Resolution of the Board of the National Bank of the Republic of Kazakhstan No. 85 of December 2, 2025 "On Approval of the Rules for Reporting on Compliance with Prudential Norms of Insurance (Reinsurance) Organizations, Insurance Groups, Islamic Insurance (Reinsurance) Organizations, Branches of Non-Resident Insurance (Reinsurance) Organizations of the Republic of Kazakhstan and Branches of Islamic Insurance (Reinsurance) Organizations of the Republic of Kazakhstan"

"NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN"
PUBLIC STATE INSTITUTION		PUBLIC STATE INSTITUTION "NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN"

On Approval of the Rules for Reporting on Compliance with Prudential Norms of Insurance (Reinsurance) Organizations, Insurance Groups, Islamic Insurance (Reinsurance) Organizations, Branches of Non-Resident Insurance (Reinsurance) Organizations of the Republic of Kazakhstan and Branches of Islamic Insurance (Reinsurance) Organizations of the Republic of Kazakhstan

(With amendments and additions:

1. Resolution of the Board of the NB RK No. 93 dated 31.07.2026)

In accordance with subparagraph 48) of the second paragraph of part two of paragraph 19 of the Regulation on the National Bank of the Republic of Kazakhstan, approved by the Decree of the President of the Republic of Kazakhstan dated December 31, 2003 No. 1271 "On Approval of the Regulation and Structure of the National Bank of the Republic of Kazakhstan", and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics", the Board of the National Bank of the Republic of Kazakhstan RESOLVES:

1. Approve the attached Rules for Reporting on Compliance with Prudential Norms of Insurance (Reinsurance) Organizations, Insurance Groups, Islamic Insurance (Reinsurance) Organizations, Branches of Non-Resident Insurance (Reinsurance) Organizations of the Republic of Kazakhstan and Branches of Islamic Insurance (Reinsurance) Organizations of the Republic of Kazakhstan.

2. Recognize as invalid certain resolutions of the Board of the National Bank of the Republic of Kazakhstan, as well as structural elements of certain resolutions of the Board of the National Bank of the Republic of Kazakhstan, according to the list attached to this resolution.

3. The Department of Financial Market Statistics of the National Bank of the Republic of Kazakhstan shall ensure, in the manner established by the legislation of the Republic of Kazakhstan:

1) jointly with the Legal Department of the National Bank of the Republic of Kazakhstan, the state registration of this resolution in the Ministry of Justice of the Republic of Kazakhstan;

2) publication 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 the National Bank of the Republic of Kazakhstan of information on the implementation of the measure provided for in subparagraph 2) of this paragraph.

4. Control over the implementation of this resolution[1] shall be entrusted to the Deputy Chairman of the National Bank of the Republic of Kazakhstan in charge.

5. This resolution shall enter into force after the expiration of ten calendar days from the day of its first official publication.

Chairman	T.M. Suleimenov

AGREED

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

AGREED

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

Approved by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated December 2, 2025 No. 85

Rules for Reporting on Compliance with Prudential Norms of Insurance (Reinsurance) Organizations, Insurance Groups, Islamic Insurance (Reinsurance) Organizations, Branches of Non-Resident Insurance (Reinsurance) Organizations of the Republic of Kazakhstan and Branches of Islamic Insurance (Reinsurance) Organizations of the Republic of Kazakhstan

Chapter 1. General Provisions

1. The Rules for Reporting on Compliance with Prudential Norms of Insurance (Reinsurance) Organizations, Insurance Groups, Islamic Insurance (Reinsurance) Organizations, Branches of Non-Resident Insurance (Reinsurance) Organizations of the Republic of Kazakhstan and Branches of Islamic Insurance (Reinsurance) Organizations of the Republic of Kazakhstan (hereinafter referred to as the Rules) are developed in accordance with subparagraph 48) of the second paragraph of part two of paragraph 19 of the Regulation on the National Bank of the Republic of Kazakhstan, approved by the Decree of the President of the Republic of Kazakhstan dated December 31, 2003 No. 1271 "On Approval of the Regulation and Structure of the National Bank of the Republic of Kazakhstan", and subparagraph 2) of paragraph 3 of Article 16 of the Law of the Republic of Kazakhstan "On State Statistics", and determine the procedure for submission, including forms intended for the collection of administrative data, periodicity and deadlines for reporting on compliance with prudential norms of insurance (reinsurance) organizations, insurance groups, Islamic insurance (reinsurance) organizations, branches of non-resident insurance (reinsurance) organizations of the Republic of Kazakhstan and branches of Islamic insurance (reinsurance) organizations of the Republic of Kazakhstan (hereinafter referred to as organizations) to the National Bank of the Republic of Kazakhstan (hereinafter referred to as the National Bank).

Chapter 2. Procedure for Reporting

2. Reporting on compliance with prudential norms shall be submitted by organizations in electronic form via the digital system "Web Portal of the National Bank of the Republic of Kazakhstan", which serves as a single window for accessing services for submitting reports to the National Bank.

3. Reporting on compliance with prudential norms, 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, shall be stored in electronic format.

4. The completeness and accuracy of data in reporting on compliance with prudential norms shall be ensured by the head of the organization or the person entrusted with the function of signing the report.

5. The report on compliance with the solvency margin sufficiency norm of the insurance group shall be accompanied by information on normative values, methods for calculating prudential norms of participants of the insurance group who are non-residents of the Republic of Kazakhstan, established by normative legal acts of the authorized body of the corresponding state regulating their activities in the country of their location.

6. The unit of measurement used when preparing reporting on compliance with prudential norms of the 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 1000 (one thousand) tenge.

7. Norms for the sufficiency of highly liquid assets, solvency margin, and norms for asset diversification covering insurance reserves shall be rounded to two decimal places. If the rounded value of norms for the sufficiency of highly liquid assets and solvency margin is less than 1 (one) or the rounded value of norms for diversification is higher than the values established by paragraph 42 of the Normative Values and Methods for Calculating Prudential Norms 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 Methods for Calculating Prudential Norms of Insurance (Reinsurance) Organizations and Insurance Groups and Other Mandatory Norms and Limits, Requirements for Shares (Participation Interests 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 for Shares and Participation Interests 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 Methods for Calculating Prudential Norms of Islamic Insurance (Reinsurance) Organizations 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 Methods for Calculating Prudential Norms of Islamic Insurance (Reinsurance) Organizations and Other Mandatory Norms and Limits, Requirements for Shares (Participation Interests 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 for Shares and Participation Interests 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 shall be considered violated.

8. Organizations shall daily monitor rating assessments for each security, issuer, reinsurance organization, Islamic reinsurance organization, 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 the stock exchange functioning on the territory of the International Financial Center "Astana" (hereinafter referred to as stock exchanges). When making calculations and submitting reports, the rating assessment and category of securities of stock exchanges as of the end of the reporting period shall be used.

9. Methods for calculating prudential norms of the branch of a non-resident insurance (reinsurance) organization of the Republic of Kazakhstan, the branch of a non-resident Islamic insurance (reinsurance) organization of the Republic of Kazakhstan, and other mandatory norms and limits are determined in accordance with the Resolution of the Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market dated February 17, 2021 No. 32 "On Establishing Normative Values and Methods for Calculating Prudential Norms of the Branch of a Non-Resident Insurance (Reinsurance) Organization of the Republic of Kazakhstan, the Branch of a Non-Resident Islamic Insurance (Reinsurance) Organization of the Republic of Kazakhstan, and Other Mandatory Norms and Limits, Including the Procedure for Forming Assets of the Branch of a Non-Resident Insurance (Reinsurance) Organization of the Republic of Kazakhstan, the Branch of a Non-Resident Islamic Insurance (Reinsurance) Organization of the Republic of Kazakhstan, Accepted as a Reserve, and Their Minimum Size" (registered in the Registry of State Registration of Normative Legal Acts under No. 22231).

10. Organizations shall submit to the National Bank:

1) a report on compliance with prudential norms of the insurance (reinsurance) organization and branches of non-resident insurance (reinsurance) organizations of the Republic of Kazakhstan according to the form attached as Appendix 1 to the Rules;

2) a report on the calculation of the unexpected risk reserve of the insurance (reinsurance) organization and branches of non-resident insurance (reinsurance) organizations of the Republic of Kazakhstan according to the form attached as Appendix 2 to the Rules;

3) a report on the calculation of the stabilization reserve of the insurance (reinsurance) organization and branches of non-resident insurance (reinsurance) organizations of the Republic of Kazakhstan according to the form attached as Appendix 3 to the Rules;

4) a report on compliance with the solvency margin sufficiency norm of the insurance group according to the form attached as Appendix 4 to the Rules;

5) a report on compliance with prudential norms of the Islamic insurance (reinsurance) organization and branches of non-resident Islamic insurance (reinsurance) organizations of the Republic of Kazakhstan according to the form attached as Appendix 5 to the Rules;

6) a report on the calculation of the unexpected risk reserve of the Islamic insurance (reinsurance) organization and branches of non-resident Islamic insurance (reinsurance) organizations of the Republic of Kazakhstan according to the form attached as Appendix 6 to the Rules;

7) a report on the calculation of the stabilization reserve of the Islamic insurance (reinsurance) organization and branches of non-resident Islamic insurance (reinsurance) organizations of the Republic of Kazakhstan according to the form attached as Appendix 7 to the Rules.

11. The report on compliance with the solvency margin sufficiency norm of the insurance group includes the form attached as Appendix 4 to the Rules, as well as calculations of the minimum size of the solvency margin (own capital) for participants of the insurance group in accordance with the Table of Bank Assets Weighted by Credit Risk of Investments, attached as Appendix 4 to the Rules, and the Table of Contingent and Possible Bank Obligations Weighted by Credit Risk, attached as Appendix 6 to the Normative Values and Methods for Calculating Prudential Norms and Other Mandatory Norms and Limits, Bank Capital Size on a Certain Date, Established by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated September 13, 2017 No. 170 "On Establishing Normative Values and Methods for Calculating Prudential Norms and Other Mandatory Norms and Limits, Bank Capital Size, and Rules for Calculating and Limits of Open Currency Position" (registered in the Registry of State Registration of Normative Legal Acts under No. 15886).

12. Insurance (reinsurance) organizations and branches of non-resident insurance (reinsurance) organizations of the Republic of Kazakhstan shall submit to the National Bank of the Republic of Kazakhstan in electronic format:

1) monthly, no later than the 6th (sixth) working day of the month following the reporting month, reporting according to the form attached as Appendix 1 to the Rules;

2) quarterly, no later than the 6th (sixth) working day of the month following the reporting quarter, reporting according to the form attached as Appendix 2 to the Rules;

3) annually, by February 10 (tenth) of the year following the reporting year, reporting according to the form attached as Appendix 3 to the Rules.

13. The parent organization of the insurance group shall submit to the National Bank of the Republic of Kazakhstan in electronic format reporting according to the form attached as Appendix 4 to the Rules:

quarterly, no later than the 1st (first) day of the second month following the reporting quarter;

for the fourth quarter of the past year, no later than April 1 (first) of the year following the reporting quarter.

14. Islamic insurance (reinsurance) organizations and branches of non-resident Islamic insurance (reinsurance) organizations of the Republic of Kazakhstan shall submit to the National Bank of the Republic of Kazakhstan in electronic format:

1) monthly, no later than the 6th (sixth) working day of the month following the reporting month, reporting according to the form attached as Appendix 5 to the Rules;

2) quarterly, no later than the 6th (sixth) working day of the month following the reporting quarter, reporting according to the form attached as Appendix 6 to the Rules;

3) annually, by February 10 (tenth) of the year following the reporting year, reporting according to the form attached as Appendix 7 to the Rules.

