or "no"). The high-liquidity assets adequacy ratio is not less than 1 (one). In the event of non-compliance with the high-liquidity assets adequacy ratio by the Islamic insurance (reinsurance) organization, the ratio value is set to "no".
-
When increasing the minimum solvency margin by the amount of liabilities transferred (to be transferred) in reinsurance to insurance (reinsurance) organizations – residents and non-residents of the Republic of Kazakhstan under existing Islamic reinsurance contracts, when filling out Table 2, the minimum rating from the 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 paragraph 10 of the Norms.
-
Regarding Table 3:
1) in line 1000, the calculated value of the minimum solvency margin by the "premium method" is indicated;
2) in line 2110, the sum of insurance payments accrued for the previous 3 (three) financial years is indicated, according to the values of lines 2111, 2112, and 2113;
3) in lines 2210, 2310, and 2320, the sum of the reserve for reported but unsettled losses is indicated;
4) in line 2000, the calculated value of the minimum solvency margin by the "claims 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 solvency margin for the reporting period is indicated;
7) in line 200, the value of the solvency margin adequacy ratio equal to the ratio of the actual solvency margin to the minimum solvency margin (line 300/line 400) is indicated.
- Regarding Table 4:
1) in line 1000, the calculated value of the minimum solvency margin for the classes "life insurance", "annuity insurance", "life insurance within the state educational savings system", "pension annuity insurance" is indicated;
2) in line 3000, the calculated value of the minimum solvency margin for these classes of Islamic insurance is indicated;
3) in line 8000, the minimum solvency margin is indicated;
4) in line 500, the value of the solvency margin adequacy ratio equal to the ratio of the actual solvency margin to the minimum 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 Islamic insurance (reinsurance) organization;
2) column 4 indicates the book value as of the end of the last calendar day of the reporting period;
3) line 12000 indicates the sum of assets taking into account their classification by quality and liquidity of the Islamic insurance (reinsurance) organization, calculated in accordance with paragraph 32 of the Norms;
4) line 13000 indicates the sum of insurance reserves of the Islamic insurance (reinsurance) organization minus the share of the Islamic reinsurer;
5) line 15000 indicates the actual solvency margin, calculated taking into account the classification of assets by quality and liquidity, corresponding to the requirements of paragraph 31 of the Norms.
- 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 Islamic insurance (reinsurance) organization;
2) column 3 indicates the book value as of the end of the last calendar day of the reporting period;
3) line 8 indicates the sum of insurance reserves of the Islamic insurance (reinsurance) organization minus the share of the Islamic reinsurer;
4) line 9 indicates the high-liquidity asset sufficiency ratio, equal to the ratio of high-liquidity assets of the Islamic insurance (reinsurance) organization to insurance reserves minus the share of the Islamic reinsurer.
Appendix 5
to the resolution
Appendix 7
to the resolution of the Board
of the National Bank
of the Republic of Kazakhstan
of 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 the calculation of the unforeseen risk reserve by an Islamic insurance (reinsurance) organization
Administrative data form index: 7-RNR-Q
Frequency: quarterly
Reporting period: as of "____" ______ 20 ___ year
List of persons submitting information: Islamic insurance (reinsurance) organization
Deadline for submitting the administrative data form: quarterly, no later than the 6 (sixth) working day of the month following the reporting quarter
Form
Table. Calculation of the unforeseen risk reserve by an Islamic insurance (reinsurance) organization
(in thousands of tenge)
| No. | Class of Islamic Insurance | Share of net insurance premiums | Net insurance claims | Sum of insurer's expenses for settling insurance losses |
| 1 | 2 | 3 | 4 | 5 |
| 1 | Mandatory Insurance | |||
| 1.1 | civil liability of vehicle owners | |||
| 1.2 | civil liability of the carrier towards passengers | |||
| 1.3 | insurance of civil liability of private notaries | |||
| 1.4 | environmental insurance | |||
| 1.5 | civil liability of audit organizations | |||
| 1.6 | tourist insurance | |||
| 1.7 | civil liability of owners of objects whose activities are associated with the danger of causing harm to third parties | |||
| 1.8 | insurance of employees against accidents in the performance of their labor (official) duties | |||
| 1.9 | other types (classes) of Islamic insurance | |||
| 2 | Voluntary Personal Insurance | |||
| 2.1 | life insurance, except for the class specified in line 2.3 of this table | |||
| 2.2 | annuity insurance, except for the class specified in line 2.4 of this table | |||
| 2.3 | life insurance within the framework of the state educational savings system | |||
| 2.4 | pension annuity insurance | |||
| 2.5 | accident insurance | |||
| 2.6 | illness insurance, including: | |||
| 2.6.1 | traveling abroad | |||
| 2.7 | other types (classes) of Islamic 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 objects insurance | |||
| 3.6 | cargo insurance | |||
| 3.7 | property insurance, except for the classes specified in lines 3.1, 3.2, 3.3, 3.4, 3.5 and 3.6 of this table | |||
| 3.8 | civil liability of motor vehicle owners insurance | |||
| 3.9 | civil liability of air transport owners insurance | |||
| 3.10 | civil liability of water transport owners insurance | |||
| 3.11 | civil liability of space objects owners insurance | |||
| 3.12 | professional liability insurance | |||
| 3.13 | civil liability insurance, except for the classes specified in lines 3.8, 3.9, 3.10, 3.11 and 3.12 of this table | |||
| 3.14 | legal entity loan insurance | |||
| 3.15 | mortgage insurance | |||
| 3.16 | guarantee and suretyship insurance | |||
| 3.17 | other financial loss insurance | |||
| 3.18 | financial organization loss insurance, except for the classes specified in lines 3.14, 3.15, 3.16 and 3.17 of this table | |||
| 3.19 | title insurance | |||
| 3.20 | court costs insurance | |||
| 3.21 | other types (classes) of Islamic insurance | |||
| 4 | Total |
continuation of the table:
| Net written insurance premiums | Change in unearned premium reserves excluding the share of the Islamic reinsurer | Change in loss reserves excluding the share of the Islamic reinsurer | Unforeseen risk reserve |
| 6 | 7 | 8 | 9 |
Name ______
Address ______
Phone ______
Email address ______
Executor ______ ______
surname, first name, patronymic (if any) signature, phone
Head or person entrusted with the function of signing the report
surname, first name, patronymic (if any) signature
Date "____" ______ 20__ year
Appendix
to the report form on the calculation of the reserve
of unforeseen risks by an Islamic
insurance (reinsurance) organization
Explanation on filling out the administrative data form
Report on the calculation of the unforeseen risk reserve by an Islamic insurance (reinsurance) organization
(index – 7-RNR-Q, frequency – quarterly)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form "Report on the calculation of the unforeseen risk reserve by an Islamic insurance (reinsurance) organization" (hereinafter – the Form).
-
The Form is developed in accordance with subparagraph 65-2) of part two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", paragraph 10-1 of Article 46 of the Law of the Republic of Kazakhstan "On Insurance Activity" and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
The Form is filled out by an Islamic insurance (reinsurance) organization quarterly. The unit of measurement used when filling out the Form is established in thousands of tenge and in percent (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 entrusted with the function of signing the report, and the executor.
Chapter 2. Explanation on filling out the Form
-
The Form is filled out for each class of Islamic insurance.
-
Column 3 indicates the share of net insurance premiums under active Islamic insurance contracts for the class of Islamic insurance in the total volume of net insurance premiums under active Islamic insurance contracts as of the reporting date.
-
Columns 4, 5, 6, 7 and 8 indicate data for the last 12 (twelve) months preceding the reporting date.
-
Line 1.8 indicates contracts for mandatory insurance of employees against accidents and contracts for annuity insurance concluded in accordance with the Law of the Republic of Kazakhstan "On Mandatory Insurance of Employees Against Accidents in the Performance of Their Labor (Official) Duties".
-
Line 2.2 indicates contracts for annuity insurance, except for contracts for annuity insurance concluded in accordance with the Law of the Republic of Kazakhstan "On Mandatory Insurance of Employees Against Accidents in the Performance of Their Labor (Official) Duties" and the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan".
-
Line 2.4 indicates contracts for pension annuities concluded in accordance with the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan".
Appendix 6
to the resolution
Appendix 8
to the resolution of the Board
of the National Bank
of the Republic of Kazakhstan
of 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 the calculation of the stabilization reserve by an Islamic insurance (reinsurance) organization
Administrative data form index: 8-SR-Y
Frequency: annual
Reporting period: as of "____" ______ 20 ___ year
List of persons submitting information: Islamic insurance (reinsurance) organization
Deadline for submitting the administrative data form: annually, no later than February 10 (tenth) of the year following the reporting year
Form
Table. Calculation of the stabilization reserve by an Islamic insurance (reinsurance) organization
(in thousands of tenge)
| No. | Class of Islamic Insurance | Loss ratio excluding the share of the Islamic reinsurer for the first financial year | Loss ratio excluding the share of the Islamic reinsurer for the second financial year | Loss ratio excluding the share of the Islamic reinsurer for the third financial year | Loss ratio excluding the share of the Islamic reinsurer for the fourth financial year | Loss ratio excluding the share of the Islamic reinsurer for the fifth financial year |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 1 | Mandatory Insurance | |||||
| 1.1 | civil liability of vehicle owners | |||||
| 1.2 | civil liability of the carrier towards passengers | |||||
| 1.3 | insurance of civil liability of private notaries | |||||
| 1.4 | environmental insurance | |||||
| 1.5 | civil liability of audit organizations | |||||
| 1.6 | tourist insurance | |||||
| 1.7 | civil liability of owners of objects whose activities are associated with the danger of causing harm to third parties | |||||
| 1.8 | insurance of employees against accidents in the performance of their labor (official) duties | |||||
| 1.9 | other types (classes) of Islamic insurance | |||||
| 2 | Voluntary Personal Insurance | x | x | x | x | x |
| 2.1 | life insurance, except for the class specified in line 2.3 of this table | x | x | x | x | x |
| 2.2 | annuity insurance, except for the class specified in line 2.4 of this table | x | x | x | x | x |
| 2.3 | life insurance within the framework of the state educational savings system | x | x | x | x | x |
| 2.4 | pension annuity insurance | x | x | x | x | x |
| 2.5 | accident insurance | x | x | x | x | x |
| 2.6 | illness insurance, including: | x | x | x | x | x |
| 2.6.1 | traveling abroad | x | x | x | x | x |
| 2.7 | other types (classes) of Islamic insurance | x | x | x | x | x |
| 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 objects insurance | |||||
| 3.6 | cargo insurance | |||||
| 3.7 | property insurance, except for the classes specified in lines 3.1, 3.2, 3.3, 3.4, 3.5 and 3.6 of this table | |||||
| 3.8 | civil liability of motor vehicle owners insurance | |||||
| 3.9 | civil liability of air transport owners insurance | |||||
| 3.10 | civil liability of water transport owners insurance | |||||
| 3.11 | civil liability of space objects owners insurance | |||||
| 3.12 | professional liability insurance | |||||
| 3.13 | civil liability insurance, except for the classes specified in lines 3.8, 3.9, 3.10, 3.11 and 3.12 of this table | |||||
| 3.14 | legal entity loan insurance | |||||
| 3.15 | mortgage insurance | |||||
| 3.16 | guarantee and suretyship insurance | |||||
| 3.17 | other financial loss insurance | |||||
| 3.18 | financial organization loss insurance, except for the classes specified in lines 3.14, 3.15, 3.16 and 3.17 of this table | |||||
| 3.19 | title insurance | |||||
| 3.20 | court costs insurance | |||||
| 3.21 | other types (classes) of Islamic insurance | |||||
| 4 | Total |
continuation of the table:
| Average value of the loss ratio for the reporting period excluding the share of the Islamic reinsurer | Standard deviation of the loss ratio for the reporting period excluding the share of the Islamic reinsurer | Sum of net earned insurance premiums for the last financial year | Stabilization reserve for the previous financial year | Loss ratio for the reporting period excluding the share of the Islamic reinsurer minus the average value of the loss ratio for the reporting period excluding the share of the Islamic reinsurer | Stabilization reserve as of the reporting date |
| 8 | 9 | 10 | 11 | 12 | 13 |
| … |
Name ______
Address ______
Phone ______
Email address ______
Executor ______ ______
surname, first name, patronymic (if any) signature, phone
Head or person entrusted with the function of signing the report
surname, first name, patronymic (if any) signature
Date "____" ______ 20__ year
Appendix
to the report form on the calculation of
the stabilization reserve by an Islamic
insurance (reinsurance)
organization
Explanation on filling out the administrative data form
Report on the calculation of the stabilization reserve by an Islamic insurance (reinsurance) organization
(index – 8-SR-Y, frequency – annual)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form "Report on the calculation of the stabilization reserve by an Islamic insurance (reinsurance) organization" (hereinafter – the Form).
-
The Form is developed in accordance with subparagraph 65-2) of part two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", paragraph 10-1 of Article 46 of the Law of the Republic of Kazakhstan "On Insurance Activity" and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
The Form is filled out by an Islamic insurance (reinsurance) organization annually. Data in the Form is filled out 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 1,000 (one thousand) tenge.
-
The Form is signed by the head or the person entrusted with the function of signing the report, and the executor.
Chapter 2. Explanation on filling out the Form
-
In the Form, the stabilization reserve is calculated in accordance with paragraph 2 of Chapter 7 of the Normative Values and Calculation Methods for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits Established by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated January 31, 2019 No. 14 "On Establishing Normative Values and Calculation Methods for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits, Requirements for Islamic Insurance (Reinsurance) Organizations, Subsidiary Organizations of Islamic Insurance (Reinsurance) Organizations to Acquire Shares (Participation Interests in the Authorized Capital) of Legal Entities, as well as the List of Financial Instruments (Except for Shares and Participation Interests in the Authorized Capital) Acquired by Islamic Insurance (Reinsurance) Organizations", registered in the Registry of State Registration of Regulatory Legal Acts under No. 18293.
-
The Form is filled out for each class of Islamic insurance, except for the classes "accident insurance", "illness insurance", "mandatory tourist insurance", "life insurance", "annuity insurance", "life insurance within the framework of the state educational savings system", "pension annuity insurance".
-
Line 1.8 indicates contracts for mandatory insurance of employees against accidents and contracts for annuity insurance concluded in accordance with the Law of the Republic of Kazakhstan "On Mandatory Insurance of Employees Against Accidents in the Performance of Their Labor (Official) Duties".
-
Line 2.2 indicates contracts for annuity insurance, except for contracts for annuity insurance concluded in accordance with the Law of the Republic of Kazakhstan "On Mandatory Insurance of Employees Against Accidents in the Performance of Their Labor (Official) Duties" and the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan".
-
Line 2.4 indicates contracts for pension annuities concluded in accordance with the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan".
