RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of December 2, 2025 No. 85

About approval of Rules of submission of the reporting on accomplishment of prudential standard rates by the insurance (reinsurance) organization, insurance group, the Islamic insurance (reinsurance) organization, branches of the insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan and branches of the Islamic insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan

According to the subitem 48) of paragraph two of part two of Item 19 of the Regulations on National Bank of the Republic of Kazakhstan approved by the Presidential decree of the Republic of Kazakhstan of December 31, 2003 No. 1271 "About approval of the Provision and structure of National Bank of the Republic of Kazakhstan" the subitem 2) of Item 3 of article 16 of the Law of the Republic of Kazakhstan "About the state statistics" the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of submission of the reporting on accomplishment of prudential standard rates by the insurance (reinsurance) organization, insurance group, the Islamic insurance (reinsurance) organization, branches of the insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan and branches of the Islamic insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan.

2. Recognize invalid some resolutions of Board of National Bank of the Republic of Kazakhstan, and also structural elements of some resolutions of Board of National Bank of the Republic of Kazakhstan according to the list according to appendix to this resolution.

3. To provide to department of statistics of the financial market of National Bank of the Republic of Kazakhstan in the procedure established by the legislation of the Republic of Kazakhstan:

1) together with Legal department of National Bank of the Republic of Kazakhstan state registration of this resolution in the Ministry of Justice of the Republic of Kazakhstan;

2) placement of this resolution on official Internet resource of National Bank of the Republic of Kazakhstan after its official publication;

3) within ten working days after state registration of this resolution submission to Legal department of National Bank of the Republic of Kazakhstan of data on execution of the action provided by the subitem 2) of this Item.

4. To impose control of execution of this resolution on the supervising vice-chairman of National Bank of the Republic of Kazakhstan.

5. This resolution becomes effective after ten calendar days after day of its first official publication.

It is approved Bureau of national statistics of the Agency on strategic planning and reforms of the Republic of Kazakhstan

It is approved Agency of the Republic of Kazakhstan on regulation and development of the financial market

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

Rules of submission of the reporting on accomplishment of prudential standard rates by the insurance (reinsurance) organization, insurance group, Islamic insurance (reinsurance) organization, branches of the insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan and branches of the Islamic insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan

Chapter 1. General provisions

1. Rules of submission of the reporting on accomplishment of prudential standard rates by the insurance (reinsurance) organization, insurance group, the Islamic insurance (reinsurance) organization, branches of the insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan and branches of the Islamic insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan (further – Rules) are developed according to the subitem 48) of paragraph two of part two of Item 19 of the Regulations on National Bank of the Republic of Kazakhstan approved by the Presidential decree of the Republic of Kazakhstan of December 31, 2003 No. 1271 "About approval of the Provision and structure of National Bank of the Republic of Kazakhstan" the subitem 2) of Item 3 of article 16 of the Law of the Republic of Kazakhstan "About the state statistics" and determine procedure for representation, including the forms intended for collection of administrative data frequency and terms of submission of the reporting on accomplishment of prudential standard rates by the insurance (reinsurance) organization, insurance group, the Islamic insurance (reinsurance) organization, branches of the insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan and branches of the Islamic insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan (further – the organizations) in National Bank of the Republic of Kazakhstan (further – National Bank).

Chapter 2. Procedure for submission of the reporting

2. The reporting on accomplishment of prudential standard rates is submitted the organizations in electronic form by means of the information system "Web Portal of National Bank of the Republic of Kazakhstan" representing single window of access to services of submission of the reporting to National Bank.

3. The reporting on accomplishment of prudential standard rates certified by the digital signature of the head of the organization or person to who function on signing of the report, and the contractor is assigned is stored in electronic format.

4. Completeness and accuracy of the data in the reporting on accomplishment of prudential standard rates are provided with the head of the organization or person to who function on signing of the report is assigned.

5. Data on normative values, the method of calculation of prudential standard rates of the members of insurance group who are nonresidents of the Republic of Kazakhstan, established by regulatory legal acts of authorized body of the relevant state regulating their activities in the country of their stay are attached to the report on accomplishment of the standard rate of sufficiency of margin of solvency of insurance group.

6. The unit of measure used in case of creation of the reporting on accomplishment of prudential standard rates of the organization is established in thousands of tenges. The amount less than 500 (five hundred) tenges in the report is rounded to 0 (zero), and the amount of equal 500 (five hundred) tenges is rounded to 1000 (one thousand) tenges also above.