Appendix 1

to the Rules for reporting

on compliance with

prudential norms

of insurance (reinsurance) organizations,

insurance groups, Islamic insurance

(reinsurance) organizations,

branches of insurance (reinsurance)

organizations-non-residents of the Republic of Kazakhstan

and branches of Islamic insurance

(reinsurance) organizations-non-residents

of the Republic of Kazakhstan

Form,

intended for the collection

of administrative data

Submitted to: National Bank of the Republic of Kazakhstan

The form intended for the collection of administrative data on a gratuitous basis is posted on the Internet resource: www.nationalbank.kz

Name of the administrative form: Report on compliance with prudential norms of insurance (reinsurance) organizations and branches of non-resident insurance (reinsurance) organizations of the Republic of Kazakhstan

Index of the form intended for the collection of administrative data on a gratuitous basis: 1-PN_SO

Periodicity: Monthly

Reporting period: As of "____" ____________ 20 __ year

Circle of persons submitting the form intended for the collection of administrative data on a gratuitous basis: Insurance (reinsurance) organization, branches of non-resident insurance (reinsurance) organizations of the Republic of Kazakhstan

Deadline for submitting the form intended for the collection of administrative data on a gratuitous basis: Monthly, no later than the 6th (sixth) working day of the month following the reporting month

BIN: _______________________

Collection method: In electronic form

Table 1. Information on compliance with prudential norms of insurance (reinsurance) organizations and branches of non-resident insurance (reinsurance) organizations of the Republic of Kazakhstan

№	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 Including 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 having a long-term credit rating of not lower than "BB-" on the international scale of Standard & Poor's (Standard & Poor) or a rating of a similar level of one of the other rating agencies, or being a resident subsidiary bank of the Republic of Kazakhstan, the parent non-resident bank of which has a long-term credit rating in foreign currency of not lower than "A-" from Standard & Poor's (Standard & Poor) or a rating of a similar level of one of the other rating agencies, and affiliated persons of this bank, the Kazakhstan Development Bank and its affiliated persons (Asset Diversification Normative (hereinafter - AD) AD1-1), meeting the requirements of subparagraph 1) paragraph 42 of the Normatives: from January 1, 2023 - no more than 30 (thirty) percent of the total amount of insurance reserves calculated in accordance with Requirements for Formation, the 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) (hereinafter - Requirements for 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 Formation, Methodology for Calculating 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 having a long-term credit rating from "B" to "B+" on the international scale of Standard & Poor's (Standard & Poor) or a rating of a similar level of one of the other rating agencies, and affiliated persons of this bank (AD1-2), meeting the requirements of subparagraph 2) 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 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 Formation, Methodology for Calculating 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 having a long-term credit rating of "B-" on the international scale of Standard & Poor's (Standard & Poor) or a rating of a similar level of one of the other rating agencies, and affiliated persons of this bank (AD1-3), meeting the requirements of subparagraph 3) 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 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 Formation, Methodology for Calculating 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, except for the Kazakhstan Development Bank, and affiliated persons of this legal entity (AD2): from January 1, 2023 - no more than 20 (twenty) percent of the total amount of insurance reserves calculated in accordance with Requirements for Formation, the 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 Formation, Methodology for Calculating Insurance Reserves and Their Structure.
6	Total book value of investments in securities (including "reverse repo" transactions) and money in one legal entity included in the list of national companies approved by the Resolution of the Government of the Republic of Kazakhstan dated April 6, 2011 No. 376 "On Approval of the List of National Managing Holdings, National Holdings, National Companies" and having a long-term credit rating of not lower than "BBB-" on the international scale of the rating agency Standard & Poor's (Standard & Poor), and affiliated persons of this legal entity (AD3) - no more than 20 (twenty) percent of the total amount of insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculating Insurance Reserves and Their Structure.
7	Total placement in refined precious metals and metal accounts (AD4) - no more than 10 (ten) percent of the total amount of insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculating Insurance Reserves and Their Structure.
8	Total size of loans to policyholders of the insurance (reinsurance) organization engaged in the "life insurance" industry (AD5) - no more than 10 (ten) percent of the total amount of insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculating Insurance Reserves and Their Structure.
9	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 state having a rating of not lower than "A-" on the international scale of the rating agency Standard & Poor's (Standard & Poor) or a rating of a similar level of one of the other rating agencies, (AD6) - no more than 10 (ten) percent of the total amount of insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculating Insurance Reserves and Their Structure
10	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 state having a rating below "A-" on the international scale of the rating agency Standard & Poor's (Standard & Poor) or a rating of a similar level of one of the other rating agencies, (AD6-1) - no more than 5 (five) percent of the total amount of insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculating Insurance Reserves and Their Structure
11	Total book value of investments in securities (including "reverse repo" transactions) of an international financial organization that is included in the list established by paragraph 39 of the Normatives (AD7) - no more than 20 (twenty) percent of the total amount of insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculating Insurance Reserves and Their Structure.
12	Total book value of investments in units meeting the requirements of subparagraphs 23) and 24) paragraph 38 of the Normatives, minus the reserve for impairment (AD8) - no more than 10 (ten) percent of the total amount of insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculating Insurance Reserves and Their Structure.
13	Total book value of investments in units of open and interval unit investment funds, minus the reserve for impairment (AD8-1) - no more than 10 (ten) percent of the total amount of insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculating Insurance Reserves and Their Structure.
14	Total book value of investments in debt securities issued by local executive bodies of the Republic of Kazakhstan, including the amounts of principal debt and accrued remuneration, minus the reserve for impairment (AD9) - no more than 10 (ten) percent of the total amount of insurance reserves calculated in accordance with the Requirements for Formation, Methodology for Calculating Insurance Reserves and Their Structure.
15	Total book value of investments in Islamic finance instruments meeting the requirements of subparagraphs 25) and 26) paragraph 38 of the Normatives, minus the reserve for impairment (AD10) - no more than 10 (ten) percent of the total amount of insurance reserves calculated in accordance with Requirements for Formation, the methodology for calculating insurance reserves and their structure.
16	Information on compliance with the high-liquidity assets adequacy normative ("yes" or "no")
17	Information on compliance with the size of the own retention of the insurance (reinsurance) organization under the contract(s) of insurance, reinsurance, co-insurance (joint reinsurance) ("yes" or "no")

Table 2. Amount of Increase in the Minimum Solvency Margin of the Insurance (Reinsurance) Organization and Branches of Non-Resident Insurance (Reinsurance) Organizations of the Republic of Kazakhstan

(in thousands of tenge)

Name of Reinsurance Organization	Rating Assessment of the Reinsurer on the International or National Scale (Solvency Margin Adequacy Normative)	Total Amount of Insurance Premiums Transferred (Transferred) for Reinsurance under Existing Reinsurance Contracts (in thousands of tenge)	Percentage of the Total Amount of Insurance Premiums Transferred (Transferred) for Reinsurance under Existing Reinsurance Contracts	Amount of Increase in the Minimum Solvency Margin (Column 3 x Column 4)
1	2	3	4	5
Reinsurance Contracts Concluded with Reinsurers-Non-Residents of the Republic of Kazakhstan, Excluding Reinsurers from 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 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%
Reinsurance Contracts Concluded with Reinsurers-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%
Reinsurance Contracts Concluded within the Framework of Participation in an Insurance (Reinsurance) Pool Formed by at Least Three Insurance Organizations-Non-Residents of the Republic of Kazakhstan Registered in Different States (Countries)
Group 19	from "BBB+" to "BBB-"		0%
Group 20	from "BB+" to "BB-"		0.2%
Group 21	from "B+" to "B-"		0.5%
Group 22	below "B-" or absent		22%
Reinsurance Contracts Concluded with Reinsurers-Participants of the International Financial Center "Astana"
Group 23	not lower than "B" or "kzBB"		0%
Group 24	"B-", "kzBB-", "kzB+"		0.2%
Group 25	below "B-", "kzBB-", "kzB+" or absent		5%
Total:	xxx		xxx

Table 3. Calculation of the Minimum Solvency Margin for the Insurance (Reinsurance) Organization, Branches of Non-Resident Insurance (Reinsurance) Organizations of the Republic of Kazakhstan Engaged in Insurance Activities in the "General Insurance" Industry, and Reinsurance Organizations Engaging in Reinsurance as an Exclusive Type of Activity

(in thousands of tenge)

Indicator Name		Line Code	Amount
1		2	3
Calculation of the minimum solvency margin using the "premium method"
Total insurance premiums accepted under insurance and reinsurance contracts for the previous financial year (according to sub-items 1) and 2) of paragraph 12 of the Standards)		1110
Total amount of expenses for payment of commission remuneration for insurance activities for the previous financial year		1120
Corporate income tax amount 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 sub-items 1) and 2) of paragraph 12 of the Standards)		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
Subtotal 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 less the reinsurer's share in insurance payouts, accrued over the previous 3 (three) financial years ("1311" + "1312" + "1313")		1310
Total insurance payouts less the reinsurer's share in insurance payouts, accrued as of the end of the previous financial year		1311
Total insurance payouts less the reinsurer's share 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 less the reinsurer's share 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 over 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 solvency margin ("premium method") ("1020" x "1300")		1000
Minimum solvency margin ("premium method") in accordance with paragraph 16-1 of the Standards		1000*
Calculation of the minimum solvency margin using the "payout method"
Total insurance payouts	accrued over the previous 3 (three) financial years (taking into account the requirements of sub-item 2) paragraph 13 of the Standards) ("2111" + "2112" + "2113")	2110
accrued as of the end of the previous financial year	2111
accrued as of the end of the year, for 1 (one) year preceding the previous financial year	2112
accrued as of the end of the year, for 2 (two) years preceding the previous financial year	2113
accrued over the previous 7 (seven) financial years for insurance (reinsurance) organizations carrying out insurance of risks specified in sub-items 13) and 14) of paragraph 3 of Article 6 of the Law of the Republic of Kazakhstan "On Insurance Activity" (hereinafter - the Law) ("2121" +... + "2127"):	2120
accrued as of the end of the previous financial year	2121
accrued as of the end of the year, for 1 (one) year preceding the previous financial year	2122
accrued as of the end of the year, for 2 (two) years preceding the previous financial year	2123
accrued as of the end of the year, for 3 (three) years preceding the previous financial year	2124
accrued as of the end of the year, for 4 (four) years preceding the previous financial year	2125
accrued as of the end of the year, for 5 (five) years preceding the previous financial year	2126
accrued as of the end of the year, for 6 (six) years preceding the previous financial year	2127
Amount of the reserve for reported but unsettled losses as of the end of the previous financial year		2210
Amount of the reserve for reported but unsettled losses as of the end of the financial year, for 2 (two) years preceding the previous financial year		2310
Amount of the reserve for reported but unsettled losses as of the end of the financial year, for 6 (six) years preceding the previous financial year (for insurance (reinsurance) organizations carrying out insurance of risks specified in sub-items 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 insurance (reinsurance) organizations carrying out insurance of risks specified in sub-items 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 ("payout method") in accordance with paragraph 16-1 of the Standards		2000*
Minimum solvency margin
Minimum solvency margin ("1000" or "2000", largest value, or if "1000*" and "2000*" are filled, then "1000*" or "2000*", largest value)		3000
Amount of increase in the minimum solvency margin under insurance (reinsurance) contracts specified in paragraph 14 of the Standards		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 less the reinsurer's share as of the end of the previous financial year		4010
Reserve for reported but unsettled losses less the reinsurer's share as of the beginning of the previous financial year		4020
Minimum solvency margin for the previous financial year, adjusted by the reserve coefficient (if "4010" / "4020" ≥ 1, then "4100"; if "4010" / "4020" < 1, then "4100" x ("4010" / "4020")		4000
Calculated minimum solvency margin (if "4000" ≤ "3100", then "3100"; if "4000" > "3100", then "4000")		5000
Minimum guarantee fund size		6000
Calculated minimum solvency margin ("5000" + part of the sum of insurance premiums transferred (transferred) to reinsurance, calculated in accordance with Table 2 of this Report on Compliance with Prudential Standards by an Insurance (Reinsurance) Organization)		7000
Minimum guarantee fund size ("6000" + part of the sum of insurance premiums transferred (transferred) to reinsurance, calculated in accordance with Table 2 of this Report on Compliance with Prudential Standards by an Insurance (Reinsurance) Organization)		8000
Minimum solvency margin for the reporting period ("7000" or "8000", largest value)		9000
Calculation of actual solvency margin for insurance (reinsurance) organizations in the "general insurance" sector
Paid-up charter capital for an insurance (reinsurance) organization		111
Preferred shares		112
Undistributed profit of previous years and current year		113
Reserve Capital, Reserve for Unforeseen Risks and Stabilization Reserve		114
Intangible assets, except for software acquired for the 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 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 to persons in whom the insurance (reinsurance) organization has significant participation		119
Subtotal 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
Subtotal B ("201" + "202" + "203")		211
Amount included in the calculation of the actual solvency margin: if "211" > 0.5 x ("100" or "400", smallest value), then 0.5 x ("100" or "400", smallest value); if "211" ≤ 0.5 x ("100" or "400", smallest value), then "211"		200
Actual solvency margin ("100" + "200" or "15000", smallest value)		300
Minimum solvency margin ("9000")		400
Solvency margin adequacy ratio ("300" / "400")		500

Table 4. Calculation of the minimum solvency margin for an insurance (reinsurance) organization and branches of non-resident insurance (reinsurance) organizations of the Republic of Kazakhstan carrying out insurance activities in the "life insurance" sector

(in thousands of tenge)