Appendix 7
to the resolution
Appendix 9
to the resolution of the Board
of the National Bank
of the Republic of Kazakhstan
of November 28, 2019 No. 223
Rules for submitting reports on the fulfillment of prudential norms by an insurance (reinsurance) organization, an insurance group, and an Islamic insurance (reinsurance) organization
-
These Rules for submitting reports on the fulfillment of prudential norms by an insurance (reinsurance) organization, an insurance group, and an Islamic insurance (reinsurance) organization are developed in accordance with paragraphs 10 and 10-1 of Article 46 of the Law of the Republic of Kazakhstan "On Insurance Activity" and define the procedure for submitting reports on the fulfillment of prudential norms by an insurance (reinsurance) organization, an insurance group, and an Islamic insurance (reinsurance) organization to the National Bank of the Republic of Kazakhstan (hereinafter – the National Bank).
-
Reports on the fulfillment of prudential norms are submitted by an insurance (reinsurance) organization, an insurance group, and an Islamic insurance (reinsurance) organization in electronic form via the information system "Web Portal of the National Bank of the Republic of Kazakhstan".
-
Reports on the fulfillment of prudential norms, certified by the electronic digital signature of the head of an insurance (reinsurance) organization, the parent organization of an insurance group, and an Islamic insurance (reinsurance) organization or the person entrusted with the function of signing the report, and the executor, are stored in electronic format.
-
The completeness and accuracy of data in reports on the fulfillment of prudential norms are ensured by the head of an insurance (reinsurance) organization, the parent organization of an insurance group, and an Islamic insurance (reinsurance) organization or the person entrusted with the function of signing the report.
-
The report on the fulfillment of the solvency margin sufficiency ratio of an insurance group is accompanied by information on normative values, calculation methods for prudential norms of participants in the insurance group who are non-residents of the Republic of Kazakhstan, established by regulatory legal acts of the authorized body of the corresponding state regulating their activities in the country of their location.
-
The unit of measurement used when compiling reports on the fulfillment of prudential norms by an insurance (reinsurance) organization, an insurance group, and an Islamic insurance (reinsurance) organization is established in thousands of tenge. An amount less than 500 (five hundred) tenge in the report 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 norms of high-liquidity asset sufficiency, solvency margin, and asset diversification norms covering insurance reserves are rounded to hundredths. If the rounded value of the norms of high-liquidity asset sufficiency and solvency margin is less than 1 (one) or the rounded value of the norms of diversification is higher than the values established by paragraph 42 of the Normative Values and Calculation Methods for Prudential Norms of a Insurance (Reinsurance) Organization and Insurance Group and Other Mandatory Norms and Limits to Be Observed, 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 Calculation Methods for Prudential Norms of a Insurance (Reinsurance) Organization and Insurance Group and Other Mandatory Norms and Limits to Be Observed, Requirements for Shares (Participation Shares in the Authorized Capital) of Legal Entities Acquired 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 (Except Shares and Participation Shares in the Authorized Capital) Acquired by Insurance (Reinsurance) Organizations", registered in the Registry of State Registration of Normative Legal Acts under No. 14794, and paragraph 37 of the Normative Values and Calculation Methods for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits to Be Observed, established by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated January 31, 2019 No. 14 "On Establishing Normative Values and Calculation Methods for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Norms and Limits to Be Observed, Requirements for Shares (Participation Shares in the Authorized Capital) of Legal Entities Acquired by Islamic Insurance (Reinsurance) Organizations, Subsidiary Organizations of Islamic Insurance (Reinsurance) Organizations, as well as List of Financial Instruments (Except Shares and Participation Shares in the Authorized Capital) Acquired by Islamic Insurance (Reinsurance) Organizations", registered in the Registry of State Registration of Normative Legal Acts under No. 18293, then such norms are considered violated.
- An insurance (reinsurance) organization, an Islamic insurance (reinsurance) organization shall daily monitor rating assessments for each security, issuer, reinsurer, Islamic reinsurer, second-tier bank, as well as the category of securities of the Joint Stock Company "Kazakhstan Stock Exchange" and/or securities admitted to public trading on a stock exchange functioning on the territory of the International Financial Center "Astana" (hereinafter – stock exchanges). When performing calculations and submitting reports, the rating assessment and category of securities of stock exchanges as of the end of the reporting period are used.
Appendix 8
to the resolution
Appendix 3
to the Resolution of the Board
of the
National Bank
of the
Republic of Kazakhstan
dated December 31, 2019 No. 275
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 Internet resource: www.nationalbank.kz
Securities Report
Index of the administrative data form: 3 - I(R)O_M
Frequency: monthly
Reporting period: as of "___" ______20__year
Persons submitting information: insurance (reinsurance) organization, Islamic insurance (reinsurance) organization
Deadline for submitting the administrative data form: monthly no later than the 6 (sixth) working day of the month following the reporting month
Form
Table. Securities
| No. | Name of Issuer | Name of Issuer Country | Country Registration Code of Issuer | Name of Security | International Securities Identification Number (ISIN Code) | Indicator of Transaction Conclusion with Central Counterparty (yes, no) | Number of Securities (pieces) | ||
| Total | including securities with encumbrance and securities that are the subject of repo operations | ||||||||
| total | including securities that are the subject of repo operations | ||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| 1 | Government Securities of the Republic of Kazakhstan | ||||||||
| 1.1 | |||||||||
| … | |||||||||
| 2 | Non-governmental issue securities of organizations of the Republic of Kazakhstan | ||||||||
| 2.1 | second-tier banks | ||||||||
| 2.1.1 | |||||||||
| … | |||||||||
| 2.2 | legal entities, except second-tier banks | ||||||||
| 2.2.1 | |||||||||
| … | |||||||||
| 2.3 | bonds of the Joint Stock Company "Development Bank of Kazakhstan" | ||||||||
| 2.3.1 | |||||||||
| … | |||||||||
| 3 | Securities of foreign states | ||||||||
| 3.1 | |||||||||
| … | |||||||||
| 4 | Non-governmental securities - issuers - non-residents of the Republic of Kazakhstan | ||||||||
| 4.1 | |||||||||
| … | |||||||||
| 5 | Securities of international financial organizations | ||||||||
| 5.1 | |||||||||
| … | |||||||||
| 6 | Units of investment funds | ||||||||
| 6.1 | |||||||||
| … | |||||||||
| 7 | Other | ||||||||
| 7.1 | |||||||||
| … | |||||||||
| 8 | Total |
continuation of the table:
| Nominal value, purchase price of the security | Currency of the security | Securities measured at fair value through other comprehensive income | ||||
| Book value (net), in thousands of tenge | ||||||
| nominal value, acquisition cost | discount, premium | accrued interest | positive, negative adjustment | Impairment Reserve | ||
| 11 | 12 | 13 | 14 | 15 | 16 | 17 |
| X | … |
continuation of the table:
| Securities measured at fair value, changes in which are reflected in profit or loss | |||
| Book value (net), in thousands of tenge | |||
| nominal value, acquisition cost | discount, premium | accrued interest | positive, negative adjustment |
| 18 | 19 | 20 | 21 |
| … |
continuation of the table:
| Securities measured at amortized cost | Book value (net) for securities with encumbrance and securities that are the subject of repo operations, in thousands of tenge | Acquisition Date | Maturity Date | ||||
| Book value (net), in thousands of tenge | Total | including for securities that are the subject of repo operations | |||||
| nominal value, acquisition cost | discount, premium | accrued interest | Reference: size of reserves (provisions) | ||||
| 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| … |
continuation of the table:
| Name of international stock exchange | Category of stock exchange list | Rating | |||||
| at the date of acquisition | at the reporting date | issuer at the date of acquisition | issuer at the reporting date | security at the date of acquisition | security at the reporting date | ||
| 30 | 31 | 32 | 33 | 34 | 35 | 36 | |
| … |
Name ______
Address ______
Phone ______
Email address ______
Executor ______ ______
surname, first name, patronymic (if any) signature, phone
Head or person assigned the function of signing the report
surname, first name, patronymic (if any) signature
Date "____" ______ 20__ year
Appendix
to the securities report form
Explanation for filling out the administrative data form
Securities Report
(index – 3 - I(R)O_M, frequency – monthly)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form "Securities Report" (hereinafter – Form).
-
The Form is developed in accordance with sub-item 65-2) of part two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity" and sub-item 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
The Form is compiled monthly by an insurance (reinsurance) organization, an Islamic insurance (reinsurance) organization as of the end of the reporting period. Data in the Form are filled in 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 assigned the function of signing the report, and the executor.
Chapter 2. Explanation for Filling out the Form
-
Column 6 indicates the international securities identification number (ISIN code).
-
Column 7 indicates the indicator of transaction conclusion with a central counterparty.
-
Column 11 indicates the monetary expression of the nominal or purchase price of the bond determined at its issuance, on which interest expressed as a percentage is accrued on the coupon bond, as well as the amount payable to the bondholder upon its maturity. The amount is indicated in the currency of issuance. For shares, the purchase price in the currency of acquisition is indicated.
-
Currency codes in column 12 are indicated in accordance with the National Classifier of the Republic of Kazakhstan NK RK 07 ISO 4217 "Codes for the Representation of Currencies and Funds". For bonds, the currency of issuance is indicated; for shares – the currency of acquisition.
-
Column 13 indicates the acquisition cost of equity securities, the nominal value of debt securities as of the reporting date, held for sale.
-
Column 17 indicates the impairment reserve for securities measured at fair value through other comprehensive income.
-
Column 18 indicates the acquisition cost of equity securities, the nominal value of debt securities as of the reporting date, measured at fair value through profit or loss.
-
Column 22 indicates the acquisition cost of equity securities, the nominal value of debt securities as of the reporting date, held to maturity.
-
Column 30 indicates the name of the international stock exchange for shares of legal entities – non-residents of the Republic of Kazakhstan.
-
Columns 31 and 32 indicate the category of securities – residents of the Republic of Kazakhstan in accordance with the Requirements for Issuers and Their Securities Admitted to Trading on the Stock Exchange, as well as to Certain Categories of the Official List of the Stock Exchange, approved by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated March 27, 2017 No. 54 "On Approval of Requirements for Issuers and Their Securities Admitted to Trading on the Stock Exchange, as well as to Certain Categories of the Official List of the Stock Exchange and Amendments to Certain Normative Legal Acts of the Republic of Kazakhstan on Issues of Regulation of the Securities Market", registered in the Registry of State Registration of Normative Legal Acts under No. 15175. In the absence of a stock exchange list category for the Republic of Kazakhstan, "no listing" is indicated in columns 31 and 32. These columns are not filled for securities of non-residents of the Republic of Kazakhstan and government securities of the Republic of Kazakhstan.
-
When filling out columns 33, 34, 35, and 36, the rating assigned by one of the rating agencies is indicated 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 Necessity of Which is Required in accordance with the Legislation of the Republic of Kazakhstan Regulating the Activity of Financial Organizations, Branches of Banks-Non-Residents of the Republic of Kazakhstan, Branches of Insurance (Reinsurance) Organizations-Non-Residents of the Republic of Kazakhstan, List of Rating Agencies Assigning Such Rating", registered in the Registry of State Registration of Normative Legal Acts under No. 8318. In the absence of a rating, "no rating" is indicated in columns 33, 34, 35, and 36. These columns are not filled for government securities of the Republic of Kazakhstan.
-
In the absence of information, the Form is submitted without filling.
Appendix 9
to the resolution
Appendix 9
to the Resolution of the Board
of the
National Bank
of the
Republic of Kazakhstan
dated December 31, 2019 No. 275
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 Internet resource: www.nationalbank.kz
Report on "Reverse Repo", Repo Operations
Index of the administrative data form: 9 - I(R)O_M
Frequency: monthly
Reporting period: as of "___" ______20__year
Persons submitting information: insurance (reinsurance) organization
Deadline for submitting the administrative data form: monthly, no later than the 6 (sixth) working day of the month following the reporting month
Form
Table. "Reverse Repo", Repo Operations
| No. | Content of Operation, Name of Security Issuer | International Securities Identification Number (ISIN Code) | Indicator of Transaction Conclusion with Central Counterparty (yes, no) | Date of Repo Contract Conclusion | Number of Repo Contract |
| 1 | 2 | 3 | 4 | 5 | 6 |
| 1 | "Reverse Repo" operations performed "Automatically" | ||||
| 1.1 | |||||
| … | |||||
| 2 | Repo Operations | ||||
| 2.1 | "Direct" Method | ||||
| 2.1.1 | |||||
| … | |||||
| 2.2 | "Automatic" Method | ||||
| 2.2.1 | |||||
| … |
continuation of the table:
| Date | Term of Repo Operation, Days | Interest Rate, in percent | Number of Securities that are the Subject of Repo Operation | Repo Amount, in thousands of tenge | Currency of the Security | Impairment Reserve, in thousands of tenge | |
| Repo Opening | Repo Closing | ||||||
| 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 |
| … |
Name ______
Address ______
Phone ______
Email address ______
Executor ______ ______
surname, first name, patronymic (if any) signature, phone
Head or person assigned the function of signing the report
surname, first name, patronymic (if any) signature
Date "____" ______ 20__ year
Appendix
to the report form on operations
"Reverse Repo", Repo
Explanation for filling out the administrative data form
Report on "Reverse Repo", Repo Operations
(index – 9 - I(R)O_M, frequency – monthly)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form "Report on 'Reverse Repo', Repo Operations" (hereinafter – Form).
-
The Form is developed in accordance with sub-item 65-2) of part two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity" and sub-item 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
The Form is compiled monthly by an insurance (reinsurance) organization as of the end of the reporting period. Data in the Form are filled in 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 assigned the function of signing the report, and the executor.
Chapter 2. Explanation for Filling out the Form
-
Column 3 indicates the international securities identification number (ISIN code).
-
Column 4 indicates the indicator of transaction conclusion with a central counterparty.
-
Column 10 indicates the interest rate on repo and/or "reverse repo" operations established by the participants of the repo and/or "reverse repo" operation and used for calculating the closing price and the amount of the closing transaction.
-
Column 13 indicates the currency of the security according to the repo operation in accordance with the National Classifier of the Republic of Kazakhstan NK RK 07 ISO 4217 "Codes for the Representation of Currencies and Funds".
-
Column 14 indicates the impairment reserve for repo and/or "reverse repo" operations in thousands of tenge.
-
In the absence of information, the Form is submitted without filling.