7. Standard rates of sufficiency of highly liquid assets, margins of solvency and standard rates of asset diversification covering insurance reserves are rounded to the 100-th. If the rounded value of standard rates of sufficiency of highly liquid assets and margins of solvency less than 1 (units) or the rounded value of standard rates of diversification is higher than values, stipulated in Item 42 Normative values and techniques of calculations of prudential standard rates of the insurance (reinsurance) organization and insurance group and other regulations, obligatory to observance, and limits set by the resolution of Board of National Bank of the Republic of Kazakhstan of December 26, 2016 No. 304 "About establishment of normative values and techniques of calculations of prudential standard rates of the insurance (reinsurance) organization and insurance group and other regulations and limits, requirements, obligatory to observance, to the shares acquired by the insurance (reinsurance) organizations, the affiliated organizations of the insurance (reinsurance) organizations or insurance holdings (to shares in the authorized capital) legal entities, the list of bonds of international financial institutions, acquired by insurance holdings, the minimum required rating for the bonds acquired by insurance holdings and the list of rating agencies, and also the list of the financial instruments (except for shares and shares in the authorized capital) acquired by the insurance (reinsurance) organizations" (it is registered in the Register of state registration of regulatory legal acts at No. 14794), and Item 37 of Normative values and techniques of calculations of prudential standard rates of the Islamic insurance (reinsurance) organization and other regulations, obligatory to observance, and the limits set by the resolution of Board of National Bank of the Republic of Kazakhstan of January 31, 2019 No. 14 "About establishment of normative values and techniques of calculations of prudential standard rates of the Islamic insurance (reinsurance) organization and other regulations and limits, obligatory to observance, requirements to the shares acquired by the Islamic insurance (reinsurance) organizations, the affiliated organizations of the Islamic insurance (reinsurance) organizations (to shares in the authorized capital) legal entities, and also the list of the financial instruments (except for shares and shares in the authorized capital) acquired by the Islamic insurance (reinsurance) organizations" (it is registered in the Register of state registration of regulatory legal acts at No. 18293), the specified standard rates are considered as broken.

8. The organizations daily perform monitoring of rating estimates on each security, the issuer, the reinsurance organization, the Islamic reinsurance organization, bank of the second level, and also the category of securities of Kazakhstan stock exchange joint-stock company and (or) securities admitted to public trading on the stock exchange functioning in the territory of the International financial center "Astana" (further – stock exchanges). During the implementing of calculations and submission of reports rating assessment and category of securities of stock exchanges as of the end of the accounting period is used.

9. Techniques of calculations of prudential standard rates of branch of the insurance (reinsurance) nonresident organization of the Republic of Kazakhstan, branch of the Islamic insurance (reinsurance) nonresident organization of the Republic of Kazakhstan and other regulations and limits, obligatory to observance, are determined according to the resolution of Board of the Agency of the Republic of Kazakhstan by regulation and development of the financial market of February 17, 2021 No. 32 "About establishment of normative values and techniques of calculations of prudential standard rates of branch of the insurance (reinsurance) nonresident organization of the Republic of Kazakhstan, branch of the Islamic insurance (reinsurance) nonresident organization of the Republic of Kazakhstan and other regulations and limits, obligatory to observance, including procedure for forming of assets of branch of the insurance (reinsurance) nonresident organization of the Republic of Kazakhstan, branch of the Islamic insurance (reinsurance) nonresident organization of the Republic of Kazakhstan, accepted as reserve, and their minimum size" (it is registered in the Register of state registration of regulatory legal acts at No. 22231).

10. Represent to National Bank of the organization:

1) the report on accomplishment of prudential standard rates by the insurance (reinsurance) organization and branches of the insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan on form according to appendix 1 to Rules;

2) the report on calculation of reserve of unforeseen risks the insurance (reinsurance) organization and branches of the insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan in form according to appendix 2 to Rules;

3) the report on calculation of stabilization reserve the insurance (reinsurance) organization and branches of the insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan in form according to appendix 3 to Rules;

4) the report on accomplishment of the standard rate of sufficiency of margin of solvency of insurance group on form according to appendix 4 to Rules;

5) the report on accomplishment of prudential standard rates by the Islamic insurance (reinsurance) organization and branches of the Islamic insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan on form according to appendix 5 to Rules;

6) the report on calculation of reserve of unforeseen risks the Islamic insurance (reinsurance) organization and branches of the Islamic insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan in form according to appendix 6 to Rules;

7) the report on calculation of stabilization reserve the Islamic insurance (reinsurance) organization and branches of the Islamic insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan in form according to appendix 7 to Rules.