Indicator Name	Line Code	Amount
1	2	3
For classes "life insurance", "life insurance within the state educational savings system", "pension annuity insurance", "annuity insurance", as well as under annuity insurance and pre-pension annuity insurance contracts concluded within the class "mandatory insurance of workers against accidents at work while performing their labor (official) duties"
Life insurance contracts in case of death
Total risk capital under 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
Sum of calculated insurance reserves	1111
Reinsurer's share in insurance reserves	1112
Total sum insured under life insurance contracts in case of death	1113
Reinsurer's share in the sum insured	1114
Total risk capital under 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
Sum of calculated insurance reserves	1121
Reinsurer's share in insurance reserves	1122
Total sum insured under life insurance contracts in case of death	1123
Reinsurer's share in the sum insured	1124
Total risk capital under remaining life insurance contracts in case of death, for which risk capital is not a negative value ("1133" - "1131")	1130
Sum of calculated insurance reserves	1131
Reinsurer's share in insurance reserves	1132
Total sum insured under life insurance contracts in case of death	1133
Reinsurer's share in the sum insured	1134
Risk capital under life insurance contracts in case of death concluded during the previous financial year ("1110" + "1120" + "1130")	1140
Risk capital under life insurance contracts in case of death concluded during the previous financial year, less the reinsurer's share ("1140" + "1112" - "1114" + "1122" - "1124" + "1132" - "1134")	1150
Correction coefficient (if "1150" / "1140" > 0.5, then "1150" / "1140"; if "1150" / "1140" <= 0.5, then 0.5)	1160
Minimum solvency margin under 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
Sum of formed insurance reserves as of the end of the previous financial year under pension annuity contracts	1210
Sum of formed insurance reserves as of the end of the previous financial year under other insurance contracts	1211
Sum of calculated insurance reserves for calculation: ("1210" x corresponding percentage rate established by paragraph 21 of the Standards + "1211" x 0.04)	1220
Sum of formed insurance reserves less the reinsurer's share in insurance reserves as of the end of the previous financial year	1230
Correction coefficient (if "1230" / ("1210" + "1211") > 0.85, then "1230" / ("1210" + "1211"); if "1230" / ("1210" + "1211") <= 0.85, then 0.85)	1240
Minimum solvency margin under other life insurance contracts ("1220" x "1240")	1200
Minimum solvency margin ("1170" + "1200")	1000
For classes "accident insurance", "sickness insurance", "mandatory tourist insurance" and "mandatory insurance of workers against accidents at work while performing their labor (official) duties"
Insurance premiums accepted under insurance and reinsurance contracts for the previous financial year, total	3110
Total amount of expenses for payment of commission remuneration for insurance activities for the previous financial year	3120
Taxation amount 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
Subtotal 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 payouts less the reinsurer's share in insurance payouts, accrued over the previous 3 (three) financial years ("3311" + "3312" + "3313")	3310
Total insurance payouts less the reinsurer's share in insurance payouts, accrued as of the end of the previous financial year	3311
Total insurance payouts less the reinsurer's share in insurance payouts, accrued as of the end of the financial year, for 1 (one) year preceding the previous financial year	3312
Total insurance payouts less the reinsurer's share in insurance payouts, accrued as of the end of the financial year, for 2 (two) years preceding the previous financial year	3313
Total insurance payouts, accrued over the previous 3 (three) financial years ("3321" + "3322" + "3323")	3320
Total insurance payouts, accrued for the previous financial year	3321
Total insurance payouts, accrued as of the end of the financial year, for 1 (one) year preceding the previous financial year	3322
Total insurance payouts, accrued as of the end of the financial year, for 2 (two) years preceding the previous financial year	3323
Correction coefficient (if "3310" / "3320" > 0.5, then "3310" / "3320"; if "3310" / "3320" ≤ 0.5, then 0.5)	3300
Minimum solvency margin ("premium method") ("3200" x "3300")	3400
Total insurance payouts, accrued over the previous 3 (three) financial years ("3511" + "3512" + "3513"):	3510
accrued as of the end of the previous financial year	3511
accrued as of the end of the year, for 1 (one) year preceding the previous financial year	3512
accrued as of the end of the year, for 2 (two) years preceding the previous financial year	3513
Amount of the reserve for reported but unsettled losses as of the end of the previous financial year	3520
Amount of the reserve for reported but unsettled losses as of the end of the financial year, for 2 (two) years preceding the previous financial year	3530
Total insurance payouts for further calculation (1/3 x ("3510" + "3520" - "3530")	3500
Minimum solvency margin ("payout method"): (if "3500" > 2,500,000, then ((2,500,000 x 0.26 + ("3500" - 2,500,000) x 0.23) x "3300"); if "3500" < 2,500,000, then "3500" x 0.26 x "3300")	3600
Minimum solvency margin for the reporting period ("3400" or "3600", largest value)	3000
Minimum solvency margin
Minimum solvency margin for the reporting period ("1000" + "3000")	4000
Minimum guarantee fund size	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 sum of insurance premiums transferred (transferred) to reinsurance, calculated in accordance with Table 2 of this Report on Compliance with Prudential Standards by an Insurance (Reinsurance) Organization + "4100")	6000
200,000 (two hundred thousand) monthly calculation indicators - for an insurance (reinsurance) organization holding a license in the "life insurance" sector and carrying out independent management of assets formed from the part of insurance premiums received from policyholders for investment purposes, and income (losses) received from their investment, under insurance contracts providing for the condition of the policyholder's participation in investments; 100,000 (one hundred thousand) monthly calculation indicators - for an insurance (reinsurance) organization holding a license in the "life insurance" sector and carrying out 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 that is not an insurance organization.	5100
Minimum guarantee fund size ("5000" + part of the sum of insurance premiums transferred (transferred) to reinsurance, calculated in accordance with Table 2 of this Report on Compliance with Prudential Standards by an Insurance (Reinsurance) Organization + "5100")	7000
Minimum solvency margin ("6000" or "7000", largest value)	8000
Calculation of actual solvency margin for insurance (reinsurance) organizations in the "life insurance" sector
Paid-up charter capital for an insurance (reinsurance) organization	111
Preferred shares	112
Undistributed profit of previous years and current year	113
Reserve Capital, Reserve for Unforeseen Risks and Stabilization Reserve	114
Intangible assets, except for software acquired for the 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 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 to persons in whom the insurance (reinsurance) organization has significant participation	119
Subtotal 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
Subtotal B ("201" + "202" + "203")	211
Amount included in the calculation of the actual solvency margin: if "211" > 0.5 x ("100" or "400", smallest value), then 0.5 x ("100" or "400", smallest value); if "211" ≤ 0.5 x ("100" or "400", smallest value), then "211"	200
Actual solvency margin ("100" + "200" or "15000", smallest value)	300
Minimum solvency margin ("8000")	400
Solvency margin adequacy ratio ("300" / "400")	500

Table 5. Calculation of assets of an insurance (reinsurance) organization and branches of non-resident insurance (reinsurance) organizations of the Republic of Kazakhstan taking into account their classification by quality and liquidity

(in thousands of tenge)

No.	Indicator Name	Line Code	Balance Sheet Amount	Volume to be Considered			Amount to be Calculated
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 assets of the insurance (reinsurance) organization minus reinsurance assets	11111		100%
1.2	cash in transit in second-level banks of the Republic of Kazakhstan	11112		100%
1.3	cash in current accounts in second-level 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-level 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 of an organization carrying out brokerage and/or dealing activities in the securities market, or registered in the territory of the Astana International Financial Centre, held in second-level banks of the Republic of Kazakhstan and in the central depository	11115		100%
1.6	cash of the insurance (reinsurance) organization in accounts of an organization carrying out investment portfolio management activities in the securities market, or registered in the territory of the Astana International Financial Centre, held in second-level banks of the Republic of Kazakhstan	11116		100%
2	Deposits - total, including:	11120		X
2.1	deposits in second-level banks of the Republic of Kazakhstan provided that these banks are issuers whose shares are included in the "premium" category of the "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-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 resident subsidiary banks of the Republic of Kazakhstan whose parent non-resident banks of the Republic of Kazakhstan have a long-term credit rating in foreign currency not lower than "A-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies	11122		100%
2.3	deposits in second-level banks of the Republic of Kazakhstan having a long-term credit rating of "B-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, or a rating assessment from "kzBB" to "kzBB-" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of one of the other rating agencies	11123		90%
2.4	deposits in international financial organizations having a long-term rating not lower than "AA-" of Standard & Poor's or a rating of a similar level of one of the other rating agencies, deposits in the Eurasian Development Bank in the national currency of the Republic of Kazakhstan	11124		100%
2.5	deposits in non-resident banks having a long-term rating not lower than "BBB-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies	11125		100%
3	Debt securities (excluding debt securities that are the subject of a "reverse repo" transaction concluded with the participation of a central counterparty) - total, including:	11130		X
3.1	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 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 to individuals not related to entrepreneurial activity, one hundred percent of the shares of which belong to the National Bank of the Republic of Kazakhstan	11133		100%
3.4	debt securities issued by the Joint Stock Companies "Bank for Development of Kazakhstan", "National Welfare Fund "Samruk-Kazyna", "National Managing Holding "Baiterek", "Problematic Credits Fund" in accordance with the legislation of the Republic of Kazakhstan and other states	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 the stock exchange operating in the territory of the Astana International Financial Centre, meeting the requirements of the stock exchange for inclusion in the "debt securities" sector of the "Main" platform of the official list of the stock exchange	11135		90%
3.6	non-state debt securities issued by entities classified as small or medium-sized enterprises according to the Entrepreneurship 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 "Development Fund "Damu" and/or the Joint Stock Company "Bank for Development of Kazakhstan", the amount of which covers not less than 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 the stock exchange operating in the territory of the Astana International Financial Centre, meeting the requirements of the stock exchange for inclusion in the "debt securities" sector of the "Alternative" platform of the official list of the stock exchange	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 (whose issuer has) a rating assessment not lower than "BB-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, or a rating not lower than "kzA-" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of one of the other rating agencies	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 (whose issuer has) a rating assessment from "B+" to "B-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, or a rating from "kzBBB+" to "kzBB-" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of one of the other rating agencies	11139		90%
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	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 of 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 of 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 of one of the other rating agencies	11143		80%
3.14	non-state debt securities of foreign issuers having (whose issuer has) a rating assessment not lower than "BBB-" on the international scale of Standard & Poor's or a rating of one of the other rating agencies	11144		100%
3.15	non-state debt securities of foreign issuers having (whose issuer has) a rating assessment from "BB+" to "BB-" on the international scale of Standard & Poor's or a rating of one of the other rating agencies	11145		85%
3.16	non-state debt securities of foreign issuers having (whose issuer has) a rating assessment from "B+" to "B-" on the international scale of Standard & Poor's or a rating of one of the other rating agencies	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 assets 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 in the territory of the Astana International Financial Centre, 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 in the territory of the Astana International Financial Centre, 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 of 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 of one of the other rating agencies, and depositary receipts, the underlying asset of which are these shares	11156		85%
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	11157		60%
5	Other securities - total, including:	11160		X
5.1	securities of investment funds included in the official list of the stock exchange operating in the territory of the Republic of Kazakhstan or operating in the territory of the Astana International Financial Centre	11161		70%
5.2	shares of Exchange Traded Funds, the structure of assets of which repeats the structure of one of the main stock indices, or whose pricing is linked to main stock indices	11162		90%
5.3	shares of Exchange Traded Funds, Exchange Traded Commodities, Exchange Traded Notes 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 (whose issuer has) a rating assessment not lower than "BBB-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, or a rating not lower than "kzAAA" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of one of the other rating agencies	11164		100%
5.5	Islamic 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 (whose issuer has) a rating assessment from "BB+" to "BB-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, or a rating from "kzAA+" to "kzA-" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of one of the other rating agencies	11165		90%
5.6	Islamic 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 (whose issuer has) a rating assessment from "B+" to "B-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, or a rating from "kzBBB+" to "kzBB-" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of one of the other rating agencies	11166		80%
5.7	Islamic 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 of one of the other rating agencies	11167		90%
5.8	securities that are the subject of a "reverse repo" transaction concluded with the participation of a central counterparty	11168		100%
6	Other assets - total, including:	11170		X
6.1	refined precious metals and metal accounts	11171		100%
6.2	loans to policyholders of the insurance (reinsurance) organization carrying out activities in the "life insurance" sector, 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 amount of high-liquidity 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 amount of high-liquidity assets of the insurance (reinsurance) organization, excluding insurance premiums receivable from legal entities specified in sub-item 10) of paragraph 34 of the Norms	11175		100%
6.5	claims to securities issuers for the payment of the nominal value of securities arising from the expiration of their circulation period provided for by 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 amount of high-liquidity assets of the insurance (reinsurance) organization, when the policyholder is: a legal entity, more than 50 (fifty) percent of the voting shares (parts 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 rating agency or other rating agencies, or; a large systemically important enterprise meeting the following criteria: revenue from the sale of products (provision of services) is not less than 50 (fifty) billion tenge annually for the last 2 (two) years; tax payments are not less than 3 (three) billion tenge annually for the last 2 (two) years	11177		100%
7	Total assets taking into account their classification by quality and liquidity - A - ("11110" + "11120" + "11130" + "11150" + "11160" + "11170")	12000	X	X
8	Insurance reserves minus the reinsurer's share - IR	13000		X
9	Liabilities, 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 Requirements for Formation, methodology for calculating insurance reserves and their structure	17000	X	X
Calculation of asset diversification norms
Total balance sheet cost of investments in securities (taking into account "reverse repo" transactions), deposits and cash in one second-level bank having a long-term credit rating 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 being a resident subsidiary bank of the Republic of Kazakhstan, whose parent non-resident bank of the Republic of Kazakhstan has a long-term credit rating in foreign currency not lower than "A-" of Standard & Poor's or a rating of a similar level of one of the other rating agencies, and affiliated persons of this bank, Bank for Development of Kazakhstan and its affiliated persons, meeting the requirements of sub-item 1) of paragraph 42 of the Norms (ND1-1): from January 1, 2023 - not more than 30 (thirty) percent of the total amount of insurance reserves, calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure; from January 1, 2024 - not more than 20 (twenty) percent of the total amount of insurance reserves, calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure
No.	Issuer Name	Issuer Rating Category	Balance Sheet Amount			Percentage of Total Insurance Reserves
1	2	3	4			5
1.	Second-level bank
1.1.	name of the second-level bank
1.1.1.	shares
1.1.2.	debt securities
1.1.3.	deposits in the bank
1.1.4.	cash in the bank
1.1.5.	"reverse repo" transactions
2.	Bank affiliates
2.1.	name of the 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
…	…
n.	…
	Total (sum of lines 1-n)
Total balance sheet cost of investments in securities (taking into account "reverse repo" transactions), deposits and cash in one second-level bank having a long-term credit 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, and affiliated persons of this bank, meeting the requirements of sub-item 2) of paragraph 42 of the Norms (ND1-2): from January 1, 2023 - not more than 20 (twenty) percent of the total amount of insurance reserves, calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure; from January 1, 2024 - not more than 15 (fifteen) percent of the total amount of insurance reserves, calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure
No.	Issuer Name	Issuer Rating Category	Balance Sheet Amount			Percentage of Total Insurance Reserves
1	2	3	4			5
1	Second-level bank
1.1	name of the second-level bank
1.1.1	shares
1.1.2	debt securities
1.1.3	deposits in the bank
1.1.4	cash in the bank
1.1.5	"reverse repo" transactions
2	Bank affiliates
2.1	name of the 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
…	…
n.	…
	Total (sum of lines 1-n)