Appendix 10
to the resolution
Appendix 14
to the Resolution of the Board
of the
National Bank
of the
Republic of Kazakhstan
dated December 31, 2019 No. 275
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 Internet resource: www.nationalbank.kz
Report on the Calculation of Insurance Reserves by the "General Insurance" Industry
Index of the administrative data form: 14 - I(R)O_M
Frequency: monthly
Reporting period: as of "___" ______20__year
Persons submitting information: insurance (reinsurance) organization engaged in the "General Insurance" industry, Islamic insurance (reinsurance) organization engaged in the "General Insurance" industry
Deadline for submitting the administrative data form: monthly, no later than the 6 (sixth) working day of the month following the reporting month
Form
Table. Calculation of Insurance Reserves by the "General Insurance" Industry
(in thousands of tenge)
| No. | Name of Insurance Classes | Unearned Premium Reserve, Total Amount | Reinsurer's Share in Unearned Premium Reserve | Net Amount of Unearned Premium Reserve | Reserve for Incurred But Not Reported Losses | Reinsurer's Share in Reserve for Incurred But Not Reported Losses |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 1 | Mandatory Insurance | |||||
| 1.1 | insurance of civil liability of vehicle owners | |||||
| 1.2 | insurance of civil liability of the carrier to passengers | |||||
| 1.3 | insurance of civil liability of private notaries | |||||
| 1.4 | ecological insurance | |||||
| 1.5 | insurance of civil liability of audit organizations | |||||
| 1.6 | tourist insurance | |||||
| 1.7 | insurance of civil liability of owners of facilities whose activity is associated with the danger of causing harm to third parties | |||||
| 1.8 | other types (classes) of insurance | |||||
| 2 | Voluntary Personal Insurance | |||||
| 2.1 | insurance against accidents | |||||
| 2.2 | insurance in case of illness, including: | |||||
| 2.2.1 | traveling abroad | |||||
| 2.3 | other types (classes) of insurance | |||||
| 3 | Voluntary Property Insurance | |||||
| 3.1 | insurance of motor transport | |||||
| 3.2 | insurance of railway transport | |||||
| 3.3 | insurance of air transport | |||||
| 3.4 | insurance of water transport | |||||
| 3.5 | insurance of space objects | |||||
| 3.6 | cargo insurance | |||||
| 3.7 | insurance of property against damage, except for classes indicated in rows 3.1, 3.2, 3.3, 3.4, 3.5 and 3.6 of this table | |||||
| 3.8 | insurance of civil liability of owners of motor transport | |||||
| 3.9 | insurance of civil liability of owners of air transport | |||||
| 3.10 | insurance of civil liability of owners of water transport | |||||
| 3.11 | insurance of civil liability of owners of space objects | |||||
| 3.12 | professional liability insurance | |||||
| 3.13 | insurance of civil liability, except for classes indicated in rows 3.8, 3.9, 3.10, 3.11 and 3.12 of this table | |||||
| 3.14 | insurance of loans of legal entities | |||||
| 3.15 | mortgage insurance | |||||
| 3.16 | insurance of guarantees and sureties | |||||
| 3.17 | insurance against other financial losses | |||||
| 3.18 | insurance of losses of financial organizations except for classes indicated in rows 3.14, 3.15, 3.16 and 3.17 of this table | |||||
| 3.19 | title insurance | |||||
| 3.20 | insurance of court costs | |||||
| 3.21 | other types (classes) of insurance | |||||
| 4 | Total |
continuation of the table:
| Net Amount of Reserve for Incurred But Not Reported Losses | Total Amount of Reserve for Reported But Not Settled Losses | Reinsurer's Share in Reserve for Reported But Not Settled Losses |
| 8 | 9 | 10 |
| … |
continuation of the table:
| Net Amount of Reserve for Reported But Not Settled Losses | Total Amount of Insurance Reserves | Reinsurer's Share in Total Amount of Insurance Reserves | Net Amount of Total Insurance Reserves |
| 11 | 12 | 13 | 14 |
| … |
Name ______
Address ______
Phone ______
Email address ______
Executor ______ ______
surname, first name and patronymic (if any) signature, phone
Head or person authorized to sign the report
surname, first name and patronymic (if any) signature
Date "____" ______ 20__ year
Appendix
to the reporting form for the calculation
of insurance reserves
for the "general insurance" sector
Instructions for filling out the administrative data form
Report on the calculation of insurance reserves for the "general insurance" sector
(form index – 14 - I(R)O_M, frequency – monthly)
Chapter 1. General Provisions
-
These instructions define the uniform requirements for filling out the administrative data form "Report on the calculation of insurance reserves for the 'general insurance' sector" (hereinafter – the Form).
-
The Form is developed in accordance with subparagraph 65-2) of Part Two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity" and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
The Form is compiled monthly by a (re)insurance organization, an Islamic (re)insurance organization, carrying out activities in the "general insurance" sector 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 authorized to sign the report, and the executor.
Chapter 2. Instructions for Filling out the Form
-
The Form indicates the amount of insurance reserves by insurance classes as of the end of the reporting period.
-
Insurance reserves are calculated in accordance with the Requirements for the formation, methodology for calculating 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, registered in the Registry of State Registration of Legal Acts under No. 18290.
-
In column 4, the reinsurer's share in the unearned premium reserve is indicated excluding the commission remuneration to the cedent, the insurance broker under a reinsurance (insurance) contract, and other compensations, payments to insurance intermediaries and other persons from the reinsurer that are not related to insurance protection for risks transferred to reinsurance.
-
In the absence of information, the Form is submitted without filling it out.
Appendix 11
to the resolution
Appendix 15
to Resolution of the Board
of the National Bank
of the Republic of Kazakhstan
dated December 31, 2019 No. 275
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 internet resource: www.nationalbank.kz
Report on the calculation of insurance reserves for the "life insurance" sector
Administrative data form index: 15 - I(R)O_M
Frequency: monthly
Reporting period: as of "___" ____20 year
Persons submitting information: insurance (reinsurance) organization carrying out activities in the "life insurance" sector, Islamic insurance (reinsurance) organization carrying out activities in the "life insurance" sector
Deadline for submitting the administrative data form: monthly, no later than the 6 (sixth) working day of the month following the reporting month
Form
Table. Calculation of insurance reserves for the "life insurance" sector
(in thousands of tenge)
| No. | Name of insurance classes | Unearned premium reserve, total amount | Reinsurer's share in the unearned premium reserve | Net amount of unearned premium reserve | Reserve for incurred but not reported claims under life insurance (reinsurance) contracts |
| 1 | 2 | 3 | 4 | 5 | 6 |
| 1 | Total | ||||
| 1.1 | Life insurance, excluding the class specified in row 1.3 of this table | ||||
| 1.2 | Annuity insurance, excluding the class specified in row 1.4 of this table | ||||
| 1.3 | Life insurance within the state educational savings system | ||||
| 1.4 | Pension annuity insurance | ||||
| 1.5 | Tourist insurance | ||||
| 1.6 | Accident insurance | ||||
| 1.7 | Sickness insurance, including: | ||||
| 1.7.1 | traveling abroad | ||||
| 1.8 | Insurance of employees against accidents while performing their labor (official) duties | ||||
| 1.9 | Other types (classes) of insurance |
continuation of the table:
| Reinsurer's share in the reserve for incurred but not reported claims under life insurance (reinsurance) contracts | Net amount of the reserve for incurred but not reported claims under life insurance (reinsurance) contracts | Reserve for incurred but not reported claims under annuity contracts | Reinsurer's share in the reserve for incurred but not reported claims under annuity contracts | Net amount of the reserve for incurred but not reported claims under annuity contracts |
| 7 | 8 | 9 | 10 | 11 |
| … |
continuation of the table:
| Reserve for incurred but not reported claims | Reinsurer's share in the reserve for incurred but not reported claims | Net amount of the reserve for incurred but not reported claims | Reserve for reported but unsettled claims | Reinsurer's share in the reserve for reported but unsettled claims |
| 12 | 13 | 14 | 15 | 16 |
| … | … |
continuation of the table:
| Net amount of the reserve for reported but unsettled claims | Total reinsurer's share in insurance reserves | Total insurance reserves |
| 17 | 18 | 19 |
| … |
Name ______
Address ______
Phone ______
Email address ______
Executor ______ ______
surname, first name and patronymic (if any) signature, phone
Head or person authorized to sign the report
surname, first name and patronymic (if any) signature
Date "____" ______ 20__ year
Appendix
to the reporting form for the calculation
of insurance reserves
for the "life insurance" sector
Instructions for filling out the administrative data form
Report on the calculation of insurance reserves for the "life insurance" sector
(index – 15 - I(R)O_M, frequency – monthly)
Chapter 1. General Provisions
-
These instructions define the uniform requirements for filling out the administrative data form "Report on the calculation of insurance reserves for the 'life insurance' sector" (hereinafter – the Form).
-
The Form is developed in accordance with subparagraph 65-2) of Part Two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity" and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
The Form is compiled monthly by a (re)insurance organization, an Islamic (re)insurance organization, carrying out activities in the "life insurance" sector 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 authorized to sign the report, and the executor.
Chapter 2. Instructions for Filling out the Form
-
The Form indicates the amount of insurance reserves by insurance classes as of the end of the reporting period.
-
Insurance reserves are calculated in accordance with the Requirements for the formation, methodology for calculating 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, registered in the Registry of State Registration of Legal Acts under No. 18290.
-
In column 4, the reinsurer's share in the unearned premium reserve is indicated excluding the commission remuneration to the cedent, the insurance broker under a reinsurance (insurance) contract, and other compensations, payments to insurance intermediaries and other persons from the reinsurer that are not related to insurance protection for risks transferred to reinsurance.
-
In row 1.2, annuity insurance contracts are indicated, excluding annuity insurance 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" and the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan".
-
In row 1.4, 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 1.8, contracts for mandatory insurance of employees against accidents and contracts for annuity insurance 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 without filling it out.
Appendix 12
to the resolution
Appendix 16
to Resolution of the Board
of the National Bank
of the Republic of Kazakhstan
dated December 31, 2019 No. 275
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 internet resource: www.nationalbank.kz
Report on Insurance Premiums and State Premium
Administrative data form index: 16 - I(R)O_M
Frequency: monthly
Reporting period: as of "___" ____20 year
Persons submitting information: insurance (reinsurance) organization, Islamic insurance (reinsurance) organization
Deadline for submitting the administrative data form: monthly, no later than the 6 (sixth) working day of the month following the reporting month
Form
Table. Insurance Premiums and State Premium
(in thousands of tenge)
| No. | Name of insurance classes | Insurance premiums accepted under insurance (reinsurance) contracts | |||||||||
| total | including | ||||||||||
| insurance premiums accepted under insurance contracts | insurance premiums accepted under reinsurance contracts | ||||||||||
| total | including | total | including | ||||||||
| in electronic form | from resident | from non-resident | from resident | from non-resident | |||||||
| individuals | legal entities | individuals | legal entities | ||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| 1 | Mandatory Insurance | ||||||||||
| 1.1 | Civil liability of vehicle owners | ||||||||||
| 1.2 | Civil liability of the carrier to passengers | ||||||||||
| 1.3 | Insurance of civil liability of private notaries | ||||||||||
| 1.4 | Ecological insurance | ||||||||||
| 1.5 | Civil liability of audit organizations | ||||||||||
| 1.6 | Tourist insurance | ||||||||||
| 1.7 | Civil liability of owners of facilities whose activities are associated with the danger of causing harm to third parties | ||||||||||
| 1.8 | Insurance of employees against accidents while performing their labor (official) duties | ||||||||||
| 1.9 | Other types (classes) of insurance | ||||||||||
| 2 | Voluntary Personal Insurance | ||||||||||
| 2.1 | Life insurance, excluding the class specified in row 2.3 of this table | ||||||||||
| 2.2 | Annuity insurance, excluding the class specified in row 2.4 of this table | ||||||||||
| 2.3 | Life insurance within the state educational savings system | ||||||||||
| 2.4 | Pension annuity insurance | ||||||||||
| 2.5 | Accident insurance | ||||||||||
| 2.6 | Sickness insurance, including: | ||||||||||
| 2.6.1 | traveling abroad | ||||||||||
| 2.7 | 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 objects insurance | ||||||||||
| 3.6 | Cargo insurance | ||||||||||
| 3.7 | Property insurance against damage, excluding the classes specified in rows 3.1, 3.2, 3.3, 3.4, 3.5 and 3.6 of this table | ||||||||||
| 3.8 | Civil liability of motor vehicle owners insurance | ||||||||||
| 3.9 | Civil liability of air transport owners insurance | ||||||||||
| 3.10 | Civil liability of water transport owners insurance | ||||||||||
| 3.11 | Civil liability of space object owners insurance | ||||||||||
| 3.12 | Professional liability insurance | ||||||||||
| 3.13 | Civil liability insurance, excluding the classes specified in rows 3.8, 3.9, 3.10, 3.11 and 3.12 of this table | ||||||||||
| 3.14 | Legal entity loan insurance | ||||||||||
| 3.15 | Mortgage insurance | ||||||||||
| 3.16 | Insurance of guarantees and sureties | ||||||||||
| 3.17 | Insurance against other financial losses | ||||||||||
| 3.18 | Insurance of losses of financial organizations, excluding the classes specified in rows 3.14, 3.15, 3.16 and 3.17 of this table | ||||||||||
| 3.19 | Title insurance | ||||||||||
| 3.20 | Court costs insurance | ||||||||||
| 3.21 | Other types (classes) of insurance | ||||||||||
| 4 | Total |
continuation of the table:
| State Premium | Insurance premiums transferred to reinsurance | Income related to the termination of contracts transferred to reinsurance | Net amount of insurance premiums | Expenses related to the termination of insurance (reinsurance) contracts | |||||
| total | including | total | including | ||||||
| to resident | to non-resident | under insurance contracts | under reinsurance contracts | state premium | |||||
| 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 |
continuation of the table:
| Change in unearned premium reserve | Change in reinsurance assets in the unearned premium reserve | Change in net amount of unearned premium reserve | Net amount of earned insurance premiums (column 18 - column 19 - column 27) | ||
| total | including | ||||
| to resident | to non-resident | ||||
| 23 | 24 | 25 | 26 | 27 | 28 |
continuation of the table:
| Income in the form of commission remuneration for insurance activities | Expenses in the form of commission remuneration for insurance activities | ||||
| total | including | total | including | ||
| from residents | from non-residents | to residents | to non-residents | ||
| 29 | 30 | 31 | 32 | 33 | 34 |
Name ______
Address ______
Phone ______
Email address ______
Executor ______ ______
surname, first name and patronymic (if any) signature, phone
Head or person authorized to sign the report
surname, first name and patronymic (if any) signature
Date "____" ______ 20__ year
Appendix
to the reporting form
on insurance premiums
and state premium
Instructions for filling out the administrative data form
Report on Insurance Premiums and State Premium
(index – 16 - I(R)O_M, frequency – monthly)
Chapter 1. General Provisions
-
These instructions define the uniform requirements for filling out the administrative data form "Report on Insurance Premiums and State Premium" (hereinafter – the Form).
-
The Form is developed in accordance with subparagraph 65-2) of Part Two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity" and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
The Form is compiled monthly by a (re)insurance organization, an Islamic (re)insurance 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 authorized to sign the report, and the executor.
Chapter 2. Instructions for Filling out the Form
-
In column 4, the aggregate data of columns 6, 7, 8 and 9 are indicated.
-
In column 13, the state premium accepted under life insurance contracts within the state educational savings system is indicated.
-
In row 1.8, contracts for mandatory insurance of employees against accidents and contracts for annuity insurance 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 row 2.2, annuity insurance contracts are indicated, excluding annuity insurance 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" and the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan".
