Dynamics of development of the insurance market of the Republic of Kazakhstan for 2020-2022

Insurance is one of the main factors in the development of the economy because it is one of the most important financial instruments for saving and multiplying money and insurance protection. This article analyzes the development of the insurance market of the Republic of Kazakhstan for 2020-2022. Based on the results of the analysis, classes of insurance were identified to have the greatest impact on the volume of insurance payments, and a conclusion was made about the growth of the insurance market of the republic.