Total book value of investments in securities (including reverse repo transactions), deposits, and cash in one second-tier bank having a long-term credit rating of 'B-' or lower on the Standard & Poor's international scale or a rating of similar level from another rating agency, and affiliated persons of this bank, meeting the requirements of subparagraph 3) paragraph 42 of the Norms (ND1-3): as of January 1, 2023 - no more than 20 (twenty) percent of the total amount of general insurance reserves calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure; as of January 1, 2024 - no more than 10 (ten) percent of the total amount of general insurance reserves calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure
No.	Name of Issuer	Issuer Rating Category	Book Value Amount			Percentage of Total General 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 bank
1.1.4	Cash in bank
1.1.5	Reverse repo transactions
2	Affiliated Persons of the Bank
2.1	Name of bank's affiliated person
2.1.1	Shares
2.1.2	Debt securities
2.1.3	Deposits
2.1.4	Cash
2.1.5	Reverse repo transactions
…	…
n.	…
	Total (sum of rows 1-n)
Total book value of investments in securities (including reverse repo transactions) and cash in one legal entity that is not a second-tier bank, excluding Kazakhstani Development Bank, and affiliated persons of this legal entity (ND2): as of January 1, 2023 - no more than 20 (twenty) percent of the total amount of general insurance reserves calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure; as of January 1, 2024 - no more than 10 (ten) percent of the total amount of general insurance reserves calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure
No.	Name of Issuer	Issuer Rating Category	Book Value Amount			Percentage of Total General 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 repo transactions
1.4	Cash
2	Name of Affiliated Person
2.1	Shares
2.2	Debt securities
2.3	Reverse repo transactions
2.4	Cash
…	…
n.	…
	Total (sum of rows 1-n)
Total book value of investments in securities (including reverse repo transactions) and cash in one legal entity included in the list of national companies approved by Resolution of the Government of the Republic of Kazakhstan dated April 6, 2011 No. 376 "On Approval of the List of National Managing Holdings, National Holdings, National Companies" and having a long-term credit rating no lower than 'BBB-' on the Standard & Poor's international rating agency scale or a rating of similar level from another rating agency, and affiliated persons of this legal entity (ND3) - no more than 20 (twenty) percent of the total amount of general insurance reserves calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure
No.	Name of Issuer	Issuer Rating Category	Book Value Amount			Percentage of Total General 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 repo transactions
1.4	Cash
2	Name of Affiliated Person
2.1	Shares
2.2	Debt securities
2.3	Reverse repo transactions
2.4	Cash
…	…
n.	…
	Total (sum of rows 1-n)
No.	Indicator Name	Book Value Amount			Percentage of Total General Insurance Reserves
1	Total placement in affiliated precious metals and metal accounts (ND4) - no more than 10 (ten) percent of the total amount of general insurance reserves calculated in accordance with Requirements for 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 (ND5) - no more than 10 (ten) percent of the total amount of general insurance reserves calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure
3	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 having a rating no lower than 'A-' on the Standard & Poor's international rating agency scale or a rating of similar level from another rating agency, (ND6) - no more than 10 (ten) percent of the total amount of general insurance reserves calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure
4	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 having a rating below 'A-' on the Standard & Poor's international rating agency scale or a rating of similar level from another rating agency, (ND 6-1) - no more than 5 (five) percent of the total amount of general insurance reserves calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure
5	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 Norms (ND7) - no more than 20 (twenty) percent of the total amount of general insurance reserves calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure
6	Total book value of investments in units meeting the requirements of subparagraphs 23) and 24) of paragraph 38 of the Norms, net of impairment reserve (ND8) - no more than 10 (ten) percent of the total amount of general insurance reserves calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure
7	Total book value of investments in units of open and interval unit investment funds, net of impairment reserve (ND8-1) - no more than 10 (ten) percent of the total amount of general insurance reserves calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure
8	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, net of impairment reserve (ND9) - no more than 10 (ten) percent of the total amount of general insurance reserves calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure
9	Total book value of investments in Islamic finance instruments meeting the requirements of subparagraphs 25) and 26) of paragraph 38 of the Norms, net of impairment reserve (ND10) - no more than 10 (ten) percent of the total amount of general insurance reserves calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure
10	Total book value of REPO transactions - does not exceed 35 (thirty-five) percent of the total amount of general insurance reserves calculated in accordance with Requirements for Formation, methodology for calculating insurance reserves and their structure

Table 6. Calculation of the High-Liquidity Assets Adequacy Ratio for Insurance (Reinsurance) Organizations and Branches of Non-Resident Insurance (Reinsurance) Organizations of the Republic of Kazakhstan

№	Name of Indicator	Balance Sheet Amount	Volume to be Considered	Amount for Calculation
1	2	3	4	5
1	Cash - total, including:		X
1.1	cash in hand in an amount not exceeding 1 (one) percent of the assets of the insurance (reinsurance) organization minus reinsurance assets		100%
1.2	funds of the insurance (reinsurance) organization in accounts at an organization engaged in brokerage and/or dealer activities in the securities market, or registered in the territory of the Astana International Financial Centre, held in second-tier banks of the Republic of Kazakhstan and in the central depository		100%
1.3	funds in current accounts at second-tier banks of the Republic of Kazakhstan, indicated in lines 2.1 and 2.2 of this table		100%
1.4	funds in current accounts at second-tier banks of the Republic of Kazakhstan, indicated in line 2.3 of this table		90%
1.5	funds of the insurance (reinsurance) organization in accounts at an organization engaged in investment portfolio management activities in the securities market, or registered in the territory of the Astana International Financial Centre, held in second-tier banks of the Republic of Kazakhstan		100%
2	Deposits - total, including:		X
2.1	deposits in second-tier banks of the Republic of Kazakhstan, provided that these banks are issuers whose shares are included in the "premium" category of the "stocks" sector of the "Main" platform of the official list of the stock exchange or are in the representative list of the stock exchange index		100%
2.2	deposits in second-tier banks of the Republic of Kazakhstan meeting one of the following requirements: 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 resident subsidiary banks of the Republic of Kazakhstan, the parent non-resident banks of which have a long-term credit rating in foreign currency not lower than "A-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies		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 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 repo transaction 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 in the territory of the Republic of Kazakhstan		100%
3.3	debt securities issued by a legal entity engaged in 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 the Joint Stock Companies "Bank for Development of Kazakhstan", "National Welfare Fund "Samruk-Kazyna", "National Managing Holding "Baiterek", "Problematic Loans Fund" in accordance with the legislation of the Republic of Kazakhstan and other states		100%
3.5	non-state debt securities of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, included in the "debt securities" sector of the "Main" platform of the official list of the stock exchange, or non-state debt securities of legal entities of the Republic of Kazakhstan admitted to public trading on a stock exchange operating in the territory of the Astana International Financial Centre, meeting the requirements of the stock exchange for inclusion in the "debt securities" sector of the "Main" platform of the official list of the stock exchange		90%
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 "Enterprise Development Fund "Damu" and/or the Joint Stock Company "Bank for Development of Kazakhstan", the amount of which covers at least 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 a stock exchange operating in the territory of the Astana International Financial Centre, meeting the requirements of the stock exchange for inclusion in the "debt securities" sector of the "Alternative" platform of the official list of the stock exchange		60%
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		90%
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 repo transaction 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 "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		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 in the territory of the Astana International Financial Centre, 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, indicated in line 4.4 of this table		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 in the territory of the Astana International Financial Centre, 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		85%
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 operating in the territory of the Republic of Kazakhstan or operating in the territory of the Astana International Financial Centre		70%
5.2	units of Exchange Traded Funds, the structure of assets of which repeats the structure of one of the main stock indices, or the pricing of which 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 the Morningstar rating agency		80%
5.4	Islamic financing instruments of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, having a rating assessment not lower than "BBB-" on the international scale of Standard & Poor's or a rating of a similar level 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 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 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 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 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 financing instruments of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, the parent organizations of which have a rating assessment not lower than "BBB-" on the international scale of Standard & Poor's or a rating assessment of a similar level of one of the other rating agencies		90%
5.8	securities that are the subject of a reverse repo transaction 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 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-Quality Liquid Assets - HQLA
8	Liabilities under repo transactions
9	Insurance Reserves minus the reinsurer's share - IR
10	High-Quality Liquid Assets Adequacy Ratio

Name ________________________________________________

Address________________________________________________________

Telephone ______________________________________________________

Email Address _______________________________________

Executor____________________________ ____________________

surname, first name, patronymic (if any) signature, telephone

Head or person assigned the function of signing the report

---

surname, first name, patronymic (if any) signature

Date "____" ______________ 20__ year

Note: The form is filled out in accordance with the instructions for filling out the form intended for the collection of administrative data on a gratuitous basis, "Report on Compliance with Prudential Norms by an Insurance (Reinsurance) Organization and Branches of Insurance (Reinsurance) Organizations-Non-Residents of the Republic of Kazakhstan"

Appendix

to form, intended for the collection of administrative data on a gratuitous basis, "Report on Compliance with Prudential Norms by an Insurance (Reinsurance) Organization and Branches of Insurance (Reinsurance) Organizations-Non-Residents of the Republic of Kazakhstan"

Instructions for filling out the form intended for the collection of administrative data on a gratuitous basis

"Report on Compliance with Prudential Norms by an Insurance (Reinsurance) Organization and Branches of Insurance (Reinsurance) Organizations-Non-Residents of the Republic of Kazakhstan"

(index – 1-PN_SO, frequency – monthly)

Chapter 1. General Provisions

1. These instructions define the unified requirements for filling out the form intended for the collection of administrative data on a gratuitous basis, "Report on Compliance with Prudential Norms by an Insurance (Reinsurance) Organization and Branches of Insurance (Reinsurance) Organizations-Non-Residents of the Republic of Kazakhstan" (hereinafter – the Form).

2. The Form is compiled monthly by the insurance (reinsurance) organization and branches of insurance (reinsurance) organizations-Non-Residents of the Republic of Kazakhstan as of the end of the reporting period. Data in the Form is filled in thousands of tenge and in percentages (to two decimal places). An amount less than 500 (five hundred) tenge is rounded to 0 (zero), and an amount equal to 500 (five hundred) tenge and above is rounded to 1000 (one thousand) tenge.

3. The Form is signed by the head or person assigned the function of signing the report, and the executor.

Chapter 2. Instructions for Filling out the Form

4. For the purposes of filling out the Form, in addition to rating assessments of the Standard & Poor's rating agency, rating assessments of other rating agencies are recognized as assessments of 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 Norms of an Insurance (Reinsurance) Organization and Insurance Group and Other Mandatory Norms and Limits to be Observed, 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 (Except for 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 – Resolution No. 304).

5. For 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 16, information on compliance with the High-Quality Liquid Assets adequacy ratio is indicated ("yes" or "no"). The High-Quality Liquid Assets adequacy ratio is not less than 1 (one). In the event of non-compliance by the insurance (reinsurance) organization with the High-Quality Liquid Assets adequacy ratio, the ratio value is set to "no".

6. 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 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 Resolution No. 304.

Table 2 indicates:

reinsurance contracts concluded with reinsurance organizations-Non-Residents of the Republic of Kazakhstan, except for reinsurers from 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 – the EAEU Agreement);

reinsurance contracts concluded with reinsurance organizations-residents of the Republic of Kazakhstan;

reinsurance contracts concluded with reinsurance organizations-parties to the EAEU Agreement;

reinsurance contracts concluded within the framework of participation in an insurance (reinsurance) pool formed by no fewer than three insurance organizations-Non-Residents of the Republic of Kazakhstan registered in different states (countries);

reinsurance contracts concluded with reinsurance organizations-participants of the Astana International Financial Centre.

7. For 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 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 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.

8. For Table 4:

1) in line 1000, the calculated value of the minimum solvency margin size for the classes "life insurance, excluding the class of life insurance within the state educational savings system" and "annuity insurance, excluding the class of pension annuity insurance" is indicated;

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

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

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

9. Regarding Table 5:

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

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, calculated in accordance with paragraph 34 of the Norms is indicated;

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 Norms is indicated.