-
In row 2.4, 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 the absence of information, the Form is submitted without filling it out.
Appendix 13
to the resolution
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 the collection of 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 Payouts
Administrative data form index: 18 - I(R)O_M
Frequency: monthly
Reporting period: as of "___" ____20 year
Persons submitting information: insurance (reinsurance) organization, Islamic insurance (reinsurance) organization
Deadline for submitting the administrative data form: monthly, no later than the 6 (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 Payments | |||||
| Total | including | ||||||
| under contracts accepted for insurance | under contracts accepted for reinsurance | ||||||
| to individuals | to legal entities | from residents | from non-residents | ||||
| total | including, state premium | ||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| 1 | Mandatory Insurance | ||||||
| 1.1 | civil liability of vehicle owners | ||||||
| 1.2 | civil liability of the carrier to passengers | ||||||
| 1.3 | civil liability insurance of private notaries | ||||||
| 1.4 | ecological insurance | ||||||
| 1.5 | civil liability of audit organizations | ||||||
| 1.6 | tourist insurance | ||||||
| 1.7 | civil liability of owners of objects whose activities are associated with the danger of causing harm to third parties | ||||||
| 1.8 | insurance of an employee against accidental injury in the performance of their labor (official) duties | ||||||
| 1.9 | other types (classes) of insurance | ||||||
| 2 | Voluntary Personal Insurance | ||||||
| 2.1 | life insurance, excluding the class specified in line 2.3 of this table | ||||||
| 2.2 | annuity insurance, excluding the class specified in line 2.4 of this table | ||||||
| 2.3 | life insurance within the state educational savings system | ||||||
| 2.4 | pension annuity insurance | ||||||
| 2.5 | accidental injury insurance | ||||||
| 2.6 | illness insurance, including: | ||||||
| 2.6.1 | traveling abroad | ||||||
| 2.7 | 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 objects insurance | ||||||
| 3.6 | cargo insurance | ||||||
| 3.7 | property damage insurance, excluding the classes specified in lines 3.1, 3.2, 3.3, 3.4, 3.5 and 3.6 of this table | ||||||
| 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 the classes specified in lines 3.8, 3.9, 3.10, 3.11 and 3.12 of this table | ||||||
| 3.14 | legal entity loan insurance | ||||||
| 3.15 | mortgage insurance | ||||||
| 3.16 | guarantee and suretyship insurance | ||||||
| 3.17 | other financial loss insurance | ||||||
| 3.18 | financial organization loss insurance, excluding the classes specified in lines 3.14, 3.15, 3.16 and 3.17 of this table | ||||||
| 3.19 | title insurance | ||||||
| 3.20 | court costs insurance | ||||||
| 3.21 | other types (classes) of insurance | ||||||
| 4 | Total |
continuation of the table:
| Number of Claims Filed | Number of Insurance Payments | Recovery under Recourse Claim | Recovery Transferred to Reinsurer under Recourse Claim | ||
| Total | including | ||||
| individuals | legal entities | ||||
| 9 | 10 | 11 | 12 | 13 | 14 |
| … |
continuation of the table:
| Recovery of Expenses for Risks Transferred to Reinsurance | Net Expenses for Insurance Payments | Expenses for Settlement of Insurance Losses | ||
| Total | including | |||
| from residents | from non-residents | |||
| 15 | 16 | 17 | 18 | 19 |
| … |
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
Date “____” ______ 20__ year
Appendix
to the insurance payment report form
Explanation for filling out the administrative data form
Insurance Payment Report
(form index – 18 - I(R)O_M, frequency – monthly)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form "Insurance Payment Report" (hereinafter – the Form).
-
The Form is developed in accordance with subparagraph 65-2) of part two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity" and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
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
-
Column 6 indicates the state premium accepted under life insurance contracts within the state educational savings system.
-
Column 9 indicates the number of claims filed, registered in the loss report of the insurance (reinsurance) organization for the period from the beginning of the reporting year (cumulative).
-
Column 10 indicates the number of insurance payments for the period from the beginning of the reporting year (cumulative). Insurance payments made in the form of periodic payments under annuity insurance contracts to the same beneficiary for the same insurance case are indicated as one insurance payment.
-
In columns 11 and 12 "number of insurance payments" information is indicated on the policyholder (beneficiary) who is the actual recipient of the insurance payment.
-
Column 18 indicates the value of column 3 minus the values of columns 13, 15 and plus the value of column 14.
-
Column 19 indicates the amount of additional expenses of the insurance (reinsurance) organization for the acquisition of services (appraisal services and legal services) related to the implementation of insurance payments.
-
Line 1.8 indicates contracts for mandatory insurance of an employee against accidental injury and contracts for annuity insurance concluded in accordance with the Law of the Republic of Kazakhstan "On Mandatory Insurance of an Employee Against Accidental Injury in the Performance of Their Labor (Official) Duties".
-
Line 2.2 indicates annuity insurance contracts, excluding annuity insurance contracts concluded in accordance with the laws of the Republic of Kazakhstan "On Mandatory Insurance of an Employee Against Accidental Injury in the Performance of Their Labor (Official) Duties" and "On Pension Provision in the Republic of Kazakhstan".
-
Line 2.4 indicates pension annuity contracts concluded in accordance with the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan".
-
In the absence of information, the Form is submitted without filling.
Appendix 14
to the resolution
Appendix 19
to the Resolution of the Board
of the National Bank
of the Republic of Kazakhstan
dated December 31, 2019 No. 275
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 internet resource: www.nationalbank.kz
Report on the Volume of Obligations
Administrative data form index: 19 - I(R)O_M
Frequency: monthly
Reporting period: as of “___” ______20__year
Circle of persons providing information: insurance (reinsurance) organization, Islamic insurance (reinsurance) organization
Deadline for submitting the administrative data form: monthly, no later than the 6 (sixth) working day of the month following the reporting month
Form
Table. Volume of Obligations
| No. | Name of Insurance Classes | Number of Contracts Concluded for the Period from the Beginning of the Current Year (Cumulative) (Pieces) | Number of Insurance Objects under Concluded Contracts for the Period from the Beginning of the Current Year (Pieces) | Number of Active Contracts (Pieces) | Number of Insurance Objects under Active Contracts (Pieces) | |
| Total | including, in electronic form | |||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 1 | Mandatory Insurance: | |||||
| 1.1 | civil liability of vehicle owners, including: | |||||
| 1.1.1 | individuals | |||||
| 1.1.2 | legal entities | |||||
| 1.2 | civil liability of the carrier to passengers, including: | |||||
| 1.2.1 | individuals | |||||
| 1.2.2 | legal entities | |||||
| 1.3 | civil liability insurance of private notaries, including: | |||||
| 1.3.1 | individuals | |||||
| 1.3.2 | legal entities | |||||
| 1.4 | ecological insurance, including: | |||||
| 1.4.1 | individuals | |||||
| 1.4.2 | legal entities | |||||
| 1.5 | civil liability of audit organizations, including: | |||||
| 1.5.1 | individuals | |||||
| 1.5.2 | legal entities | |||||
| 1.6 | tourist insurance, including: | |||||
| 1.6.1 | individuals | |||||
| 1.6.2 | legal entities | |||||
| 1.7 | civil liability of owners of objects whose activities are associated with the danger of causing harm to third parties, including: | |||||
| 1.7.1 | individuals | |||||
| 1.7.2 | legal entities | |||||
| 1.8 | insurance of an employee against accidental injury in the performance of their labor (official) duties, including: | |||||
| 1.8.1 | individuals | |||||
| 1.8.2 | legal entities | |||||
| 1.9 | other types (classes) of insurance, including: | |||||
| 1.9.1 | individuals | |||||
| 1.9.2 | legal entities | |||||
| 1.10 | Total for mandatory insurance of individuals | |||||
| 1.11 | Total for mandatory insurance of legal entities | |||||
| 2 | Voluntary Personal Insurance: | |||||
| 2.1 | life insurance, excluding the class specified in line 2.3 of this table, including: | |||||
| 2.1.1 | individuals | |||||
| 2.1.2 | legal entities | |||||
| 2.2 | annuity insurance, excluding the class specified in line 2.4 of this table, including: | |||||
| 2.2.1 | individuals | |||||
| 2.2.2 | legal entities | |||||
| 2.3 | life insurance within the state educational savings system, including: | |||||
| 2.3.1 | individuals | |||||
| 2.3.2 | legal entities | |||||
| 2.4 | pension annuity insurance, including: | |||||
| 2.4.1 | individuals | |||||
| 2.4.2 | legal entities | |||||
| 2.5 | accidental injury insurance, including: | |||||
| 2.5.1 | individuals | |||||
| 2.5.2 | legal entities | |||||
| 2.6 | illness insurance, including: | |||||
| 2.6.1 | individuals | |||||
| 2.6.2 | legal entities | |||||
| 2.6.3 | traveling abroad | |||||
| 2.7 | other types (classes) of insurance, including: | |||||
| 2.7.1 | individuals | |||||
| 2.7.2 | legal entities | |||||
| 2.8 | Total for voluntary personal insurance of individuals | |||||
| 2.9 | Total for voluntary personal insurance of legal entities | |||||
| 3 | Voluntary Property Insurance: | |||||
| 3.1 | motor vehicle insurance, including: | |||||
| 3.1.1 | individuals | |||||
| 3.1.2 | legal entities | |||||
| 3.2 | railway transport insurance, including: | |||||
| 3.2.1 | individuals | |||||
| 3.2.2 | legal entities | |||||
| 3.3 | air transport insurance, including: | |||||
| 3.3.1 | individuals | |||||
| 3.3.2 | legal entities | |||||
| 3.4 | water transport insurance, including: | |||||
| 3.4.1 | individuals | |||||
| 3.4.2 | legal entities | |||||
| 3.5 | space objects insurance, including: | |||||
| 3.5.1 | individuals | |||||
| 3.5.2 | legal entities | |||||
| 3.6 | cargo insurance, including: | |||||
| 3.6.1 | individuals | |||||
| 3.6.2 | legal entities | |||||
| 3.7 | property damage insurance, excluding the classes specified in lines 3.1, 3.2, 3.3, 3.4, 3.5 and 3.6 of this table, including: | |||||
| 3.7.1 | individuals | |||||
| 3.7.2 | legal entities | |||||
| 3.8 | civil liability insurance of motor vehicle owners, including: | |||||
| 3.8.1 | individuals | |||||
| 3.8.2 | legal entities | |||||
| 3.9 | civil liability insurance of air transport owners, including: | |||||
| 3.9.1 | individuals | |||||
| 3.9.2 | legal entities | |||||
| 3.10 | civil liability insurance of water transport owners, including: | |||||
| 3.10.1 | individuals | |||||
| 3.10.2 | legal entities | |||||
| 3.11 | civil liability insurance of space object owners, including: | |||||
| 3.11.1 | individuals | |||||
| 3.11.2 | legal entities | |||||
| 3.12 | professional liability insurance, including: | |||||
| 3.12.1 | individuals | |||||
| 3.12.2 | legal entities | |||||
| 3.13 | civil liability insurance, excluding the classes specified in lines 3.8, 3.9, 3.10, 3.11 and 3.12 of this table, including: | |||||
| 3.13.1 | individuals | |||||
| 3.13.2 | legal entities | |||||
| 3.14 | legal entity loan insurance, including: | |||||
| 3.14.1 | individuals | |||||
| 3.14.2 | legal entities | |||||
| 3.15 | mortgage insurance, including: | |||||
| 3.15.1 | individuals | |||||
| 3.15.2 | legal entities | |||||
| 3.16 | guarantee and suretyship insurance, including: | |||||
| 3.16.1 | individuals | |||||
| 3.16.2 | legal entities | |||||
| 3.17 | other financial loss insurance, including: | |||||
| 3.17.1 | individuals | |||||
| 3.17.2 | legal entities | |||||
| 3.18 | financial organization loss insurance, excluding the classes specified in lines 3.14, 3.15, 3.16 and 3.17 of this table, including: | |||||
| 3.18.1 | individuals | |||||
| 3.18.2 | legal entities | |||||
| 3.19 | title insurance, including: | |||||
| 3.19.1 | individuals | |||||
| 3.19.2 | legal entities | |||||
| 3.20 | court costs insurance, including: | |||||
| 3.20.1 | individuals | |||||
| 3.20.2 | legal entities | |||||
| 3.21 | other types (classes) of insurance, including: | |||||
| 3.21.1 | individuals | |||||
| 3.21.2 | legal entities | |||||
| 3.22 | Total for voluntary property insurance of individuals | |||||
| 3.23 | Total for voluntary property insurance of legal entities | |||||
| 4 | Total, including: | |||||
| 4.1 | individuals | |||||
| 4.2 | legal entities |
continuation of the table:
| Volume of Obligations under Active Insurance (Reinsurance) Contracts (in thousands of tenge) | Sum of Insurance Premiums under Active Insurance (Reinsurance) Contracts (in thousands of tenge) | ||||
| total | including, transferred to reinsurance | total | including, transferred to reinsurance | ||
| residents | non-residents | residents | non-residents | ||
| 8 | 9 | 10 | 11 | 12 | 13 |
| … |
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
Date “____” ______ 20__ year
Appendix
to the report form
on the volume of obligations
Explanation for filling out the administrative data form
Report on the Volume of Obligations
(form index – 19 - I(R)O_M, frequency – monthly)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form "Report on the Volume of Obligations" (hereinafter – the Form).
-
The Form is developed in accordance with subparagraph 65-2) of part two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity" and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
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 columns 5 and 7, the number of units of insurance objects is indicated, based on which the amount of the insurance premium is determined.
-
For voluntary and mandatory types of civil liability insurance, excluding mandatory insurance of civil liability of vehicle owners, mandatory insurance of civil liability of the carrier to passengers, for each insurance (reinsurance) contract, one insurance object is indicated in columns 5 and 7.
-
In the class of mandatory insurance of civil liability of vehicle owners, the number of vehicles is indicated in columns 5 and 7.
-
Column 8 indicates the total volume of obligations under active insurance and incoming reinsurance contracts.
-
Column 11 indicates the sum of insurance premiums under active insurance and incoming reinsurance contracts.
-
In the case of concluding a voluntary insurance contract within several insurance classes, information on the insurance (reinsurance) contract:
1) in columns 3, 4, 5, 6 and 7 is indicated in accordance with the insurance class having the largest share in the volume of obligations under this contract;
2) in columns 8, 9, 10 and 11 is indicated separately for each insurance class.
-
In the class of annuity insurance, the volume of obligations under active insurance (reinsurance) contracts is not indicated.
-
Line 1.8 indicates contracts for mandatory insurance of an employee against accidental injury and contracts for annuity insurance concluded in accordance with the Law of the Republic of Kazakhstan "On Mandatory Insurance of an Employee Against Accidental Injury in the Performance of Their Labor (Official) Duties".