11. The report on accomplishment of the standard rate of sufficiency of margin of solvency of insurance group includes form according to appendix 4 to Rules, and also calculations of the minimum size of margin of solvency (equity) for members of insurance group according to the Table of the assets of bank weighed on degree of credit risk of investments according to appendix 4 to Rules and the Table of the contingent and possible obligations of bank weighed on degree of credit risk according to appendix 6 to the Normative values and techniques of calculations of prudential standard rates and other regulations and limits, obligatory to observance, the size of the capital of bank for certain date established by the resolution of Board of National Bank of the Republic of Kazakhstan of September 13, 2017 No. 170 "About establishment of normative values and techniques of calculations of prudential standard rates and other regulations and limits, obligatory to observance, the size of the capital of bank and Rules of calculation and limits of open foreign exchange position" (it is registered in the Register of state registration of regulatory legal acts at No. 15886).

12. The insurance (reinsurance) organizations and branches of the insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan represent to National Bank of the Republic of Kazakhstan in electronic format:

1) monthly, no later than 6 (sixth) working days of the month following month under report, the reporting under form according to appendix 1 to Rules;

2) quarterly, no later than 6 (sixth) working days of the month following reporting quarter, the reporting under form according to appendix 2 to Rules;

3) annually, to 10 on the (tenth) of February the year following after accounting year, the reporting under form according to appendix 3 to Rules.

13. The parent organization of insurance group represents to National Bank of the Republic of Kazakhstan in electronic format the reporting under form according to appendix 4 to Rules:

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

for the fourth quarter of the expired year, not later 1 on the (first) of April the year following reporting quarter.

14. The Islamic insurance (reinsurance) organizations and branches of the Islamic insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan represent to National Bank of the Republic of Kazakhstan in electronic format:

1) monthly, no later than 6 (sixth) working days of the month following month under report, the reporting under form according to appendix 5 to Rules;

2) quarterly, no later than 6 (sixth) working days of the month following reporting quarter, the reporting under form according to appendix 6 to Rules;

3) annually, to 10 on the (tenth) of February the year following after accounting year, the reporting under form according to appendix 7 to Rules.

Appendix 1

to Rules of submission of the reporting on accomplishment of prudential standard rates by the insurance (reinsurance) organization, insurance group, the Islamic insurance (reinsurance) organization, branches of the insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan and branches of the Islamic insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan

The form intended for collection of administrative data

It is represented: in National Bank of the Republic of Kazakhstan

The form intended for collection of administrative data on a grant basis is placed on Internet resource: www.nationalbank.kz

Name of administrative form: report on accomplishment of prudential standard rates by the insurance (reinsurance) organization and branches of the insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan

Index of the form intended for collection of administrative data on a grant basis: 1 – PN_SO

Frequency: monthly

Accounting period: as of "____" ____________ 20 ___ years

The group of people, representing the form intended for collection of administrative data on a grant basis: insurance (reinsurance) organization, branches of the insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan

The term of representation of the form intended for collection of administrative data on a grant basis: monthly, no later than 6 (sixth) working days of the month following month under report

BIN: _______________________

Collection method: in electronic form

Table 1. Data on accomplishment of prudential standard rates by the insurance (reinsurance) organization and branches of the insurance (reinsurance) nonresident organizations of the Republic of Kazakhstan