10. Regarding Table 6:

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

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

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

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

Appendix 2
to the Rules for reporting on compliance with prudential norms by insurance (reinsurance) organizations, insurance groups, Islamic insurance (reinsurance) organizations, branches of insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan and branches of Islamic insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan

Form, designed for the collection of administrative data

Submitted to: the National Bank of the Republic of Kazakhstan

The form designed for the collection of administrative data on a gratuitous basis is posted on the Internet resource: www.nationalbank.kz

Name of the administrative form: Report on the calculation of the unexpected risk reserve by an insurance (reinsurance) organization and branches of insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan

Index of the form designed for the collection of administrative data on a gratuitous basis: 2-RNR-SO

Frequency: quarterly

Reporting period: as of "____" ____________ 20 ___ year

Circle of persons submitting the form designed for the collection of administrative data on a gratuitous basis: insurance (reinsurance) organization, branches of insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan

Deadline for submitting the form designed for the collection of administrative data on a gratuitous basis: quarterly, no later than the 6 (sixth) working day of the month following the reporting quarter

BIN: _______________________

Collection method: in electronic form

(in thousands of tenge)

No.	Insurance Class	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 to 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 workers against accidents while performing their labor (official) duties, including:
1.8.1	Annuity insurance carried out within the framework of mandatory insurance of workers against accidents while performing their labor (official) duties	x	x	x
1.8.2	Pre-pension annuity insurance carried out within the framework of mandatory insurance of workers against accidents while performing their labor (official) duties	x	x	x
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, including:	x	x	x
2.1.1	Accumulative	x	x	x
2.1.2	Non-accumulative	x	x	x
2.2	Annuity insurance, excluding the class specified in line 2.4 of this table	x	x	x
2.3	Life insurance within the state educational savings system	x	x	x
2.4	Pension annuity insurance	x	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	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, 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	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, 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:

Net signed insurance premiums	Change in unearned premium reserves excluding the reinsurer's share	Change in loss reserves excluding the reinsurer's share	Unexpected risk reserve
6	7	8	9
…

Name ________________________________________________

Address ________________________________________________________

Phone ________________________________________________________

Email address _______________________________________

Executor ____________________________ ____________________

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

Head or person entrusted with the function of signing the report

---

surname, first name and patronymic (if any) signature

Date "____" ______________ 20__ year

Note: the form is filled out in accordance with the explanation for filling out the form designed for the collection of administrative data on a gratuitous basis, "Report on the calculation of the unexpected risk reserve by an insurance (reinsurance) organization and branches of insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan"

Appendix
to the form designed for the collection of administrative data on a gratuitous basis, "Report on the calculation of the unexpected risk reserve by an insurance (reinsurance) organization and branches of insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan"

Explanation for filling out the form designed for the collection of administrative data on a gratuitous basis

"Report on the calculation of the unexpected risk reserve by an insurance (reinsurance) organization and branches of insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan"

(index – 2-RNR-SO, frequency – quarterly)

Chapter 1. General Provisions

1. This explanation defines the unified requirements for filling out the form designed for the collection of administrative data on a gratuitous basis, "Report on the calculation of the unexpected risk reserve by an insurance (reinsurance) organization and branches of insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan" (hereinafter – the Form).

2. The Form is compiled quarterly by the insurance (reinsurance) organization and branches of insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan. Data in the Form is filled out in thousands of tenge and in percentages (to two decimal places). An amount less than 500 (five hundred) tenge is rounded to 0 (zero), and an amount equal to 500 (five hundred) tenge and above is rounded to 1000 (one thousand) tenge.

3. 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

4. The Form is filled out for each insurance class, except for insurance classes in lines 1.8.1, 1.8.2, 2.1, 2.1.1, 2.1.2, 2.2, 2.3, 2.4.

5. 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.

6. In columns 4, 5, 6, 7 and 8, data for the last 12 (twelve) months preceding the reporting date are indicated.

Appendix 3
to the Rules for reporting on compliance with prudential norms by insurance (reinsurance) organizations, insurance groups, Islamic insurance (reinsurance) organizations, branches of insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan and branches of Islamic insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan

Form, designed for the collection of administrative data

Submitted to: the National Bank of the Republic of Kazakhstan

The form designed for the collection of administrative data on a gratuitous basis is posted on the Internet resource: www.nationalbank.kz

Name of the administrative form: Report on the calculation of the stabilization reserve by an insurance (reinsurance) organization and branches of insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan

Index of the form designed for the collection of administrative data on a gratuitous basis: 3-SR-SO

Frequency: annual

Reporting period: as of "____" ____________ 20 ___ year

Circle of persons submitting the form designed for the collection of administrative data on a gratuitous basis: insurance (reinsurance) organization, branches of insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan

Deadline for submitting the form designed for the collection of administrative data on a gratuitous basis: annually, no later than February 10 (tenth) of the year following the reporting year

BIN: _______________________

Collection method: in electronic form

(in thousands of tenge)

No.	Insurance Class	Loss ratio excluding the reinsurer's share for the first financial year	Loss ratio excluding the reinsurer's share for the second financial year	Loss ratio excluding the reinsurer's share for the third financial year	Loss ratio excluding the reinsurer's share for the fourth financial year	Loss ratio excluding the reinsurer's share 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 to 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 workers against accidents while performing their labor (official) duties, including:
1.8.1	Annuity insurance carried out within the framework of mandatory insurance of workers against accidents while performing their labor (official) duties	x	x	x	x	x
1.8.2	Pre-pension annuity insurance carried out within the framework of mandatory insurance of workers against accidents while performing their labor (official) duties	x	x	x	x	x
1.9	Other types (classes) of insurance
2	Voluntary Personal Insurance	x	x	x	x	x
2.1	Life insurance, excluding the class specified in line 2.3 of this table, including:	x	x	x	x	x
2.1.1	Accumulative	x	x	x	x	x
2.1.2	Non-accumulative	x	x	x	x	x
2.2	Annuity insurance, excluding the class specified 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	Insurance against accidents	x	x	x	x	x
2.6	Insurance against illness, 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, 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	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, 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:

Average value of the loss ratio for the reporting period excluding the reinsurer's share	Standard deviation of the loss ratio for the reporting period excluding the 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 excluding the reinsurer's share minus the average value of the loss ratio for the reporting period excluding the reinsurer's share	Stabilization reserve as of the reporting date
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

Note: the form is filled out in accordance with the explanation for filling out the form designed for the collection of administrative data on a gratuitous basis, "Report on the calculation of the stabilization reserve by an insurance (reinsurance) organization and branches of insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan"

Appendix
to the form designed for the collection of administrative data on a gratuitous basis, "Report on the calculation of the stabilization reserve by an insurance (reinsurance) organization and branches of insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan"

Explanation for filling out the form designed for the collection of administrative data on a gratuitous basis

"Report on the calculation of the stabilization reserve by an insurance (reinsurance) organization and branches of insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan"

(index – 3-SR-SO, frequency – annual)

Chapter 1. General Provisions

1. This explanation defines the unified requirements for filling out the form designed for the collection of administrative data on a gratuitous basis, "Report on the calculation of the stabilization reserve by an insurance (reinsurance) organization and branches of insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan" (hereinafter – the Form).

2. The Form is compiled annually by the insurance (reinsurance) organization and branches of insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan. 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 1000 (one thousand) tenge.

3. 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

4. In the Form, the stabilization reserve is calculated in accordance with paragraph 2 of Chapter 7 of the Normative Values and Methods for Calculating 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 Methods for Calculating Prudential Norms of an Insurance (Reinsurance) Organization and an Insurance Group and Other Mandatory Norms and Limits, Requirements for Acquired Shares (Parts 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 Parts in the Authorized Capital) Acquired by Insurance (Reinsurance) Organizations" (registered in the Registry of State Registration of Normative Legal Acts under No. 14794).

5. The Form is filled out for each insurance class, except for all classes of "voluntary personal insurance" and contracts of "annuity insurance carried out within the framework of mandatory insurance of workers against accidents while performing their labor (official) duties", "pre-pension annuity insurance carried out within the framework of mandatory insurance of workers against accidents while performing their labor (official) duties".

Appendix 4
to the Rules for reporting on compliance with prudential norms by insurance (reinsurance) organizations, insurance groups, Islamic insurance (reinsurance) organizations, branches of insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan and branches of Islamic insurance (reinsurance) organizations - non-residents of the Republic of Kazakhstan

Form, designed for the collection of administrative data

Submitted to: the National Bank of the Republic of Kazakhstan

The form designed for the collection of administrative data on a gratuitous basis is posted on the Internet resource: www.nationalbank.kz

Name of the administrative form: Report on compliance with the solvency margin sufficiency ratio of an insurance group

Index of the form designed for the collection of administrative data on a gratuitous basis: 4-SGMP

Frequency: quarterly

Reporting period: as of "____" ____________ 20 ___ year

Circle of persons submitting the form designed for the collection of administrative data on a gratuitous basis: parent organization of the insurance group

Deadline for submitting the form designed for the collection of administrative data on a gratuitous basis:

quarterly, no later than the 1 (first) day of the second month following the reporting quarter;

for the fourth quarter of the past year, no later than April 1 (first) of the year following the reporting quarter.

BIN: _______________________

Collection method: in electronic form

(in thousands of tenge)

№	Names of participants in the insurance group	Amount
1	2	3
1	Actual solvency margin of the insurance group (1.1 + 1.2 + 1.3 + … + 1.n)
1.1	Parent organization of the insurance group
1.2	Participant of the insurance group
1.3	Participant of the insurance group
…
1.n	Participant of the insurance group
2	Investments
3	Actual solvency margin of the insurance group less investments (1-2)
4	Minimum size of the solvency margin of the insurance group (4.1 + 4.2 + 4.3 + … + 4.n)
4.1	Parent organization of the insurance group
4.2	Participant of the insurance group
4.3	Participant of the insurance group
…
4.n	Participant of the insurance group
5	Solvency margin adequacy ratio of the insurance group (3 / 4)

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

Note: the form is filled out in accordance with the explanation for filling out the form intended for the collection of administrative data free of charge, "Report on compliance with the solvency margin adequacy ratio of the insurance group"

Appendix
to form, intended for the collection of administrative data free of charge, "Report on compliance with the solvency margin adequacy ratio of the insurance group"

Explanation for filling out the form intended for the collection of administrative data free of charge

"Report on compliance with the solvency margin adequacy ratio of the insurance group"

(index – 4-SGMP, frequency – quarterly)

Chapter 1. General Provisions

1. This explanation defines the unified requirements for filling out the form intended for the collection of administrative data free of charge, "Report on compliance with the solvency margin adequacy ratio of the insurance group" (hereinafter – Form).

2. The Form is compiled quarterly by the parent organization of the insurance group. Data in the Form are 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.

3. 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

4. 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 Methods for Prudential Normatives of Insurance (Reinsurance) Organizations and Insurance Groups and Other Mandatory Standards and Limits Established by 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 Normatives of Insurance (Reinsurance) Organizations and Insurance Groups and Other Mandatory Standards and Limits, Requirements for Acquired Shares (Participation Interests in Charter Capital) of Legal Entities by Insurance (Reinsurance) Organizations, Subsidiary Organizations of Insurance (Reinsurance) Organizations or Insurance Holdings, List of Bonds of International Financial Organizations Acquired by Insurance Holdings, Minimum Required Rating for Bonds Acquired by Insurance Holdings, and List of Rating Agencies, as well as List of Financial Instruments (Excluding Shares and Participation Interests in Charter Capital) Acquired by Insurance (Reinsurance) Organizations" (registered in the Registry of State Registration of Regulatory Legal Acts under No. 14794).

5. In line 1 of column 3, the amount of the actual solvency margin of the insurance group is indicated.

6. In line 4 of column 3, the amount of the minimum size of the solvency margin of the insurance group is indicated.

7. In line 5 of column 3, the solvency margin adequacy ratio of the insurance group is indicated, equal to the ratio of the actual solvency margin of the insurance group less investments to the minimum size of the solvency margin of the insurance group.