-
Line 2.2 indicates annuity insurance contracts, excluding annuity insurance contracts concluded in accordance with the Law of the Republic of Kazakhstan "On Mandatory Insurance of an Employee Against Accidental Injury in the Performance of Their Labor (Official) Duties" and the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan".
-
Line 2.4 indicates pension annuity contracts concluded in accordance with the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan".
-
In the absence of information, the Form is submitted without filling.
Appendix 15
to the resolution
Appendix 20
to the Resolution of the Board
of the National Bank
of the Republic of Kazakhstan
dated December 31, 2019 No. 275
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 internet resource: www.nationalbank.kz
Report on the Calculation of the Combined Coefficient of the Insurance (Reinsurance) Organization
Administrative data form index: 20 - I(R)O_M
Frequency: monthly
Reporting period: as of “___” ______20__year
Circle of persons providing information: insurance (reinsurance) organization, Islamic insurance (reinsurance) organization
Deadline for submitting the administrative data form: monthly, no later than the 6 (sixth) working day of the month following the reporting month
Form
Table. Calculation of the Combined Coefficient of the Insurance (Reinsurance) Organization
(in thousands of tenge)
| No. | Name of classes (types) of insurance | Earned insurance premiums | Insurance payments | Changes in loss reserves | Settlement expenses | Expenses | Net expenses | |||
| Total | Net amount of earned premiums | Total | Net amount of insurance payments | Total | Net amount of changes in loss reserves | |||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| 1. | Mandatory insurance | |||||||||
| 1.1 | insurance of civil liability of vehicle owners | |||||||||
| 1.2 | insurance of civil liability of the carrier to passengers | |||||||||
| 1.3 | insurance of civil liability of private notaries | |||||||||
| 1.4 | ecological insurance | |||||||||
| 1.5 | insurance of civil liability of auditors and audit organizations | |||||||||
| 1.6 | tourist insurance | |||||||||
| 1.7 | insurance of civil liability of owners of objects whose activities are associated with the danger of causing harm to third parties | |||||||||
| 1.8 | insurance of employees against accidents in the performance of their labor (official) duties | |||||||||
| 1.9 | other classes (types) of insurance | |||||||||
| 2. | Voluntary personal insurance | |||||||||
| 2.1 | life insurance, except for the class specified in line 2.3 of this table | |||||||||
| 2.2 | annuity insurance, except for the class specified in line 2.4 of this table | |||||||||
| 2.3 | life insurance within the state educational savings system | |||||||||
| 2.4 | pension annuity insurance | |||||||||
| 2.5 | insurance against accidents | |||||||||
| 2.6 | insurance against illness, including: | |||||||||
| 2.6.1 | traveling abroad | |||||||||
| 2.7 | other types (classes) of insurance | |||||||||
| 3. | Voluntary property insurance | |||||||||
| 3.1 | insurance of road transport | |||||||||
| 3.2 | insurance of railway transport | |||||||||
| 3.3 | insurance of air transport | |||||||||
| 3.4 | insurance of water transport | |||||||||
| 3.5 | insurance of space objects | |||||||||
| 3.6 | cargo insurance | |||||||||
| 3.7 | insurance of property against damage, except for the classes specified in lines 3.1, 3.2, 3.3, 3.4, 3.5 and 3.6 of this table | |||||||||
| 3.8 | insurance of civil liability of owners of road transport | |||||||||
| 3.9 | insurance of civil liability of owners of air transport | |||||||||
| 3.10 | insurance of civil liability of owners of water transport | |||||||||
| 3.11 | insurance of civil liability of owners of space objects | |||||||||
| 3.12 | professional liability insurance | |||||||||
| 3.13 | insurance of civil liability, except for the classes specified in lines 3.8, 3.9, 3.10, 3.11 and 3.12 of this table | |||||||||
| 3.14 | insurance of loans of legal entities | |||||||||
| 3.15 | mortgage insurance | |||||||||
| 3.16 | insurance of guarantees and sureties | |||||||||
| 3.17 | insurance against other financial losses | |||||||||
| 3.18 | insurance of losses of financial organizations, except for the classes specified in lines 3.14, 3.15, 3.16 and 3.17 of this table | |||||||||
| 3.19 | title insurance | |||||||||
| 3.20 | insurance of court costs | |||||||||
| 3.21 | other types (classes) of insurance | |||||||||
| 4. | For the entire insurance portfolio |
continuation of the table:
| | | | | | |
| --- | --- | --- | --- | --- |
| Loss ratio for the reporting period taking into account the reinsurer's share, in percent | Loss ratio for the reporting period without taking into account the reinsurer's share, in percent | Expense ratio taking into account the reinsurer's share, in percent | Expense ratio without taking into account the reinsurer's share, in percent | Combined ratio taking into account the reinsurer's share, in percent | Combined ratio without taking into account the reinsurer's share, in percent |
| 12 | 13 | 14 | 15 | 16 | 17 |
| ... | | | | | |
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
Date "____" ______ 20__ year
Appendix
to the report form on the calculation of the combined coefficient of the insurance (reinsurance) organization
Explanation for filling out the administrative data form
Report on the calculation of the combined coefficient of the insurance (reinsurance) organization
(index – 20 - I(R)O_M, frequency – monthly)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form "Report on the calculation of the combined coefficient of the insurance (reinsurance) organization" (hereinafter – the Form).
-
The Form is developed in accordance with subparagraph 65-2) of part two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity" and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
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
-
The Form determines the procedure for calculating coefficients characterizing the loss ratio of the insurance (reinsurance) organization.
-
The Form is filled out for all classes (types) of insurance, except for classes (types) of savings insurance.
-
All parameters are used for the twelve months preceding the reporting date.
-
Column 3 indicates earned insurance premiums calculated in accordance with part two of paragraph 8 of the Rules for calculating coefficients characterizing the loss ratio (loss ratio, expense ratio, combined ratio) of the insurance (reinsurance) organization, branch of the insurance (reinsurance) organization-non-resident of the Republic of Kazakhstan, approved by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated December 19, 2015 No. 240, registered in the Registry of State Registration of Normative Legal Acts under No. 13056 (hereinafter – the Rules).
-
Column 4 indicates net earned insurance premiums calculated in accordance with part two of paragraph 9 of the Rules.
-
Column 5 indicates insurance payments for the twelve months preceding the reporting date.
-
Column 6 indicates insurance payments without taking into account the reinsurer's share for the twelve months preceding the reporting date.
-
Column 7 indicates changes in loss reserves for the twelve months preceding the reporting date.
-
Column 8 indicates changes in loss reserves without taking into account the reinsurer's share for the twelve months preceding the reporting date.
-
Column 9 indicates settlement expenses for the twelve months preceding the reporting date.
-
Columns 10, 11, 14, 15, 16 and 17 are filled out for the entire insurance portfolio.
-
Column 12 indicates the ratio of the sum of columns 5, 7 and 9 to the corresponding value of column 3.
-
Column 13 indicates the ratio of the sum of columns 6, 8 and 9 to the corresponding value of column 4.
-
Column 14 indicates the ratio of the value of column 10 to the corresponding value of column 3.
-
Column 15 indicates the ratio of the value of column 11 to the corresponding value of column 4.
-
Column 16 indicates the sum of the corresponding values of columns 12 and 14.
-
Column 17 indicates the sum of the corresponding values of columns 13 and 15.
-
In line 1.8, contracts for mandatory insurance of employees against accidents and contracts for annuity insurance concluded in accordance with the Law of the Republic of Kazakhstan "On Mandatory Insurance of Employees Against Accidents in the Performance of Their Labor (Official) Duties" are indicated.
-
In line 2.2, contracts for annuity insurance are indicated, except for contracts for annuity insurance concluded in accordance with the Law of the Republic of Kazakhstan "On Mandatory Insurance of Employees Against Accidents in the Performance of Their Labor (Official) Duties" and the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan".
-
In line 2.4, contracts for pension annuity concluded in accordance with the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan" are indicated.
-
In the absence of information, the Form is submitted without filling out.
Appendix 16
to the resolution
Appendix 21
to Resolution of the Board of the National Bank of the Republic of Kazakhstan dated December 31, 2019 No. 275
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 the calculation of the loss ratio of the insurance (reinsurance) organization by policies
Index of the administrative data form: 21 - I(R)O_Y
Frequency: annually
Reporting period: as of "___" ______20__year
Circle of persons providing information: insurance (reinsurance) organization, Islamic insurance (reinsurance) organization
Deadline for submitting the administrative data form: annually, no later than the 6 (sixth) working day of the month following the reporting month
Form
Table. Calculation of the loss ratio of the insurance (reinsurance) organization by policies
(in thousands of tenge)
| No. | Name of classes (types) of insurance | Earned insurance premiums | Insurance payments | Changes in loss reserves | Settlement expenses | Loss ratio by policies taking into account the reinsurer's share, in percent | Loss ratio by policies without taking into account the reinsurer's share, in percent | |||
| Total | Net amount of earned premiums | Total | Net amount of insurance payments | Total | Net amount of changes in loss reserves | |||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| 1. | Mandatory insurance | |||||||||
| 1.1 | insurance of civil liability of vehicle owners | |||||||||
| 1.2 | insurance of civil liability of the carrier to passengers | |||||||||
| 1.3 | insurance of civil liability of private notaries | |||||||||
| 1.4 | ecological insurance | |||||||||
| 1.5 | insurance of civil liability of auditors and audit organizations | |||||||||
| 1.6 | tourist insurance | |||||||||
| 1.7 | insurance of civil liability of owners of objects whose activities are associated with the danger of causing harm to third parties | |||||||||
| 1.8 | insurance of employees against accidents in the performance of their labor (official) duties | |||||||||
| 1.9 | other classes (types) of insurance | |||||||||
| 2. | Voluntary personal insurance | |||||||||
| 2.1 | life insurance, except for the class specified in line 2.3 of this table | |||||||||
| 2.2 | annuity insurance, except for the class specified in line 2.4 of this table | |||||||||
| 2.3 | life insurance within the state educational savings system | |||||||||
| 2.4 | pension annuity insurance | |||||||||
| 2.5 | insurance against accidents | |||||||||
| 2.6 | insurance against illness | |||||||||
| 2.6.1 | traveling abroad | |||||||||
| 2.7 | other classes (types) of insurance | |||||||||
| 3. | Voluntary property insurance | |||||||||
| 3.1 | insurance of road transport | |||||||||
| 3.2 | insurance of railway transport | |||||||||
| 3.3 | insurance of air transport | |||||||||
| 3.4 | insurance of water transport | |||||||||
| 3.5 | insurance of space objects | |||||||||
| 3.6 | cargo insurance | |||||||||
| 3.7 | insurance of property against damage, except for the classes specified in lines 3.1, 3.2, 3.3, 3.4, 3.5 and 3.6 of this table | |||||||||
| 3.8 | insurance of civil liability of owners of road transport | |||||||||
| 3.9 | insurance of civil liability of owners of air transport | |||||||||
| 3.10 | insurance of civil liability of owners of water transport | |||||||||
| 3.11 | insurance of civil liability of owners of space objects | |||||||||
| 3.12 | professional liability insurance | |||||||||
| 3.13 | insurance of civil liability, except for the classes specified in lines 3.8, 3.9, 3.10, 3.11 and 3.12 of this table | |||||||||
| 3.14 | insurance of loans of legal entities | |||||||||
| 3.15 | mortgage insurance | |||||||||
| 3.16 | insurance of guarantees and sureties | |||||||||
| 3.17 | insurance against other financial losses | |||||||||
| 3.18 | insurance of losses of financial organizations, except for the classes specified in lines 3.14, 3.15, 3.16 and 3.17 of this table | |||||||||
| 3.19 | title insurance | |||||||||
| 3.20 | insurance of court costs | |||||||||
| 3.21 | other classes (types) of insurance | |||||||||
| 4. | For the entire insurance portfolio |
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
Date "____" ______ 20__ year
Appendix
to the report form on the calculation of the loss ratio of the insurance (reinsurance) organization by policies
Explanation for filling out the administrative data form
Report on the calculation of the loss ratio of the insurance (reinsurance) organization by policies
(index – 21 - I(R)O_Y, frequency – annual)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form "Report on the calculation of the loss ratio of the insurance (reinsurance) organization by policies" (hereinafter – the Form).
-
The Form is developed in accordance with subparagraph 65-2) of part two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity" and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
The Form is compiled annually 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
-
The Form determines the procedure for calculating the loss ratio of the insurance (reinsurance) organization by policies.
-
The Form is filled out for all classes (types) of insurance, except for classes (types) of savings insurance.
-
Column 3 indicates earned insurance premiums calculated in accordance with part two paragraph 16 of the Rules for calculating coefficients characterizing the loss ratio (loss ratio, expense ratio, combined ratio) of the insurance (reinsurance) organization, branch of the insurance (reinsurance) organization-non-resident of the Republic of Kazakhstan, approved by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated December 19, 2015 No. 240, registered in the Registry of State Registration of Normative Legal Acts under No. 13056 (hereinafter – the Rules).
-
Column 4 indicates net earned insurance premiums calculated in accordance with part two paragraph 17 of the Rules.
-
Column 5 indicates insurance payments for 24 (twenty-four) months preceding the reporting date, for insurance (reinsurance) contracts entered into force during the 12 (twelve) months preceding the reporting period.
-
Column 6 indicates insurance payments without taking into account the reinsurer's share for 24 (twenty-four) months preceding the reporting date, for insurance (reinsurance) contracts entered into force during the 12 (twelve) months preceding the reporting period.
-
Column 7 indicates changes in loss reserves for 24 (twenty-four) months preceding the reporting date, for insurance (reinsurance) contracts entered into force during the 12 (twelve) months preceding the reporting period.
-
Column 8 indicates changes in loss reserves without taking into account the reinsurer's share for 24 (twenty-four) months preceding the reporting date, for insurance (reinsurance) contracts entered into force during the 12 (twelve) months preceding the reporting period.
-
Column 9 indicates settlement expenses for 24 (twenty-four) months preceding the reporting date, for insurance (reinsurance) contracts entered into force during the 12 (twelve) months preceding the reporting period.
-
Column 10 indicates the ratio of the sum of columns 5, 7 and 9 to the corresponding value of column 3.
-
Column 11 indicates the ratio of the sum of columns 6, 8 and 9 to the corresponding value of column 4.
-
In line 1.8, contracts for mandatory insurance of employees against accidents and contracts for annuity insurance concluded in accordance with the Law of the Republic of Kazakhstan "On Mandatory Insurance of Employees Against Accidents in the Performance of Their Labor (Official) Duties" are indicated.
-
In line 2.2, contracts for annuity insurance are indicated, except for contracts for annuity insurance concluded in accordance with the Law of the Republic of Kazakhstan "On Mandatory Insurance of Employees Against Accidents in the Performance of Their Labor (Official) Duties" and the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan".
-
In line 2.4, contracts for pension annuity concluded in accordance with the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan" are indicated.
-
In the absence of information, the Form is submitted without filling out.
