of February 14, 2022 No. 1
About introduction of amendments to the resolution of Board of National Bank of the Republic of Kazakhstan of April 27, 2018 No. 75 "About establishment of the factors influencing deterioration in financial position of the insurance (reinsurance) organization, insurance group and branch of the insurance (reinsurance) organization - the nonresident of the Republic of Kazakhstan, and also approval of Rules of approval of the actions plan providing measures of early reaction, and the Technique of determination of the factors influencing deterioration in financial position of the insurance (reinsurance) organization (insurance group) and branch of the insurance (reinsurance) organization - the nonresident of the Republic of Kazakhstan"
Board of the Agency of the Republic of Kazakhstan on regulation and development of the DECIDES: financial market
1. Bring in the resolution of Board of National Bank of the Republic of Kazakhstan of April 27, 2018 No. 75 "About establishment of the factors influencing deterioration in financial position of the insurance (reinsurance) organization, insurance group and branch of the insurance (reinsurance) organization - the nonresident of the Republic of Kazakhstan, and also approval of Rules of approval of the actions plan providing measures of early reaction, and the Technique of determination of the factors influencing deterioration in financial position of the insurance (reinsurance) organization (insurance group) and branch of the insurance (reinsurance) organization - the nonresident of the Republic of Kazakhstan" (it is registered in the Register of state registration of regulatory legal acts at No. 16944) the following changes:
state Item 2 in the following edition:
"2. Establish the following factors influencing deterioration in financial position of insurance group:
1) decrease in the standard rate of sufficiency of margin of solvency of insurance group;
2) unprofitable activities of insurance group;
3) exceeding of amount of transactions between members of insurance group.";
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