Appendix 5
to Rules for reporting on compliance with prudential normatives by insurance (reinsurance) organizations, insurance groups, Islamic insurance (reinsurance) organizations, branches of insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan

Form, intended for the collection of administrative data Submitted to: National Bank of the Republic of Kazakhstan

The form intended for the collection of administrative data free of charge is posted on the website: www.nationalbank.kz

Name of administrative form: report on compliance with prudential normatives by Islamic insurance (reinsurance) organizations and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan

Index of the form intended for the collection of administrative data free of charge: 5-PN_ISO

Frequency: monthly

Reporting period: as of «____» ____________ 20 ___ year

Circle of persons submitting the form intended for the collection of administrative data free of charge: Islamic insurance (reinsurance) organization, branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan

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

BIN: _______________________

Collection method: electronically

Table 1. Information on compliance with prudential normatives by Islamic insurance (reinsurance) organizations and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan

№	Name of normative	Value of indicator
1	2	3
1	Solvency margin adequacy ratio (1.1/1.2)
1.1	Actual solvency margin (1.3 + 1.4 or 1.8 smallest value) (in thousands of tenge)
1.2	Minimum size of solvency margin ("400") (in thousands of tenge)
1.3	Intermediate result of calculating 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 Calculation Methods for Prudential Normatives of Islamic Insurance (Reinsurance) Organizations and Other Mandatory Standards and Limits Established by 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 Normatives of Islamic Insurance (Reinsurance) Organizations and Other Mandatory Standards and Limits, Requirements for Acquired Shares (Participation Interests in Charter Capital) of Legal Entities by Islamic Insurance (Reinsurance) Organizations, Subsidiary Organizations of Islamic Insurance (Reinsurance) Organizations, as well as List of Financial Instruments (Excluding Shares and Participation Interests in Charter Capital) Acquired by Islamic Insurance (Reinsurance) Organizations" (registered in the Registry of State Registration of Regulatory Legal Acts under No. 18293) (hereinafter – Normatives) - not more than 20 (twenty) percent of the total assets calculated in accordance with paragraph 32 of the Normatives (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 Normatives, - not more than 15 (fifteen) percent of the total assets calculated in accordance with paragraph 32 of the Normatives (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 Normatives, - not more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Normatives (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 Normatives (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 Normatives (in percent)
7	Total book value of investments in Islamic securities having the status of government bonds 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 Normatives (in percent)
8	Total book value of investments in Islamic securities of an international financial organization included in the list established by paragraph 35 of the Normatives - not more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Normatives (in percent)
9	Total book value of investments in units meeting the requirements of subparagraphs 23) and 24) of paragraph 34 of the Normatives - not more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Normatives (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 Normatives (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 Normatives (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 Normatives - not more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Normatives (in percent)
13	Information on compliance with the high-liquidity asset adequacy ratio ("yes" or "no")

Table 2. Amount of increase in the minimum size of the solvency margin of Islamic insurance (reinsurance) organizations and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan

(in thousands of tenge)

Name of Islamic reinsurance organization	Credit rating assessment of the Islamic reinsurer according to international or national scale (solvency margin adequacy ratio)	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 reinsurers-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 – 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%
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-countries-participants of the EAEU Agreement
Group 15	from "BBB+" to "BBB-"		0%
Group 16	from "BB+" to "BB-"		0.2%
Group 17	from "B+" to "B-"		0.5%
Group 18	below "B-" or absent		22%
Total:	xxx		xxx

Table 3. Calculation of the minimum size of the solvency margin for Islamic insurance (reinsurance) organizations and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan carrying out Islamic insurance activities in the "general insurance" industry and Islamic reinsurance organizations carrying out reinsurance as an exclusive type of activity

(in thousands of tenge)

Indicator Name		Line Code	Amount
1		2	3
Calculation of the minimum solvency margin using the "premium method"
Total insurance premiums accepted under Islamic insurance and reinsurance contracts for the previous financial year, in total (according to subparagraphs 1), 2) and 3) paragraph 12 of the Standards		1110
Amount of expenses for payment of remuneration to the Islamic insurance (reinsurance) organization for management of 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, in total (according to subparagraphs 1), 2) and 3) paragraph 12 of the Standards		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
Subtotal 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 less the share of the Islamic reinsurer in insurance payments, accrued over the previous 3 (three) financial years ("1311" + "1312" + "1313")		1310
Total insurance payments less the share of the Islamic reinsurer in insurance payments, accrued at the end of the previous financial year		1311
Total insurance payments less the share of the Islamic reinsurer in insurance payments, accrued at the end of the financial year, for 1 (one) year preceding the previous financial year		1312
Total insurance payments less the share of the Islamic reinsurer 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 over the previous 3 (three) financial years ("1321" + "1322" + "1323")		1320
Total insurance payments, accrued for the previous financial year		1321
Total insurance payments, accrued 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 the minimum solvency margin using the "payout method" (in thousands of tenge)
Total insurance payments	accrued over the previous 3 (three) financial years (taking into account the requirements of subparagraph 2) paragraph 13 of the Standards ("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 over 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 - the 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 the reserve for reported but unsettled losses at the end of the previous financial year		2210
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		2310
Amount of the reserve for reported but unsettled losses at 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 payments for further calculation (1/3 x ("2110" + "2210" - "2310"))		2030
Total insurance payments 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 solvency margin ("payout method"): (if "2030" > 2,500,000, then ((2,500,000 x 0.26 + ("2030" - 2,500,000) x 0.23) x "1300"); if "2030" ≤ 2,500,000, then "2030" x 0.26 x "1300")		2000
Minimum solvency margin
Minimum solvency margin ("1000" or "2000", largest value)		3000
Amount of increase in the minimum solvency margin under Islamic insurance (reinsurance) contracts specified in paragraph 14 of the Standards		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 less the share of the Islamic reinsurer at the end of the previous financial year		4010
Reserve for reported but unsettled losses less the share of the Islamic reinsurer at the beginning of the previous financial year		4020
Minimum solvency margin for the previous financial year, adjusted for the reserve coefficient (if "4010" / "4020" > 1, then "4100"; if "4010" / "4020" ≤ 1, then "4100" x ("4010" / "4020"))		4000
Calculated minimum solvency margin (if "4000" ≤ "3100", then "3100"; if "4000" > "3100", then "4000")		5000
Minimum size of the guarantee fund		6000
Calculated minimum solvency margin ("5000" + part of the amount of obligations transferred to reinsurance, calculated in accordance with Table 2 of this Report on compliance with prudential standards by an Islamic insurance (reinsurance) organization)		7000
Minimum size of the guarantee fund ("6000" + part of the amount of obligations transferred to reinsurance, calculated in accordance with Table 2 of this Report on compliance with prudential standards by an Islamic insurance (reinsurance) organization)		8000
Minimum solvency margin for the reporting period ("7000" or "8000", largest value)		9000
Calculation of actual solvency margin for Islamic insurance (reinsurance) organizations in the "general insurance" sector
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 charter capital of other legal entities		117
Subtotal 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
Subtotal B ("201" + "202")		201
Amount included in the calculation of actual solvency margin: if "211" > 0.5 x ("100" or "400", smallest value), then 0.5 x ("100" or "400", smallest value); if "211" ≤ 0.5 x ("100" or "400", smallest value), then "211"		202
Actual solvency margin ("100" + "200" or "15000", smallest value)		203
Minimum solvency margin ("9000")		211
Solvency margin adequacy ratio ("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 solvency margin for an Islamic insurance (reinsurance) organization and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan carrying out Islamic insurance activity in the "life insurance" sector

(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 upon death
Total risk capital under Islamic life insurance contracts upon 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 Islamic reinsurer in insurance reserves	1112
Total sum insured under Islamic life insurance contracts upon death	1113
Share of the Islamic reinsurer in the sum insured	1114
Total risk capital under Islamic life insurance contracts upon 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 Islamic reinsurer in insurance reserves	1122
Total sum insured under Islamic life insurance contracts upon death	1123
Share of the Islamic reinsurer in the sum insured	1124
Total risk capital under other Islamic life insurance contracts upon death, for which risk 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 under Islamic life insurance contracts upon death	1133
Share of the Islamic reinsurer in the sum insured	1134
Risk capital under Islamic life insurance contracts upon death concluded during the previous financial year ("1110" + "1120" + "1130")	1140
Risk capital under Islamic life insurance contracts upon death concluded during the previous financial year, less the share of the Islamic reinsurer ("1140" + "1112" - "1114" + "1122" - "1124" + "1132" - "1134")	1150
Correction coefficient (if "1150" / "1140" > 0.5, then "1150" / "1140"; if "1150" / "1140" ≤ 0.5, then 0.5)	1160
Minimum solvency margin under Islamic life insurance contracts upon 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 under Islamic pension annuity contracts	1210
Amount of formed insurance reserves at the end of the previous financial year under other Islamic insurance contracts	1211
Amount of formed insurance reserves for calculation ("1210" x corresponding percentage rate established by paragraph 21 of the Standards for Values and Methods of Calculation of Prudential Standards 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
Correction coefficient (if "1230" / ("1210+1211") > 0.85, then "1230" / ("1210+1211"); if "1230" / ("1210+1211") ≤ 0.85, then 0.85)	1240
Minimum solvency margin under 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 workers against accidents while performing their labor (official) duties"
Insurance premiums accepted under Islamic insurance and reinsurance contracts for the previous financial year, in total (taking into account the requirements of the second part of paragraph 22 of the Standards)	3110
Amount of expenses for payment of remuneration to the Islamic insurance (reinsurance) organization for management of 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, in 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
Subtotal 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 Islamic reinsurer in insurance payments, accrued over the previous 3 (three) financial years ("3311" + "3312" + "3313")	3310
Total insurance payments less the share of the Islamic reinsurer in insurance payments, accrued at the end of the previous financial year	3311
Total insurance payments less the share of the Islamic 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 Islamic 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 over the previous 3 (three) financial years ("3321" + "3322" + "3323")	3320
Total insurance payments, accrued for the previous financial year	3321
Total insurance payments, accrued 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
Correction coefficient (if "3310" / "3320" > 0.5, then "3310" / "3320"; if "3310" / "3320" ≤ 0.5, then 0.5)	3300
Minimum solvency margin ("premium method") ("3200" x "3300")	3400
Total insurance payments, accrued over the previous 3 (three) financial years ("3511" + "3512" + "3513"):	3510
accrued 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 ("payout method"): (if "3500" > 2,500,000, then ((2,500,000 x 0.26 + ("3500" - 2,500,000) x 0.23) x "3300"); if "3500" ≤ 2,500,000, then "3500" x 0.26 x "3300")	3600
Minimum solvency margin for the reporting period ("3400" or "3600", largest value)	3000
Minimum solvency margin
Minimum solvency margin for the reporting period ("1000" + "3000")	4000
Minimum size of the guarantee fund	5000
Calculated minimum solvency margin ("4000" + part of the amount of obligations transferred to reinsurance, calculated in accordance with Table 2 of this Report on compliance with prudential standards by an Islamic insurance (reinsurance) organization)	6000
Minimum size of the guarantee fund ("5000" + part of the amount of obligations transferred to reinsurance, calculated in accordance with Table 2 of this Report on compliance with prudential standards by an Islamic insurance (reinsurance) organization)	7000
Minimum solvency margin ("6000" or "7000", largest value)	8000
Calculation of actual solvency margin for insurance (reinsurance) organizations in the "life insurance" sector
Paid-up charter capital for an 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 taking into account 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 charter capital of other legal entities	118
Subtotal 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
Subtotal B ("201" + "202")	211
Amount included in the calculation of actual solvency margin: if "211" > 0.5 x ("100" or "400", smallest value), then 0.5 x ("100" or "400", smallest value); if "211" ≤ 0.5 x ("100" or "400", smallest value), then "211"	200
Actual solvency margin ("100" + "200" or "15000", smallest value)	300
Minimum solvency margin ("8000")	400
Solvency margin adequacy ratio ("300" / "400")	500

Table 5. Calculation of assets of an Islamic insurance (reinsurance) organization and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan taking into account their classification by quality and liquidity

(in thousands of tenge)