Appendix 17
to the resolution
Appendix 23
to Resolution of the Board of the National Bank of the Republic of Kazakhstan dated December 31, 2019 No. 275
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 transactions and insurance (reinsurance) contracts concluded with persons related to the insurance (reinsurance) organization, Islamic insurance (reinsurance) organization by special relations
Index of the administrative data form: 23 - I(R)O_Q
Frequency: quarterly
Reporting period: as of "___" ______20__year
Circle of persons providing information: insurance (reinsurance) organization, Islamic insurance (reinsurance) organization
Deadline for submitting the administrative data form: quarterly, no later than the 10 (tenth) working day of the month following the reporting quarter
Form
Table 1. Conclusion of an insurance (reinsurance) contract
(in thousands of tenge)
| No. | Name of insurance classes | Insurance premiums accepted under insurance contracts | Number of contracts concluded (units) | |||||||
| Total | of which under contracts concluded: | |||||||||
| with second-level banks | with others | |||||||||
| with individuals | with legal entities | with individuals | with legal entities | |||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | |
| 1 | Mandatory Insurance | |||||||||
| 1.1 | civil liability insurance of vehicle owners | |||||||||
| 1.2 | civil liability of the carrier towards passengers | |||||||||
| 1.3 | insurance of civil liability of private notaries | |||||||||
| 1.4 | environmental insurance | |||||||||
| 1.5 | civil liability of audit organizations | X | X | |||||||
| 1.6 | tourist insurance | |||||||||
| 1.7 | civil liability of owners of objects whose activity is associated with the danger of causing harm to third parties | |||||||||
| 1.8 | insurance of employees against accidents in the performance of their labor (official) duties | |||||||||
| 1.9 | other types (classes) of insurance | |||||||||
| 2 | Voluntary Personal Insurance | |||||||||
| 2.1 | life insurance, excluding the class specified in line 2.3 of this table | |||||||||
| 2.2 | annuity insurance, excluding the class specified in line 2.4 of this table | |||||||||
| 2.3 | life insurance within the state educational savings system | |||||||||
| 2.4 | pension annuity insurance | X | X | |||||||
| 2.5 | insurance against accidents | |||||||||
| 2.6 | insurance against illness, including: | |||||||||
| 2.6.1 | traveling abroad | |||||||||
| 2.7 | other types (classes) of insurance | |||||||||
| 3 | Voluntary Property Insurance | |||||||||
| 3.1 | insurance of road transport | |||||||||
| 3.2 | insurance of railway transport | |||||||||
| 3.3 | insurance of air transport | |||||||||
| 3.4 | insurance of water transport | |||||||||
| 3.5 | insurance of space objects | |||||||||
| 3.6 | cargo insurance | |||||||||
| 3.7 | insurance of property against damage, excluding the classes specified in lines 3.1, 3.2, 3.3, 3.4, 3.5 and 3.6 of this table | |||||||||
| 3.8 | civil liability insurance of road transport 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 the classes specified in lines 3.8, 3.9, 3.10, 3.11 and 3.12 of this table | |||||||||
| 3.14 | insurance of legal entity loans | |||||||||
| 3.15 | mortgage insurance | |||||||||
| 3.16 | insurance of guarantees and sureties | |||||||||
| 3.17 | insurance against other financial losses | |||||||||
| 3.18 | insurance of losses of financial organizations, excluding the classes specified in lines 3.14, 3.15, 3.16 and 3.17 of this table | |||||||||
| 3.19 | title insurance | |||||||||
| 3.20 | insurance of court costs | |||||||||
| 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 | of which under contracts concluded: | |||||||
| with second-level banks | with others | |||||||
| with individuals | with legal entities | with individuals | with 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 limits) under contracts accepted in reinsurance | Insurance premiums transferred under reinsurance contracts to reinsurance organizations related by special relations | Compensation received under reinsurance contracts from reinsurance organizations related by special relations | Volume of obligations transferred to reinsurance |
| 18 | 19 | 20 | 21 | 22 |
| … |
Table 2. Transactions with persons related to the insurance (reinsurance) organization by special relations, excluding insurance (reinsurance) contracts
(in thousands of tenge)
| No. | Name (surname, first name and 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 | Type of currency | Amount of the transaction under the contract, (in thousands of tenge) | Date of conclusion (date of commencement of performance of conditions) of the contract | Date of expiration of action (date of completion of performance of conditions) of the contract |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
| 1 | ||||||||
| … |
continuation of the table:
| Security under the terms of the contract | Payable remuneration (as a percentage per annum) | Details of the decision of the board of directors of the insurance (reinsurance) organization or the general meeting of shareholders (in the absence of a board of directors) | ||||
| type | value, in thousands of tenge | by the person related to the insurance (reinsurance) organization by special relations to the insurance (reinsurance) organization | by the insurance (reinsurance) organization to the person related to the insurance (reinsurance) organization by special relations | number | date | |
| 10 | 11 | 12 | 13 | 14 | 15 | |
| … |
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
Date “____” ______ 20__ year
Appendix
to form of the report on transactions and contracts
of insurance (reinsurance),
concluded with persons related to
the insurance (reinsurance)
organization, Islamic insurance
(reinsurance) organization
by special relations
Explanation on filling out the administrative data form
Report on transactions and contracts of insurance (reinsurance), concluded with persons related to the insurance (reinsurance) organization, Islamic insurance (reinsurance) organization by special relations
(index – 23 - I(R)O_Q, periodicity – quarterly)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form “Report on transactions and contracts of insurance (reinsurance), concluded with persons related to the insurance (reinsurance) organization, Islamic insurance (reinsurance) organization by special relations” (hereinafter – the Form).
-
The Form is developed in accordance with subparagraph 65-2) of part two of Article 15 of the Law of the Republic of Kazakhstan “On the National Bank of the Republic of Kazakhstan”, paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan “On Insurance Activity” and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan “On State Statistics”.
-
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 the person entrusted with the function of signing the report, and the executor.
Chapter 2. Explanation on filling out the Form
- Regarding Table 1:
1) The Form indicates 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);
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 is indicated, taking into account expenses related to the termination of insurance contracts in the reporting period;
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 inbound reinsurance contracts concluded with persons related to the insurance (reinsurance) organization by special relations is indicated, taking into account expenses related to the termination of reinsurance contracts in the reporting period;
5) in column 18, the amount of insurance payouts made under inbound reinsurance contracts concluded with persons related to the insurance (reinsurance) organization by special relations is indicated;
6) in line 1.8, contracts for mandatory insurance of employees against accidents and contracts for annuity insurance concluded in accordance with the Law of the Republic of Kazakhstan “On Mandatory Insurance of Employees against Accidents in the Performance of Their Labor (Official) Duties” are indicated;
7) in line 2.2, contracts for annuity insurance are indicated, excluding contracts for annuity insurance concluded in accordance with the Law of the Republic of Kazakhstan “On Mandatory Insurance of Employees against Accidents in the Performance of Their Labor (Official) Duties” and the Law of the Republic of Kazakhstan “On Pension Provision in the Republic of Kazakhstan”;
8) in line 2.4, contracts for pension annuity concluded in accordance with the Law of the Republic of Kazakhstan “On Pension Provision in the Republic of Kazakhstan” are indicated.
- Regarding Table 2:
1) The Form indicates information on all transactions of the insurance (reinsurance) organization with persons related to the insurance (reinsurance) organization by special relations, the amount of which for each type of operation of the insurance (reinsurance) organization with a person related to the insurance (reinsurance) organization by special relations exceeds 0.1 percent in aggregate of the size of the actual solvency margin, calculated in accordance with the Regulatory Values and Methodologies for Calculating Prudential Norms of the Insurance (Reinsurance) Organization and Insurance Group and Other Mandatory Norms and Limits to be Observed, established by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated December 26, 2016 No. 304 “On Establishing Regulatory Values and Methodologies for Calculating Prudential Norms of the Insurance (Reinsurance) Organization and Insurance Group and Other Mandatory Norms and Limits to be Observed, Requirements for Acquired Shares (Participation Shares in the 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 Shares in the Authorized Capital) Acquired by Insurance (Reinsurance) Organizations”, registered in the Registry of State Registration of Regulatory Legal Acts under No. 14794;
2) if the terms of the transaction for other operations do not imply the presence of security or payment of remuneration, columns 10, 11 or 12, 13 are not filled;
3) The Form indicates information on transactions made for the period from the beginning of the current year.
- In the absence of information, the Form is submitted without filling.
Appendix 18
to the resolution
Appendix 26
to the resolution of the Board
of the National Bank
of the Republic of Kazakhstan
dated December 31, 2019 No. 275
Form intended for the 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 balances on on-balance-sheet and off-balance-sheet accounts
Index of administrative data form: 26 - I(R)O_Q
Periodicity: quarterly
Reporting period: as of “___” ______20__year
Circle of persons submitting information: insurance (reinsurance) organization, Islamic insurance (reinsurance) organization
Deadline for submitting the administrative data form:
in part of table 1 – quarterly, no later than the 15th (fifteenth) working day of the month following the reporting quarter;
in part of table 2 – quarterly, no later than the 6th (sixth) working day of the month following the reporting quarter
Form
Table 1. Balances on on-balance-sheet accounts
(in thousands of tenge)
| Number of on-balance-sheet account | Residency sign | Code of the economic sector | Code of the currency group | Amount |
| 1 | 2 | 3 | 4 | 5 |
| Assets | ||||
| …. | ||||
| Liabilities | ||||
| …. | ||||
| Capital | ||||
| …. |
Table 2. Balances on off-balance-sheet accounts
(in thousands of tenge)
| No. | Name of off-balance-sheet accounts | At the end of the reporting period | At the beginning of the current year |
| 1 | 2 | 3 | 4 |
| 1 | Conditional and contingent claims and obligations | ||
| 1.1 | Claims accounts for guarantees | ||
| 1.1.1 | contingent claims on issued or confirmed guarantees | ||
| 1.1.2 | contingent claims on accepted guarantees | ||
| 1.1.3 | conditional extraordinary contributions in accordance with the legislation of the Republic of Kazakhstan on guaranteeing insurance payouts | ||
| 1.2 | Claims accounts for the provision (receipt) of loans in the future | ||
| 1.2.1 | conditional claims on loans provided | ||
| 1.2.2 | conditional claims on receiving loans in the future | ||
| 1.3 | Claims accounts for derivative financial instruments | ||
| 1.3.1 | conditional claims on the purchase of financial assets | ||
| 1.3.2 | conditional claims on the purchase of financial futures | ||
| 1.3.3 | conditional claims on the sale of financial futures | ||
| 1.3.4 | fixed interest rate swap | ||
| 1.3.5 | floating interest rate swap | ||
| 1.3.6 | purchased option deal – “call” | ||
| 1.3.7 | purchased option deal – “put” | ||
| 1.3.8 | sold option deal “put” - counter-account | ||
| 1.3.9 | sold option deal “call” – counter-account | ||
| 1.3.10 | purchased agreement on future remuneration – counter-account | ||
| 1.3.11 | realized agreement on future remuneration | ||
| 1.3.12 | conditional claims on other derivative financial instruments | ||
| 1.4 | Obligations accounts for guarantees | ||
| 1.4.1 | contingent obligations on issued or confirmed guarantees | ||
| 1.4.2 | possible reduction of claims on accepted guarantees | ||
| 1.4.3 | conditional obligations under the legislation of the Republic of Kazakhstan on guaranteeing insurance payouts | ||
| 1.5 | Obligations accounts for the provision (receipt) of loans in the future | ||
| 1.5.1 | conditional obligations on the provision of loans in the future | ||
| 1.5.2 | conditional obligations on receiving loans | ||
| 1.6 | Obligations accounts for derivative financial instruments | ||
| 1.6.1 | conditional obligations on the sale of financial assets | ||
| 1.6.2 | conditional obligations on the purchase of financial futures | ||
| 1.6.3 | conditional obligations on the sale of financial futures | ||
| 1.6.4 | floating interest rate swap | ||
| 1.6.5 | fixed interest rate swap | ||
| 1.6.6 | purchased option deal “call” – counter-account | ||
| 1.6.7 | purchased option deal “put” – counter-account | ||
| 1.6.8 | sold option deal “put” | ||
| 1.6.9 | sold option deal “call” | ||
| 1.6.10 | purchased agreement on future remuneration | ||
| 1.6.11 | realized agreement on future remuneration - counter-account | ||
| 1.6.12 | conditional obligations on other derivative financial instruments | ||
| 2 | Memorandum accounts | ||
| 2.1 | Memorandum accounts – assets | ||
| 2.1.1 | machines, equipment, transport and other means leased out | ||
| 2.1.2 | fixed assets sold with deferred payment | ||
| 2.1.3 | debts written off as a loss | ||
| 2.1.4 | documents and valuables sent for collection | ||
| 2.1.5 | property transferred as security (pledge) for obligations | ||
| 2.1.6 | shares (participation shares) transferred to the trust management of the originator | ||
| 2.2 | Memorandum accounts – liabilities | ||
| 2.2.1 | machines, equipment, transport and other means leased in | ||
| 2.2.2 | documents and valuables accepted for collection | ||
| 2.2.3 | property accepted as security (pledge) for client obligations | ||
| 2.2.4 | mortgage loans, claims rights to which are accepted for trust management | ||
| 2.2.4.1 | accrued remuneration on mortgage loans, claims rights to which are accepted for trust management | ||
| 2.2.4.2 | penalty (fine, penalty) on mortgage loans, claims rights to which are accepted for trust management | ||
| 2.3 | Memorandum accounts – other | ||
| 2.3.1 | payment documents not paid on time | ||
| 2.3.2 | credit lines opened by foreign states and foreign banks | ||
| 2.3.3 | various valuables and documents | ||
| 2.3.4 | various valuables and documents sent and issued for advance | ||
| 2.3.5 | refined precious metals in storage | ||
| 2.3.6 | shares and other securities in storage | ||
| 2.3.7 | “deposit” account | ||
| 3 | For information: Number of full-time employees |
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
Date “____” ______ 20__ year
Appendix
to the report form on balances
on on-balance-sheet and
off-balance-sheet accounts
Explanation on filling out the administrative data form
Report on balances on on-balance-sheet and off-balance-sheet accounts
(index – 26 - I(R)O_Q, periodicity – quarterly)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form “Report on balances on on-balance-sheet and off-balance-sheet accounts” (hereinafter – the Form).
-
The Form is developed in accordance with subparagraph 65-2) of part two of Article 15 of the Law of the Republic of Kazakhstan “On the National Bank of the Republic of Kazakhstan”, paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan “On Insurance Activity” and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan “On State Statistics”.
-
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 the person entrusted with the function of signing the report, and the executor.