№	Name of Indicator	Line Code	Balance Sheet Amount		Volume to be Considered		Amount for Calculation
1	2	3	4		5		6
1	Cash - total, including:	11110			х
1.1	cash in vaults in an amount not exceeding 1 (one) percent of the total assets of the Islamic insurance (reinsurance) organization minus the assets of Islamic reinsurance	11111			100%
1.2	cash in transit in second-level banks of the Republic of Kazakhstan	11112			100%
1.3	cash in current accounts in second-level banks of the Republic of Kazakhstan, indicated in lines 2.1 and 2.2 of this Appendix	11113			100%
1.4	cash in current accounts in second-level banks of the Republic of Kazakhstan, indicated in line 2.3 of this Appendix	11114			90%
1.5	cash of the Islamic 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	11115			100%
1.6	cash of the Islamic insurance (reinsurance) organization in accounts at an organization carrying out investment portfolio management activities, held in second-level banks of the Republic of Kazakhstan	11116			100%
2	Deposits - total, including:	11120			х
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 "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-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 (S&P) 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 (S&P), 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 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 (S&P) or a rating of a similar level of one of the other rating agencies	11122			100%
2.3	deposits in second-level banks of the Republic of Kazakhstan having a long-term credit rating of "B-" on the international scale of Standard & Poor's (S&P) 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 (S&P), 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 (S&P) or a rating of a similar level of one of the other rating agencies, deposits in the Eurasian Development Bank in the national currency of the Republic of Kazakhstan	11124			100%
2.5	deposits in non-resident banks having a long-term rating not lower than "BBB-" on the international scale of Standard & Poor's (S&P) or a rating of a similar level of one of the other rating agencies	11125			100%
3	Debt Securities - total, including:	11130			х
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 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	11133			100%
3.4	debt securities issued by the Joint Stock Companies "Bank for Development and Foreign Economic Affairs 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-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 a stock exchange operating on the territory of the International Financial Center "Astana"	11135			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	11136			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 (the issuer of which has) a rating assessment not lower than "BB-" on the international scale of Standard & Poor's (S&P) 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 (S&P), or a rating of a similar level on the national scale of one of the other rating agencies	11137			100%
3.8	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 (the issuer of which has) a rating assessment from "B+" to "B-" on the international scale of Standard & Poor's (S&P) 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 (S&P), or a rating of a similar level on the national scale of one of the other rating agencies	11138			85%
3.9	non-state debt Islamic securities issued by international financial organizations having an international rating not lower than "AA-" of Standard & Poor's (S&P) or a rating of a similar level of one of the 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 (S&P) or a rating of a similar level of one of the 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 (S&P) or a rating of a similar level of one of the 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 (S&P) or a rating of a similar level of one of the other rating agencies	11142			80%
3.13	non-state debt Islamic 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 (S&P) or a rating of one of the other rating agencies	11143			100%
3.14	non-state debt Islamic 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 (S&P) or a rating of one of the other rating agencies	11144			85%
3.15	non-state debt Islamic 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 (S&P) or a rating of one of the 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, the underlying asset of which are such shares	11151			100%
4.2	shares of legal entities included in the official list of the stock exchange, meeting the requirements of the "premium" category of the "stocks" sector of the "Main" platform of the official list of the stock exchange, and depositary receipts, the underlying asset of which are such shares	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 denominated in foreign currency, admitted to public trading on a stock exchange operating on the territory of the International Financial Center "Astana", and depositary receipts, the underlying asset of which are such shares	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, and depositary receipts, the underlying asset of which are such shares	11154			60%
4.5	shares of legal entities of the Republic of Kazakhstan and foreign issuers having a rating assessment not lower than "BBB-" on the international scale of Standard & Poor's (S&P) or a rating of a similar level of one of the other rating agencies, and depositary receipts, the underlying asset of which are such shares	11155			100%
4.6	shares of legal entities of the Republic of Kazakhstan and foreign issuers having a rating assessment from "BB+" to "BB-" on the international scale of Standard & Poor's (S&P) or a rating of a similar level of one of the other rating agencies, and depositary receipts, the underlying asset of which are such shares	11156			80%
4.7	shares of legal entities of the Republic of Kazakhstan and foreign issuers having a rating assessment from "B+" to "B-" on the international scale of Standard & Poor's (S&P) or a rating of a similar level of one of the other rating agencies, and depositary receipts, the underlying asset of which are such shares	11157			60%
4.8	shares of the Joint Stock Company "Insurance Payout 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 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	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 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 a rating assessment not lower than "BBB-" on the international scale of Standard & Poor's (S&P) 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 (S&P), 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 a rating assessment from "BB+" to "BB-" on the international scale of Standard & Poor's (S&P) 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 (S&P), 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 a rating assessment from "B+" to "B-" on the international scale of Standard & Poor's (S&P) 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 (S&P), 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 (S&P) or a rating assessment of a similar level of one of the 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 total high-liquidity assets of the Islamic insurance (reinsurance) organization, in the volume 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 the Islamic insurance (reinsurance) organization (at cost taking into account accumulated depreciation and not exceeding 10 (ten) percent of the total high-liquidity assets of the 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 total high-liquidity assets of the Islamic insurance (reinsurance) organization minus the assets of Islamic reinsurance	11175			100%
6.5	claims to securities issuers for the payment of the nominal value of securities arising from the expiration of their circulation period provided for by the securities issuance prospectus (not overdue according to the terms of the securities issuance 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 the Islamic reinsurer - IR	13000			х
9	Liabilities, except for the amount of insurance reserves	14000
10	Actual solvency margin, calculated taking into account the classification of assets by quality and liquidity ("12000" - "13000" - "14000")	15000	х		х
11	Total assets minus the 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-level bank and affiliated persons of this bank, meeting the requirements of subparagraph 1) paragraph 37 of the Norms, - no more than 20 (twenty) percent of the total assets calculated in accordance with paragraph 32 of the Norms
№	Name of Issuer	Issuer Rating Category		Balance Sheet Amount		Percentage of Total Assets
1	2	3		4		5
1.	Second-level Bank
1.1.	name of the second-level bank
1.1.1.	shares
1.1.2.	debt Islamic securities
1.1.3.	deposits in the bank
1.1.4.	cash in the bank
2.	Affiliated Persons of the Bank
2.1.	name of the affiliated person of the bank
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-level bank and affiliated persons of this bank, meeting the requirements of subparagraph 2) paragraph 37 of the Norms, - no more than 15 (fifteen) percent of the total assets calculated in accordance with paragraph 32 of the Norms
№	Name of Issuer	Issuer Rating Category		Balance Sheet Amount		Percentage of Total Assets
1	2	3		4		5
1.	Second-level Bank
1.1.	name of the second-level bank
1.1.1.	shares
1.1.2.	debt Islamic securities
1.1.3.	deposits in the bank
1.1.4.	cash in the bank
2.	Affiliated Persons of the Bank
2.1.	name of the affiliated person of the bank
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-level bank and affiliated persons of this bank, meeting the requirements of subparagraph 3) paragraph 37 of the Norms, - no more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Norms
№	Name of Issuer	Issuer Rating Category		Balance Sheet Amount		Percentage of Total Assets
1	2	3		4		5
1.	Second-level Bank
1.1.	name of the second-level bank
1.1.1.	shares
1.1.2.	debt Islamic securities
1.1.3.	deposits in the bank
1.1.4.	cash in the bank
2.	Affiliated Persons of the Bank
2.1.	name of the affiliated person of the bank
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-level bank and affiliated persons of this legal entity, - no more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Norms
№	Name of Issuer	Issuer Category		Balance Sheet Amount		Percentage of Total Assets
1	2	3		4		5
1.	Legal Entity
1.	Name of the legal entity
1.1.	shares
1.2.	debt Islamic securities
1.3.	cash
2.	Name of the affiliated person
2.1.	shares
2.2.	debt Islamic securities
2.3.	cash
	Total (sum of lines)
№	Name of Indicator	Balance Sheet Amount			Percentage of Total Assets
1	2	3			4
1	Total placement in refined precious metals and metal deposits for a term of no more than 12 (twelve) months - no more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Norms
2	Total book value of investments in Islamic securities having the status of state securities, issued by the central government of a foreign state, - no more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Norms
3	Total book value of investments in Islamic securities of an international financial organization that is included in the list determined by paragraph 35 of the Norms, - no more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Norms
4	Total book value of investments in units meeting the requirements of subparagraphs 23) and 24) paragraph 34 of the Norms, - no more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Norms
5	Total book value of investments in units of open and interval unit investment funds, minus the reserve for doubtful debts, - no more than 5 (five) percent of the total assets calculated in accordance with paragraph 32 of the Norms
6	Total book value of investments in debt securities issued by local executive bodies of the Republic of Kazakhstan - no more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Norms
7	Total book value of investments in Islamic financing instruments meeting the requirements of subparagraphs 25) and 26) paragraph 34 of the Norms, - no more than 10 (ten) percent of the total assets calculated in accordance with paragraph 32 of the Norms

Table 6. Calculation of the high-liquidity asset adequacy ratio of an Islamic insurance (reinsurance) organization and branches of non-resident Islamic insurance (reinsurance) organizations of the Republic of Kazakhstan

(in thousands of tenge)

№	Indicator Name	Balance Sheet Amount	Volume to be Considered	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 assets of the Islamic insurance (reinsurance) organization minus the assets of Islamic reinsurance		100%
1.2	funds of the Islamic insurance (reinsurance) organization at the accounts of 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		100%
1.3	funds in current accounts in second-tier banks of the Republic of Kazakhstan, indicated in lines 2.1 and 2.2 of this Appendix		100%
1.4	funds in current accounts in second-tier banks of the Republic of Kazakhstan, indicated in line 2.3 of this Appendix		90%
1.5	funds of the Islamic insurance (reinsurance) organization at the accounts of an organization carrying out investment portfolio management activities, held in second-tier banks of the Republic of Kazakhstan		100%
2	Deposits - total, including:		x
2.1	deposits in second-tier banks of the Republic of Kazakhstan, provided that these banks are issuers whose shares are included in the "premium" category of the "stocks" sector of the "Main" platform of the official list of the stock exchange or are in the representative list of the stock exchange index		100%
2.2	deposits in second-tier banks of the Republic of Kazakhstan meeting one of the following requirements: have a long-term credit rating not lower than "B" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, or a rating assessment not lower than "kzBB+" on the national scale of Standard & Poor's, or a rating of a similar level on the national scale of one of the other rating agencies; are subsidiary banks-residents of the Republic of Kazakhstan, the parent non-resident banks of which have a long-term credit rating in foreign currency not lower than "A-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies		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 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 - 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 the Joint Stock Companies "Bank for Development of Kazakhstan", "National Welfare Fund "Samruk-Kazyna", "National Managing Holding "Baiterek", "Problematic Loans Fund" in accordance with the legislation of the Republic of Kazakhstan and other states		100%
3.5	non-state debt 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 a stock exchange functioning on the territory of the International Financial Center "Astana"		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 (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 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		100%
3.8	non-state debt Islamic securities of legal entities of the Republic of Kazakhstan, 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%
3.9	non-state 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 of one of the 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		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 of one of the other rating agencies		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 of one of the other rating agencies		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 of one of the other rating agencies		80%
3.13	non-state debt Islamic 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%
3.14	non-state debt Islamic 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%
3.15	non-state debt Islamic 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 - 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 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, the underlying asset of which are such shares		100%
4.3	shares of legal entities - residents of the Republic of Kazakhstan included in the "standard" category of the "stocks" sector of the "Main" platform of the official list of the stock exchange, or shares of legal entities - residents of the Republic of Kazakhstan denominated in foreign currency, admitted to public trading on a stock exchange functioning on the territory of the International Financial Center "Astana", and depositary receipts, the underlying asset of which are 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, the underlying asset of which are such shares		60%
4.5	shares of legal entities of the Republic of Kazakhstan and foreign issuers having a rating assessment not lower than "BBB-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, and depositary receipts, the underlying asset of which are such shares		100%
4.6	shares of legal entities of the Republic of Kazakhstan and foreign issuers having a rating assessment from "BB+" to "BB-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, and depositary receipts, the underlying asset of which are such shares		80%
4.7	shares of legal entities of the Republic of Kazakhstan and foreign issuers having a rating assessment from "B+" to "B-" on the international scale of Standard & Poor's or a rating of a similar level of one of the other rating agencies, and depositary receipts, the underlying asset of which are 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 asset structure of which repeats the structure of one of the main stock indices, or whose pricing is tied to main stock indices		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 the 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 (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 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 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 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 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 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 financing instruments of legal entities of the Republic of Kazakhstan, issued in accordance with the legislation of the Republic of Kazakhstan and other states, the parent organizations of which have a rating assessment not lower than "BBB-" on the international scale of Standard & Poor's or a rating assessment of a similar level of one of the other rating agencies		90%
6	Other Assets - total, including:		x
6.1	refined precious metals and metal deposits		100%
6.2	claims to issuers of securities for the 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-Quality Liquid Assets - HQLA
8	Insurance Reserves minus the share of the Islamic reinsurer - IR
9	High-Quality Liquid 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

Note: The form is filled out in accordance with the explanation for filling out the form intended for the collection of administrative data on a gratuitous basis, "Report on the Compliance with Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Branches of Non-Resident Islamic Insurance (Reinsurance) Organizations of the Republic of Kazakhstan"

Appendix

to Form, intended for the collection

of administrative data on a gratuitous basis,

"Report on the Compliance with Prudential Norms

of an Islamic Insurance (Reinsurance) Organization

and Branches of Non-Resident Islamic Insurance (Reinsurance)

Organizations of the Republic of Kazakhstan"

Explanation for filling out the form intended for the collection of administrative data on a gratuitous basis

"Report on the Compliance with Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Branches of Non-Resident Islamic Insurance (Reinsurance) Organizations of the Republic of Kazakhstan"

(index – 5-PN_ISO, frequency – monthly)

Chapter 1. General Provisions

1. This explanation defines the unified requirements for filling out the form intended for the collection of administrative data on a gratuitous basis, "Report on the Compliance with Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Branches of Non-Resident Islamic Insurance (Reinsurance) Organizations of the Republic of Kazakhstan" (hereinafter – Form).

2. The Form is compiled monthly by the Islamic insurance (reinsurance) organization and branches of non-resident Islamic insurance (reinsurance) organizations as of the end of the reporting period. Data in the Form is filled in thousands of tenge and in percentages (to two decimal places). An amount less than 500 (five hundred) tenge is rounded to 0 (zero), and an amount equal to 500 (five hundred) tenge and above is rounded to 1000 (one thousand) tenge.

3. The Form is signed by the head or the person entrusted with the function of signing the report, and the executor.

Chapter 2. Explanation for Filling out the Form

4. For the purposes of filling out the Form, in addition to the rating assessments of the Standard & Poor's rating agency, rating assessments of other rating agencies are recognized as assessments by 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 Methods for Prudential Norms of an 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 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 Islamic Insurance (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).

5. 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 the compliance with the High-Quality Liquid Assets adequacy ratio is indicated ("yes" or "no"). The High-Quality Liquid Assets adequacy ratio is not less than 1 (one). In the event that the Islamic insurance (reinsurance) organization fails to comply with the High-Quality Liquid Assets adequacy ratio, the value of the ratio is set to "no".

6. When increasing the minimum size of the solvency margin by the amount of obligations transferred (to be transferred) in reinsurance to insurance (reinsurance) organizations - residents and non-residents of the Republic of Kazakhstan under existing 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.

7. 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 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 size of the solvency margin by the "payment 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 200, the value of the solvency margin adequacy ratio is indicated, equal to the ratio of the actual solvency margin to the minimum size of the solvency margin (line 300/line 400).

8. Regarding Table 4:

1) in line 1000, the calculated value of the minimum size of the 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 size of the solvency margin for these classes of Islamic insurance 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 is indicated, equal to the ratio of the actual solvency margin to the minimum size of the solvency margin (line 300/line 400).

9. 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) 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 Islamic insurance (reinsurance) organization is indicated, calculated in accordance with paragraph 32 of the Norms;

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

5) in line 15000, the actual solvency margin is indicated, calculated taking into account the classification of assets by quality and liquidity, corresponding to the requirements of paragraph 31 of the Norms.

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

3) in line 8, the sum of insurance reserves of the Islamic insurance (reinsurance) organization minus the share of the Islamic reinsurer is indicated;

4) in line 9, the High-Quality Liquid Assets adequacy ratio is indicated, equal to the ratio of the High-Quality Liquid Assets of the Islamic insurance (reinsurance) organization to insurance reserves minus the share of the Islamic reinsurer.

Appendix 6

to Rules for reporting on the compliance with prudential norms of an insurance (reinsurance) organization, insurance group, Islamic insurance (reinsurance) organization, branches of non-resident insurance (reinsurance) organizations of the Republic of Kazakhstan and branches of non-resident Islamic insurance (reinsurance) organizations of the Republic of Kazakhstan

Form,

intended for the collection of administrative data

Submitted to: National Bank of the Republic of Kazakhstan

The form intended for the collection of administrative data on a gratuitous basis is posted on the website: www.nationalbank.kz

Name of the administrative form: Report on the calculation of the unforeseen risk reserve by an Islamic insurance (reinsurance) organization and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan

Index of the form intended for the collection of administrative data on a gratuitous basis: 6-RNR-ISO

Frequency: quarterly

Reporting period: as of "____" ____________ 20 __ year

List of persons submitting the form intended for the collection of administrative data on a gratuitous basis: Islamic insurance (reinsurance) organization, branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan

Deadline for submitting the form intended for the collection of administrative data on a gratuitous basis: quarterly, no later than the 6 (sixth) working day of the month following the reporting quarter

BIN: _______________________

Collection method: in electronic form

(in thousands of tenge)

No.	Class of Islamic Insurance	Share of Net Insurance Premiums	Net Insurance Claims	Amount 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 to 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 facilities whose activities are associated with the danger of causing harm to third parties
1.8	Insurance of workers against accidents in the performance of their labor (official) duties, including:
1.8.1	Annuity insurance carried out within the framework of mandatory insurance of workers against accidents in the performance of their labor (official) duties
1.8.2	Pre-pension annuity insurance carried out within the framework of mandatory insurance of workers 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, excluding the class specified in line 2.3 of this table, including:
2.1.1	Accumulative
2.1.2	Non-accumulative
2.2	Annuity insurance, excluding the class specified in line 2.4 of this table
2.3	Life insurance within the state educational accumulative system
2.4	Pension annuity insurance
2.5	Accident insurance
2.6	Sickness insurance, including:
2.6.1	Outbound
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, 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 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, excluding the classes specified in lines 3.8, 3.9, 3.10, 3.11 and 3.12 of this table
3.14	Mortgage insurance
3.15	Guarantee and surety insurance
3.16	Other financial loss insurance
3.17	Losses of financial organizations insurance, excluding the classes specified in lines 3.14, 3.15, 3.16 and 3.17 of this table
3.18	Title insurance
3.19	Court costs insurance
3.20	Other types (classes) of Islamic insurance
4	Total

continuation of the table:

Net Written Insurance Premiums	Change in Unearned Premium Reserve 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 and patronymic (if any) signature, phone

Head or person assigned the function of signing the report

---

surname, first name and patronymic (if any) signature

Date «____» ______________ 20__ year

Note: the form is filled out in accordance with the explanation for filling out the form intended for the collection of administrative data on a gratuitous basis, "Report on the calculation of the unforeseen risk reserve by an Islamic insurance (reinsurance) organization and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan"

Appendix

to form, intended for the collection of administrative data on a gratuitous basis, "Report on the calculation of the unforeseen risk reserve by an Islamic insurance (reinsurance) organization and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan"

Explanation for filling out the form intended for the collection of administrative data on a gratuitous basis

"Report on the calculation of the unforeseen risk reserve by an Islamic insurance (reinsurance) organization and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan"

(index – 6-RNR-ISO, frequency – quarterly)

Chapter 1. General Provisions

1. This explanation defines the unified requirements for filling out the form intended for the collection of administrative data on a gratuitous basis, "Report on the calculation of the unforeseen risk reserve by an Islamic insurance (reinsurance) organization and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan" (hereinafter – Form).

2. The Form is compiled quarterly by an Islamic insurance (reinsurance) organization and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan. Data in the Form are filled in thousands of tenge and in percentages (to two decimal places). An amount less than 500 (five hundred) tenge is rounded to 0 (zero), and an amount equal to 500 (five hundred) tenge and above is rounded to 1000 (one thousand) tenge.

3. 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

4. The Form is filled out for each class of Islamic insurance.

5. In column 3, the share of net insurance premiums under current Islamic insurance contracts for the class of Islamic insurance in the total volume of net insurance premiums under current Islamic insurance contracts as of the reporting date is indicated.

6. In columns 4, 5, 6, 7 and 8, data for the last 12 (twelve) months preceding the reporting date are indicated.

Appendix 7

to Rules for reporting on compliance with prudential norms by an insurance (reinsurance) organization, insurance group, Islamic insurance (reinsurance) organization, branches of insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan

Form,

intended for the collection of administrative data

Submitted to: National Bank of the Republic of Kazakhstan

The form intended for the collection of administrative data on a gratuitous basis is posted on the website: www.nationalbank.kz

Name of the administrative form: Report on the calculation of the stabilization reserve by an Islamic insurance (reinsurance) organization and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan

Index of the form intended for the collection of administrative data on a gratuitous basis: 7-SR-ISO

Frequency: annual

Reporting period: as of "____" ____________ 20 __ year

List of persons submitting the form intended for the collection of administrative data on a gratuitous basis: Islamic insurance (reinsurance) organization, branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan

Deadline for submitting the form intended for the collection of administrative data on a gratuitous basis: annually, by February 10 (inclusive) of the year following the reporting year

BIN: _______________________

Collection method: in electronic form

(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 to 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 facilities whose activities are associated with the danger of causing harm to third parties
1.8	Insurance of workers against accidents in the performance of their labor (official) duties, including:
1.8.1	Annuity insurance carried out within the framework of mandatory insurance of workers against accidents in the performance of their labor (official) duties	x	x	x	x	x
1.8.2	Pre-pension annuity insurance carried out within the framework of mandatory insurance of workers against accidents in the performance of their labor (official) duties	x	x	x	x	x
1.9	Other types (classes) of Islamic insurance
2	Voluntary Personal Insurance	x	x	x	x	x
2.1	Life insurance, excluding the class specified in line 2.3 of this table, including:	x	x	x	x	x
2.1.1	Accumulative	x	x	x	x	x
2.1.2	Non-accumulative	x	x	x	x	x
2.2	Annuity insurance, excluding the class specified in line 2.4 of this table	x	x	x	x	x
2.3	Life insurance within the state educational accumulative 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	Outbound	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, 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 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, excluding the classes specified in lines 3.8, 3.9, 3.10, 3.11 and 3.12 of this table
3.14	Mortgage insurance
3.15	Guarantee and surety insurance
3.16	Other financial loss insurance
3.17	Losses of financial organizations insurance, excluding the classes specified in lines 3.14, 3.15, 3.16 and 3.17 of this table
3.18	Title insurance
3.19	Court costs insurance
3.20	Other types (classes) of Islamic insurance
4	Total

continuation of the table:

Average 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 and patronymic (if any) signature, phone

Head or person assigned the function of signing the report

---

surname, first name and patronymic (if any) signature

Date «____» ______________ 20__ year

Note: the form is filled out in accordance with the explanation for filling out the form intended for the collection of administrative data on a gratuitous basis, "Report on the calculation of the stabilization reserve by an Islamic insurance (reinsurance) organization and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan"

Appendix

to form, intended for the collection of administrative data on a gratuitous basis, "Report on the calculation of the stabilization reserve by an Islamic insurance (reinsurance) organization and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan"

Explanation for filling out the form intended for the collection of administrative data on a gratuitous basis

"Report on the calculation of the stabilization reserve by an Islamic insurance (reinsurance) organization and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan"

(index – 7-SR-ISO, frequency – annual)

Chapter 1. General Provisions

1. This explanation defines the unified requirements for filling out the form intended for the collection of administrative data on a gratuitous basis, "Report on the calculation of the stabilization reserve by an Islamic insurance (reinsurance) organization and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan" (hereinafter – Form).

2. The Form is compiled annually by an Islamic insurance (reinsurance) organization and branches of Islamic insurance (reinsurance) organizations-non-residents of the Republic of Kazakhstan. Data in the Form are 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.

3. 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

4. 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 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 Methods for Prudential Norms of an Islamic Insurance (Reinsurance) Organization and Other Mandatory Standards and Limits, Requirements for Acquired Islamic Insurance (Reinsurance) Organizations, Subsidiary Organizations of Islamic Insurance (Reinsurance) Organizations 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).

5. The Form is filled out for each class of Islamic insurance, except for all classes of "voluntary personal insurance" and contracts of "annuity insurance carried out within the framework of mandatory insurance of workers against accidents in the performance of their labor (official) duties", "pre-pension annuity insurance carried out within the framework of mandatory insurance of workers against accidents in the performance of their labor (official) duties".

Appendix

to the Resolution of the Board

of the National Bank

of the Republic of Kazakhstan

dated December 2, 2025 No. 85

List of some Resolutions of the Board of the National Bank of the Republic of Kazakhstan that have lost force, as well as structural elements of some Resolutions of the Board of the National Bank of the Republic of Kazakhstan

1. 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, Insurance Group and Islamic Insurance (Reinsurance) Organization and Rules for its Submission" (registered in the Registry of State Registration of Regulatory Legal Acts under No. 19701).

2. Paragraph 3 of the List of some Resolutions of the Board of the National Bank of the Republic of Kazakhstan, to which amendments and additions are made regarding the conduct of currency operations in the Republic of Kazakhstan and the submission of reporting by insurance (reinsurance) organizations, approved by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated July 20, 2020 No. 93 "On Amendments and Additions to Some Resolutions of the Board of the National Bank of the Republic of Kazakhstan on Issues of Conducting Currency Operations in the Republic of Kazakhstan and Submission of Reporting by Insurance (Reinsurance) Organizations" (registered in the Registry of State Registration of Regulatory Legal Acts under No. 21014).

3. Paragraph 7 of the List of some Resolutions of the Board of the National Bank of the Republic of Kazakhstan, to which amendments and additions are made regarding the submission of reporting, approved by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated February 22, 2021 No. 11 "On Amendments and Additions to Some Resolutions of the Board of the National Bank of the Republic of Kazakhstan on Issues of Submission of Reporting and Suspension of the Action of Certain Norms of Some Resolutions of the Board of the National Bank of the Republic of Kazakhstan" (registered in the Registry of State Registration of Regulatory Legal Acts under No. 22309).

4. Resolution of the Board of the National Bank of the Republic of Kazakhstan dated March 2, 2021 No. 25 "On Approval of the List, Forms, Deadlines for Submission of Reporting on Compliance with Prudential Norms by Branches of Insurance (Reinsurance) Organizations-Non-Residents of the Republic of Kazakhstan and Branches of Islamic Insurance (Reinsurance) Organizations-Non-Residents of the Republic of Kazakhstan and Rules for its Submission" (registered in the Registry of State Registration of Regulatory Legal Acts under No. 22330).

5. Paragraph 3 of the List of some Resolutions of the Board of the National Bank of the Republic of Kazakhstan, to which amendments and additions are made regarding the collection of administrative data and submission of reporting, approved by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated April 19, 2021 No. 37 "On Amendments and Additions to Some Resolutions of the Board of the National Bank of the Republic of Kazakhstan on Issues of Collection of Administrative Data and Submission of Reporting" (registered in the Registry of State Registration of Regulatory Legal Acts under No. 22596).

6. Paragraph 2 of the List of some Resolutions of the Board of the National Bank of the Republic of Kazakhstan, to which amendments and additions are made regarding the submission of reporting by participants in the insurance market and securities market, approved by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated February 28, 2022 No. 15 "On Amendments and Additions to Some Resolutions of the Board of the National Bank of the Republic of Kazakhstan on Issues of Submission of Reporting by Participants in the Insurance Market and Securities Market" (registered in the Registry of State Registration of Regulatory Legal Acts under No. 27129).

7. Paragraph 1 of the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated January 23, 2023 No. 3 "On Amendments to Some Resolutions of the Board of the National Bank of the Republic of Kazakhstan on Issues of Submission of Reporting by Participants in the Insurance Market" (registered in the Registry of State Registration of Regulatory Legal Acts under No. 31798).

8. Paragraph 2 of the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated December 25, 2023 No. 99 "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" (registered in the Registry of State Registration of Normative Legal Acts under No. 33849).

9. Paragraph 1 of the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated December 24, 2024 No. 81 "On Amendments and Additions 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" (registered in the Registry of State Registration of Normative Legal Acts under No. 35561).

1. On Approval of the Rules for Reporting on Compliance with Prudential Standards by Insurance (Reinsurance) Organizations, Insurance Groups, Islamic Insurance (Reinsurance) Organizations, Branches of Insurance (Reinsurance) Organizations-Non-Residents of the Republic of Kazakhstan, and Branches of Islamic Insurance (Reinsurance) Organizations-Non-Residents of the Republic of Kazakhstan ↑