Chapter 2. Explanation on filling out the Form
- Regarding Table 1:
1) in column 1, the number of on-balance-sheet accounts provided for in paragraphs 1, 2, 3, 4 and 5 of chapter 2 of the Standard Chart of Accounts for Accounting for Insurance (Reinsurance) Organizations, Islamic Insurance (Reinsurance) Organizations, Mutual Insurance Societies and Branches of Insurance (Reinsurance) Organizations - Non-residents of the Republic of Kazakhstan, approved by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated December 22, 2017 No. 251 “On Approval of the Standard Chart of Accounts for Accounting for Insurance (Reinsurance) Organizations, Islamic Insurance (Reinsurance) Organizations, Mutual Insurance Societies and Branches of Insurance (Reinsurance) Organizations - Non-residents of the Republic of Kazakhstan, Instruction on Accounting by Insurance (Reinsurance) Organizations, Islamic Insurance (Reinsurance) Organizations, Mutual Insurance Societies and Branches of Insurance (Reinsurance) Organizations - Non-residents of the Republic of Kazakhstan and Amendments and Additions to Certain Regulatory Legal Acts of the Republic of Kazakhstan on Accounting Issues”, registered in the Registry of State Registration of Regulatory Legal Acts under No. 16390 (hereinafter – Chart of Accounts) is indicated.
2) in columns 2, 3 and 4, codes corresponding to the residency sign, economic sector and currency group are indicated.
Resident status (column 2) and the code of the resident's economic sector (column 3) are indicated in accordance with the Rules for applying codes of economic sectors and payment purposes, approved by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated August 31, 2016 No. 203, registered in the Registry of State Registration of Normative Legal Acts under No. 14365.
For assets and liabilities in relation to non-residents, the economic sector code "0" is indicated in column 2.
The currency group code is indicated in column 4 as follows:
"1" – national currency of the Republic of Kazakhstan, tenge;
"2" – foreign currency, refined precious metals.
3) in columns 2 and 3 for assets, the resident status and the economic sector code of the debtor (issuer) are indicated; for liabilities – the resident status and the economic sector code of the creditor.
4) in columns 2 and 3:
for account 1280 08, the resident status and the economic sector code of the drawer are indicated;
for accounts 1120, 1130, 1140, 1160, 1270 01, 1270 04, 1290 23, 2020, 2030, 2170 01 and 2170 03, the resident status and the economic sector code of the issuer are indicated;
for accounts 4030 07 and 4030 10, the resident status and the economic sector code of the securities holder are indicated; if it is impossible to reliably determine the securities holder, the resident status and the economic sector code of the nominal holder (trustee owner) of the securities are indicated.
5) for accounts 1300, 2300, 2400, 2600, 2700, 2930 and accounts of paragraph 5 "Capital and Reserves" of Chapter 2 of the Standard Chart of Accounts, the code "0" is indicated in columns 2, 3 and 4.
6) for accounts 1370, 1380, 1400, 1500, 1620, 2800, 2920, 3100, 3200, 3520, 3530, 3540, 4310, 4420, 4430 and 4440, the code "0" is indicated in columns 2 and 3.
7) in column 5, the total amount as of the end of the reporting period for balance sheet accounts is indicated.
- For Table 2:
1) in column 2, the names of off-balance sheet accounts provided for in paragraphs 8, 9 and 10 of Chapter 2 of the Chart of Accounts are indicated.
2) in column 3, the total amount at the end of the reporting period for off-balance sheet accounts is indicated.
3) in column 4, the total amount at the beginning of the current year for off-balance sheet accounts is indicated.
4) in row 10, for informational purposes, the number of full-time employees and equivalents are indicated (two employees working part-time are counted as one full-time employee).
Appendix 19
to the Resolution
Appendix 28
to the Resolution of the Board
of the National Bank
of the Republic of Kazakhstan
dated December 31, 2019 No. 275
Form intended for the collection of administrative data
Submitted to: National Bank of the Republic of Kazakhstan
The administrative data form is available on the website: www.nationalbank.kz
Loss Report
Administrative data form index: 28 - I(R)O_Q
Frequency: quarterly
Reporting period: as of "___" ______20__year
Persons submitting information: 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. Losses
(in tenge)
| No. | Insurance Class | Insurance Type | Policyholder | Business Identification Number (for legal entities) and (or) Individual Identification Number (for individuals) of the policyholder | Reinsurer | Beneficiary | Business Identification Number (for legal entities) and (or) Individual Identification Number (for individuals) of the beneficiary |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
continuation of the table:
| Contract Number (Insurance Policy) | 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 | Date of occurrence of the insured event and (or) insurance case | Date of notification to the insurer of the occurrence of the insured event and (or) insurance case |
| 9 | 10 | 11 | 12 | 13 | 14 | 15 |
continuation of the table:
| Type of notification to the insurer of the occurrence of the insured event and (or) insurance case (primary and (or) repeated) | Amount of claimed loss | State Premium | Brief description of the insured event and (or) insurance case | Amount of insurer's expenses for loss settlement | Amount of policyholder's (reinsurer's) debt for payment of insurance premium (insurance contributions) to the insurance (reinsurance) organization as of the calculation date | Average value of settled payments made for a similar group of insurance cases |
| 16 | 17 | 18 | 19 | 20 | 21 | 22 |
continuation of the table:
| Date of decision by the insurer to refuse insurance payment | Date of receipt of court summons (notice) and (or) statement of claim | Reserve for reported but unsettled losses | Date of court decision or date of entry of court decision into legal force | Plaintiff's claims satisfied by court decision (yes, no) |
| 23 | 24 | 25 | 26 | 27 |
continuation of the table:
| Name of reinsurer | Reinsurance contract number | Type of reinsurance (facultative and (or) obligatory), form of reinsurance (proportional and (or) non-proportional) | Reinsurer's share in the reserve for reported but unsettled losses, in tenge |
| 28 | 29 | 30 | 31 |
Name ______
Address______
Phone ______
Email Address ______
Executor______ ______
surname, name and patronymic (if any) signature, phone
Head of the organization or person authorized to sign the report
surname, name and patronymic (if any) signature
Date "____" ______ 20__ year
Appendix
to the Loss Report Form
Explanation for filling out the administrative data form
Loss Report
(index – 28 - I(R)O_Q, frequency – quarterly)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form "Loss Report" (hereinafter – the Form).
-
The Form is developed in accordance with subparagraph 65-2) of part two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity" (hereinafter – the Law) and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
The Form is compiled quarterly by an insurance (reinsurance) organization, an 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 of the organization or the person authorized to sign the report, and the executor.
Chapter 2. Explanation for filling out the Form
-
If an insurance contract is reinsured with 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, 7, 8, 9 and 10 must be reflected in each row.
-
The name of the insurance class 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.
-
Information on losses settled by refusal to make insurance payments is indicated for the last 12 (twelve) months preceding the reporting date.
-
For losses claimed in connection with the extension (re-certification) of the degree of loss of working capacity, deterioration of the beneficiary's health under annuity contracts concluded in accordance with Articles 19 and 23 of the Law of the Republic of Kazakhstan "On Mandatory Insurance of Workers for Occupational Injuries", the date in column 14 is indicated according to the date of the accident indicated in the accident report, in case of death or establishment of the degree of loss of professional working capacity of a worker as a result of a work-related injury, or according to the date of the conclusion of a healthcare organization providing specialized medical and expert assistance in the field of occupational pathology, in case of establishment of the degree of loss of professional working capacity of a worker as a result of an occupational disease.
-
Information in column 16 is filled in for the class of mandatory insurance of workers for occupational injuries.
-
In column 18, the amount of the state premium under a life insurance contract within the state educational savings system as of the reporting date is indicated.
-
In column 19, the name of the covered risk is indicated in accordance with the insurance (reinsurance) contract.
-
In column 22, the average value of settled payments made for a similar group of insurance cases provided for in parts two and three of paragraph 22 of the Requirements for the formation, methodology for calculating 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, registered in the Registry of State Registration of Normative Legal Acts under No. 18290, is indicated.
-
In column 24, information about the date of receipt of a court summons (notice) and (or) statement of claim is indicated, depending on which document arrives at the insurance (reinsurance) organization first.
-
In column 26, information about the dates of the court decision and its entry into legal force or its cancellation is indicated in chronological order with the corresponding information indicated next to each date.
-
In the absence of information, the Form is submitted without filling it out.
Appendix 20
to the Resolution
Appendix 29
to the Resolution of the Board
of the National Bank
of the Republic of Kazakhstan
dated December 31, 2019 No. 275
Form intended for the collection of administrative data
Submitted to: National Bank of the Republic of Kazakhstan
The administrative data form is available on the website: www.nationalbank.kz
Insurance Payout Statistics Report
Administrative data form index: 29 - I(R)O_Q
Frequency: quarterly
Reporting period: as of "___" ______20__year
Persons submitting information: 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 Payout Statistics
(in tenge)
| No. | Insurance Class | Insurance Type | Policyholder | Business Identification Number (for legal entities) and (or) Individual Identification Number (for individuals) of the policyholder | Reinsurer |
| 1 | 2 | 3 | 4 | 5 | 6 |
continuation of the table:
| Beneficiary | Business Identification Number (for legal entities) and (or) Individual Identification Number (for individuals) of the beneficiary | Degree of loss of professional working capacity of the beneficiary | Contract Number (Insurance Policy) | Date of conclusion of the insurance contract | Date of commencement of the insurance contract |
| 7 | 8 | 9 | 10 | 11 | 12 |
continuation of the table:
| Date of expiration of the insurance contract | Date of commencement of insurance coverage | Date of expiration of insurance coverage | Date of occurrence of the insured event and (or) insurance case | Date of notification to the insurer of the occurrence of the insured event and (or) insurance case |
| 13 | 14 | 15 | 16 | 17 |
continuation of the table:
| Type of notification to the insurer of the occurrence of the insured event and (or) insurance case (primary and (or) repeated) | Amount of insurer's expenses for loss settlement | Amount of payment | Date of accrual of the insurance payment amount | Amount of reimbursement under a recourse claim | |
| Total | Including state premium | ||||
| 18 | 19 | 20 | 21 | 22 | 23 |
continuation of the table:
| Date of accrual of reimbursement under recourse claim | Amount of reimbursement transferred to the reinsurer under recourse | Date of accrual of reimbursement to the reinsurer under recourse | Name of reinsurer |
| 24 | 25 | 26 | 27 |
continuation of the table:
| Reinsurance contract number | Type of reinsurance (facultative and/or obligatory), form of reinsurance (proportional and/or non-proportional) | Reinsurer's share in the payment | Date of accrual of the reinsurer's share in the payment |
| 28 | 29 | 30 | 31 |
Name ______
Address______
Phone ______
Email Address ______
Executor______ ______
surname, name and patronymic (if any) signature, phone
Head of the organization or person authorized to sign the report
surname, name and patronymic (if any) signature
Date "____" ______ 20__ year
Appendix
to the Insurance Payout Statistics Report Form
Explanation for filling out the administrative data form
Insurance Payout Statistics Report
(index – 29 - I(R)O_Q, frequency – quarterly)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form "Insurance Payout Statistics Report" (hereinafter – the Form).
-
The Form is developed in accordance with subparagraph 65-2) of part two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity" (hereinafter – the Law) and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
The Form is compiled quarterly by an insurance (reinsurance) organization, an 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 of the organization or the person authorized to sign the report, and the executor.
Chapter 2. Explanation for filling out the Form
-
Information in the Form is indicated for insurance payments made under insurance (reinsurance) contracts concluded in accordance with Article 23 of the Law of the Republic of Kazakhstan "On Mandatory Insurance of Workers for Occupational Injuries" (hereinafter – the Law on Mandatory Insurance) starting from January 1, 2008, and for other insurance (reinsurance) contracts for at least 3 (three) years preceding the reporting date.
-
Information on each insurance payment is indicated in a separate row.
-
The name of the insurance class 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.
-
If an insurance contract is reinsured with 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, 7, 8, 9, 10 and 11 must be reflected in each row.
-
For payments made in connection with the extension (re-certification) of the degree of loss of working capacity, deterioration of the beneficiary's health under annuity contracts concluded in accordance with Articles 19 and 23 of the Law on Mandatory Insurance, information in column 16 is indicated according to the date of the accident indicated in the accident report, in case of death or establishment of the degree of loss of professional working capacity of a worker as a result of a work-related injury, or according to the date of the conclusion of a healthcare organization providing specialized medical and expert assistance in the field of occupational pathology, in case of establishment of the degree of loss of professional working capacity of a worker as a result of an occupational disease.
-
Information in columns 9 and 18 is filled in for the class of mandatory insurance of workers for occupational injuries.
-
In the absence of information, the Form is submitted without filling it out.
Appendix 21
to the Resolution
Appendix 30
to the Resolution of the Board
of the National Bank
of the Republic of Kazakhstan
dated December 31, 2019 No. 275
Form intended for the collection of administrative data
Submitted to: National Bank of the Republic of Kazakhstan
The administrative data form is available on the website: www.nationalbank.kz
Report on Active Insurance (Reinsurance) Contracts in the "Life Insurance" Industry
Administrative data form index: 30 - I(R)O_Q
Frequency: quarterly
Reporting period: as of "___" ______20__year
Persons submitting information: 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 Insurance (Reinsurance) Contracts in the "Life Insurance" Industry
(in tenge)
| No. | Insurance Class | Insurance Type | Policyholder | Business Identification Number (for legal entities) and (or) Individual Identification Number (for individuals) of the policyholder | Reinsurer | Number of Insured |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
continuation of the table:
| Contract Number (Insurance Policy) | Date of Birth of the Insured | Gender of the Insured | Date of Conclusion of the Insurance Contract and (or) Additional Agreement | Date of Commencement of the Insurance Contract and (or) Additional Agreement | Date of Expiration of the Insurance Contract and (or) Additional Agreement |
| 8 | 9 | 10 | 11 | 12 | 13 |
continuation of the table:
| Date of Commencement of Insurance Coverage under the Insurance Contract | Date of Expiration of Insurance Coverage under the Insurance Contract | Presence of Additional Agreement to the Insurance Contract (yes, no) | Amount of Insurance Sum | Amount of Insurance Premium under the Insurance Contract | Frequency of Insurance Premium | Date of Commencement of Payment of Insurance Contributions |
| 14 | 15 | 16 | 17 | 18 | 20 | 21 |
continuation of the table:
| Date of Expiration of Payment of Insurance Contributions | Amount of Insurance Payment | Frequency of Insurance Payments | Date of Commencement of Insurance Payments | Date of Expiration of Insurance Payments | Yield Rate of the Reserve Basis, in percent | Amount of Expenses from Insurance Premium, in percent | Amount of Expenses from Insurance Payment, in percent |
| 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 |
continuation of the table:
| Name of Intermediary (surname, name and patronymic (if any) | Amount of Commission Remuneration | State Premium | Reserve for Unexpired Risks | Reinsurance Contract Number (Reinsurance Policy) | Insurance Sum of Reinsurer - Resident of the Republic of Kazakhstan | Insurance Sum of Reinsurer - Non-Resident of the Republic of Kazakhstan |
| 30 | 31 | 32 | 33 | 34 | 35 | 36 |
continuation of the table:
| Reinsurance Premium to Resident of the Republic of Kazakhstan under the Contract | Reinsurance Premium to Non-Resident of the Republic of Kazakhstan under the Contract | Date of Conclusion of the Reinsurance Contract | Date of Commencement of the Reinsurance Contract | Date of Expiration of the Reinsurance Contract |
| 37 | 38 | 39 | 40 | 41 |
continuation of the table:
| Date of Commencement of Insurance Coverage under the Reinsurance Contract | Date of Expiration of Insurance Coverage under the Reinsurance Contract | Type of Reinsurance (facultative and (or) obligatory), form of Reinsurance (proportional and (or) non-proportional) | Name of Reinsurer | Rating of the Reinsurer |
| 42 | 43 | 44 | 45 | 46 |
continuation of the table:
| Rating Agency | Amount of Commission from Reinsurer | Commission Remuneration of Insurance Broker under Reinsurance Contract | Reserve for Unexpired Risks of Reinsurer | ||
| in percent | amount | name of broker | |||
| 47 | 48 | 49 | 50 | 51 | 52 |
Name ______
Address______
Phone ______
Email Address ______
Executor______ ______
surname, name and patronymic (if any) signature, phone
Head of the organization or person authorized to sign the report
surname, name and patronymic (if any) signature
Date "____" ______ 20__ year
Appendix
to the Report on Active Insurance (Reinsurance) Contracts
in the "Life Insurance" Industry
Explanation for filling out the administrative data form
Report on Active Insurance (Reinsurance) Contracts in the "Life Insurance" Industry
(index – 30 - I(R)O_Q, frequency – quarterly)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form "Report on Active Insurance (Reinsurance) Contracts in the 'Life Insurance' Industry" (hereinafter – the Form).
-
The Form is developed in accordance with subparagraph 65-2) of part two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity" (hereinafter – the Law) and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
The Form is compiled quarterly by an insurance (reinsurance) organization, an Islamic insurance (reinsurance) organization, as of the end of the reporting period. Data in the Form are filled in in tenge.
-
The Form is signed by the head or the person entrusted with the function of signing the report, and the executor.
Chapter 2. Explanation on filling out the Form
-
The Form indicates active insurance (reinsurance) contracts and all additional agreements concluded to them; in the presence of several additional agreements, information on each additional agreement is provided in a separate line.
-
If the number of insured persons under a life insurance contract exceeds one, values are indicated for each insured person separately.
-
The name of the insurance class in column 2 is indicated in full in accordance with the name provided by Article 6 of the Law and legislative acts of the Republic of Kazakhstan regulating mandatory types of insurance.
-
If an insurance (reinsurance) contract is reinsured in several reinsurance organizations, information on each reinsurance contract is indicated in a separate line; at the same time, information on the insurance contract indicated in columns 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14 and 15 must be reflected in each line.
-
Column 32 indicates the amount of the state premium under a life insurance contract within the state educational savings system as of the reporting date.
-
In the absence of information, the Form is submitted without filling it out.
Appendix 22
to the resolution
Appendix 39
to the resolution of the Board of the National Bank of the Republic of Kazakhstan dated December 31, 2019 No. 275
Form intended for the collection of administrative data
Submitted to: National Bank of the Republic of Kazakhstan
The administrative data form is located on the internet resource: www.nationalbank.kz
Report on insurance premiums and insurance payments accepted and made under insurance contracts by regions of the Republic of Kazakhstan
Administrative data form index: 39 - I(R)O_Y
Frequency: annually
Reporting period: as of "___" ____20 year
Circle of persons submitting information: insurance (reinsurance) organization, Islamic insurance (reinsurance) organization
Deadline for submitting the administrative data form: annually, no later than the 6 (sixth) working day of the month following the reporting year
Form
Table. Insurance premiums and insurance payments accepted and made under insurance contracts by regions of the Republic of Kazakhstan
(in thousands of tenge)
| No. | Name of insurance classes | Region of the Republic of Kazakhstan | Total | ||
| insurance premiums accepted under insurance contracts | expenses for making insurance payments under insurance contracts | insurance premiums accepted under insurance contracts | expenses for making insurance payments under insurance contracts | ||
| 1 | 2 | 3 | 4 | 5 | 6 |
| 1 | Mandatory insurance: | ||||
| 1.1 | civil liability of vehicle owners | ||||
| 1.2 | civil liability of the carrier to passengers | ||||
| 1.3 | insurance of civil liability of private notaries | ||||
| 1.4 | ecological insurance | ||||
| 1.5 | civil liability of audit organizations | ||||
| 1.6 | tourist insurance | ||||
| 1.7 | civil liability of owners of objects whose activities are associated with the danger of causing harm to third parties | ||||
| 1.8 | insurance of workers from accidents while performing their labor (official) duties | ||||
| 1.9 | other types (classes) of insurance | ||||
| 2 | Voluntary personal insurance: | ||||
| 2.1 | life insurance, excluding the class indicated in line 2.3 of this table | ||||
| 2.2 | annuity insurance, excluding the class indicated in line 2.4 of this table | ||||
| 2.3 | life insurance within the state educational savings system | ||||
| 2.4 | pension annuity insurance | ||||
| 2.3 | insurance against accidents | ||||
| 2.4 | insurance in case of illness, including: | ||||
| 2.4.1 | traveling abroad | ||||
| 2.5 | other types (classes) of insurance | ||||
| 3 | Voluntary property insurance: | ||||
| 3.1 | insurance of motor transport | ||||
| 3.2 | insurance of railway transport | ||||
| 3.3 | insurance of air transport | ||||
| 3.4 | insurance of water transport | ||||
| 3.5 | insurance of space objects | ||||
| 3.6 | cargo insurance | ||||
| 3.7 | insurance of property against damage, excluding the classes indicated in lines 3.1, 3.2, 3.3, 3.4, 3.5 and 3.6 of this table | ||||
| 3.8 | insurance of civil liability of motor vehicle owners | ||||
| 3.9 | insurance of civil liability of air transport owners | ||||
| 3.10 | insurance of civil liability of water transport owners | ||||
| 3.11 | insurance of civil liability of space object owners | ||||
| 3.12 | professional liability insurance | ||||
| 3.13 | insurance of civil liability, excluding the classes indicated in lines 3.8, 3.9, 3.10, 3.11 and 3.12 of this table | ||||
| 3.14 | insurance of legal entity loans | ||||
| 3.15 | mortgage insurance | ||||
| 3.16 | insurance of guarantees and sureties | ||||
| 3.17 | insurance against other financial losses | ||||
| 3.18 | insurance of losses of financial organizations, excluding the classes indicated in lines 3.14, 3.15, 3.16 and 3.17 of this table | ||||
| 3.19 | title insurance | ||||
| 3.20 | insurance of court costs | ||||
| 3.21 | other types (classes) of insurance | ||||
| 4 | Total |
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
Date "____" ______ 20__ year
Appendix
to the report form on insurance premiums and insurance payments, accepted and made under insurance contracts by regions of the Republic of Kazakhstan
Explanation on filling out the administrative data form
Report on insurance premiums and insurance payments accepted and made under insurance contracts by regions of the Republic of Kazakhstan
(index – 39 - I(R)O_Y, frequency – annual)
Chapter 1. General Provisions
-
This explanation defines the unified requirements for filling out the administrative data form "Report on insurance premiums and insurance payments accepted and made under insurance contracts by regions of the Republic of Kazakhstan" (hereinafter – the Form).
-
The Form is developed in accordance with subparagraph 65-2) of part two of Article 15 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan", paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity" and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics".
-
The Form is compiled annually by an insurance (reinsurance) organization, an Islamic insurance (reinsurance) organization, as of the end of the reporting period. Data in the Form are filled in 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 the person entrusted with the function of signing the report, and the executor.
Chapter 2. Explanation on filling out the Form
-
The Form indicates the amount of insurance premiums accepted under insurance contracts, minus expenses related to the termination of insurance contracts, as well as the amount of insurance payments minus insurance payments made under contracts accepted for reinsurance, by each region of the Republic of Kazakhstan, in accordance with columns 3 and 4 (an oblast or a city of republican significance is indicated).
-
Columns 5 and 6 indicate the total amounts of insurance premiums accepted under insurance contracts and expenses for making insurance payments under insurance contracts, respectively, for all regions of the Republic of Kazakhstan.
-
The total amount of insurance premiums in column 5 corresponds to the sum of insurance premiums accepted under insurance contracts indicated in column 4 of the Table "Insurance premiums and state premium" of Appendix 16 of this resolution, minus expenses related to the termination of insurance contracts indicated in column 20 of the Table "Insurance premiums and state premium" of Appendix 16 of this resolution.
-
Classification of insurance premiums and payments by territorial criterion in the Form is carried out based on the location of the insured object (risk). The insured object is understood as property or a person directly associated with the insured event indicated in the insurance contract. The presence or absence of registration documents for the insured object is also taken into account.
-
For territorial classification of insurance premiums and payments, the following is taken into account:
1) for personal insurance:
in part of insurance premiums - place of permanent residence (registration), legal address of the policyholder; in part of insurance payments - place of permanent residence (registration), legal address of the insured;
2) for property types of insurance - place of registration of property or place of registration of the policyholder;
3) for classes of insurance of civil liability - place of registration of property or place of registration of the policyholder;
4) for the territorial classification of insurance premiums and payments under professional liability insurance, insurance types are understood to be those associated with the insurance of civil liability of a person in connection with causing harm to other persons in the process or as a result of activities carried out by them based on a special permit and requiring special knowledge, experience and qualification, including, if any, and among the employees of this person.
In the case of insuring property that is not subject to registration, the insurance premium and payment are indicated according to the place of registration of the policyholder.
-
In the case of insuring property located in different regions of the Republic of Kazakhstan, insurance premiums in the Form are indicated according to the place of registration of the property (in case the property is subject to registration) or the policyholder (in case the property is not subject to registration).
-
In the event that vehicles are registered in other states and temporarily imported into the territory of the Republic of Kazakhstan, the amount of premiums and (or) payments is indicated at the place of temporary registration of the vehicle in the Republic of Kazakhstan.
-
Line 1.8 indicates contracts of mandatory insurance of workers from accidents and contracts of annuity insurance concluded in accordance with the Law of the Republic of Kazakhstan "On Mandatory Insurance of Workers from Accidents while Performing their Labor (Official) Duties".
-
Line 2.2 indicates contracts of annuity insurance, excluding contracts of annuity insurance concluded in accordance with the Law of the Republic of Kazakhstan "On Mandatory Insurance of Workers from Accidents while Performing their Labor (Official) Duties" and the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan".
-
Line 2.4 indicates contracts of pension annuity concluded in accordance with the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan".
-
In the absence of information, the Form is submitted without filling it out.
Appendix 23
to the resolution
Appendix 44
to the [resolution](jl:35979070.0.1007381262_42" \o "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 an Insurance (Reinsurance) Organization and an Insurance Broker and Rules for its Submission\» (as amended as of 28.02.2022)) of the Board of the National Bank of the Republic of Kazakhstan dated December 31, 2019 No. 275
Rules for submitting reporting by an insurance (reinsurance) organization and an insurance broker
-
These Rules for submitting reporting by an insurance (reinsurance) organization and an insurance broker are developed in accordance with paragraph 2 of Article 74 of the Law of the Republic of Kazakhstan "On Insurance Activity" and define the procedure for submitting reporting by an insurance (reinsurance) organization, an Islamic insurance (reinsurance) organization and an insurance broker (hereinafter – organizations) to the National Bank of the Republic of Kazakhstan (hereinafter – the National Bank).
-
Data in the reporting submitted by organizations are indicated in the national currency of the Republic of Kazakhstan – tenge.
-
For the purpose of forming reporting, assets in foreign currency are indicated in conversion at the market exchange rate determined by the resolution of the Board of the National Bank of the Republic of Kazakhstan dated January 25, 2013 No. 15 and the order of the Minister of Finance of the Republic of Kazakhstan dated February 22, 2013 No. 99 "On the Procedure for Determining the Market Exchange Rate", registered in the Registry of State Registration of Regulatory Legal Acts under No. 8378.
-
Reporting is submitted by organizations in electronic form via the information system "Web Portal of the National Bank of the Republic of Kazakhstan" (hereinafter – the web portal).
-
Reporting certified by the electronic digital signature of the head of the organization or the person entrusted with the function of signing the report, and the executor, is stored in electronic format.
-
The completeness and accuracy of data in reporting is ensured by the head of the organization or the person entrusted with the function of signing the report.
-
Organizations quarterly by the 6 (sixth) working day (inclusive) of the month following the reporting quarter submit to the National Bank via the web portal an explanatory note to the reporting indicating the following information:
1) about changes that occurred during the reporting period (disclosed for each article with a description of aggregate amounts in accordance with the organizations' accounting policies);
2) about the organizations' participation in an insurance pool, including: names of insurance pool participants, date of conclusion of the joint activity agreement, information on concluded co-insurance contracts (number of contracts, volume and share of liability, amount of insurance premiums and insurance payments under co-insurance contracts);
3) about the management of organizations, indicating the dates of meetings (assemblies) held by the management bodies of the organizations during the reporting period, the agenda and decisions made;
4) about income from investment and other activities and other expenses;
5) about the organizations' participation in legal entities created in the form of a joint-stock company (number of shares purchased, purchase price of shares on the date of purchase, book value, share of participation in the authorized capital);
6) about loans received by organizations from second-tier banks and organizations carrying out certain types of banking operations.
- Organizations, except for the insurance broker, by the 10 (tenth) working day (inclusive) of the month following the reporting quarter, submit to the National Bank via the web portal an electronic form of justification for the calculation of insurance reserves, compiled by an actuary, in accordance with the Requirements for the formation, methodology for calculating 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, registered in the Registry of State Registration of Regulatory Legal Acts under No. 18290.
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- Obligation 163
- Permission 1
- Definition / condition 366
- Reporting template 2,221
- background, boilerplate
Lineage: Superseded
A newer document in RegAlert replaces this one.
The links and the sentences they come from (4)
- Superseded by
“Resolution of the Board of the National Bank of the Republic of Kazakhstan dated January 23, 2023 No. 3”
- Amended by
“Resolution of the Board of the National Bank of the Republic of Kazakhstan dated January 23, 2023 No. 3”
- Amends
- Resolution of the Board of the National Bank of the Republic of Kazakhstan dated December 31, 2019 No. 275Not in RegAlert
“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”
- Resolution of the Board of the National Bank of the Republic of Kazakhstan dated November 28, 2019 No. 223Not in RegAlert
“Make the following changes to the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated November 28, 2019 No. 223”
Timeline
Amended 2 times · last 2025-12-02
- 2025-12-02
NBKResolution of the Board of the National Bank of the Republic of Kazakhstan dated December 2, 2025 No. 86 on Approval of the Rules for Submission of Reporting by Insurance (Reinsurance) Organizations, Islamic Insurance (Reinsurance) Organizations, Insurance Brokers, and Branches of Non-Resident Insurance (Reinsurance) Organizations and Insurance Brokerssupersedes
- 2025-12-02
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