№	Name of the standard rate	Measure value
1	2	3
1	Standard rate of sufficiency of margin of solvency (1.1/1.2)
1.1	Actual margin of solvency (1.3 + 1.4 or 1.8 smallest size) (in thousands of tenges)
1.2	The minimum size of margin of solvency ("400") (in thousands of tenges)
1.3	Intermediate result of calculation of actual margin of solvency ("100") (in thousands of tenges)
1.4	The amount included in calculation of actual margin of solvency ("200") (in thousands of tenges)
1.5	Total assets taking into account their classification by quality and liquidity ("12000") (in thousands of tenges)
1.6	Insurance reserves minus share of the overcautious person ("13000") (in thousands of tenges)
1.7	Obligations, except for the amounts of insurance reserves ("14000") (in thousands of tenges)
1.8	The actual margin of solvency calculated taking into account classification of assets by quality and liquidity (1.5 – 1.6 – 1.7) (in thousands of tenges)
2	Total book value of investments into securities (taking into account transactions "the return repo") which deposits and money in one bank of the second level having long-term credit rating are not lower than "VV-" on the international scale of the Standard & Poor agency "s (Standard and Purs) or the rating of similar level of one of other rating agencies, or ND1-1) which is affiliated resident bank of the Republic of Kazakhstan which parent nonresident bank of the Republic of Kazakhstan has long-term credit rating in foreign currency not below "And -" the Standard & Poor agencies "of s (Standard and Purs) or the rating of similar level of one of other rating agencies, and affiliates of this bank, Development bank of Kazakhstan and its affiliates (the standard rate of asset diversification (further – ND), the Normative values and techniques of calculations of prudential standard rates of the insurance (reinsurance) organization and insurance group and other regulations, obligatory to observance, conforming to requirements of the subitem 1) of Item 42 and limits set by the resolution of Board of National Bank of the Republic of Kazakhstan of December 26, 2016 No. 304 "About establishment of normative values and techniques of calculations of prudential standard rates of the insurance (reinsurance) organization and insurance group and other regulations and limits, requirements, obligatory to observance, to the shares acquired by the insurance (reinsurance) organizations, the affiliated organizations of the insurance (reinsurance) organizations or insurance holdings (to shares in the authorized capital) legal entities, the list of bonds of the international financial institutions acquired by insurance holdings, the minimum required rating for the bonds acquired by insurance holdings and the list of rating agencies and also the list of the financial instruments (except for shares and shares in the authorized capital) acquired by the insurance (reinsurance) organizations" (it is registered in the Register of state registration of regulatory legal acts at No. 14794) (further – Standard rates): since January 1, 2023 – no more than 30 (thirty) percent from the amount of the general insurance reserves calculated according to the Requirements to forming, method of calculation of insurance reserves and their structure approved by the resolution of Board of National Bank of the Republic of Kazakhstan of January 31, 2019 No. 13 (it is registered in the Register of state registration of regulatory legal acts at No. 18290) (further – Requirements to forming, method of calculation of insurance reserves and their structure); since January 1, 2024 – no more than 20 (twenty) percent from the amount of the general insurance reserves calculated according to Requirements to forming, method of calculation of insurance reserves and their structure.
3	Total book value of investments into securities (taking into account transactions "the return repo"), deposits and money in one bank of the second level having long-term credit rating from "In" to "In +" on the international scale of the Standard & Poor agency "s (Standard and Purs) or the rating of similar level of one of other rating agencies, and affiliates of this bank (ND1-2), Standard rates conforming to requirements of the subitem 2) of Item 42: since January 1, 2023 – no more than 20 (twenty) percent from the amount of the general insurance reserves calculated according to Requirements to forming, method of calculation of insurance reserves and their structure; since January 1, 2024 – no more than 15 (fifteen) percent from the amount of the general insurance reserves calculated according to Requirements to forming, method of calculation of insurance reserves and their structure.
4	Total book value of investments into securities (taking into account transactions "the return repo"), deposits and money in one bank of the second level having long-term credit rating "In -" on the international scale of the Standard & Poor agency "s (Standard and Purs) or the rating of similar level of one of other rating agencies, and affiliates of this bank (ND1-3), Standard rates conforming to requirements of the subitem 3) of Item 42: since January 1, 2023 – no more than 20 (twenty) percent from the amount of the general insurance reserves calculated according to Requirements to forming, method of calculation of insurance reserves and their structure; since January 1, 2024 – no more than 10 (ten) percent from the amount of the general insurance reserves calculated according to Requirements to forming, method of calculation of insurance reserves and their structure.
5	Total book value of investments into securities (taking into account transactions "the return repo") and money in one legal entity, not being bank of the second level, except for Development bank of Kazakhstan, and affiliates of this legal entity (ND2): since January 1, 2023 – no more than 20 (twenty) percent from the amount of the general insurance reserves calculated according to Requirements to forming, method of calculation of insurance reserves and their structure; since January 1, 2024 – no more than 10 (ten) percent from the amount of the general insurance reserves calculated according to Requirements to forming, method of calculation of insurance reserves and their structure.
6	Total book value of investments into securities (taking into account transactions "the return repo") and money in one legal entity who is entering the list of the national companies approved by the Order of the Government of the Republic of Kazakhstan of April 6, 2011 No. 376 "About approval of the list of national managing holdings, national holdings, national companies" and having long-term credit rating is not lower than "BBB-" on the international scale of Standard & Poor rating agency "s (Standard and Purs) or the rating of similar level of one of other rating agencies, and affiliates of this legal entity (ND3) – no more than 20 (twenty) percent from the amount of the general insurance reserves calculated according to Requirements to forming, method of calculation of insurance reserves and their structure.
7	Total placement in the affined precious metals and metal accounts (ND4) – no more than 10 (ten) percent from the amount of the general insurance reserves calculated according to Requirements to forming, method of calculation of insurance reserves and their structure.
8	The total size of loans to insurers of the insurance (reinsurance) organization performing activities for industry "life insurance" (ND5) – no more than 10 (ten) percent from the amount of the general insurance reserves calculated according to Requirements to forming, method of calculation of insurance reserves and their structure.
9	Total book value of investments into the securities (taking into account transactions "the return repo") having the status state, issued by the central government of the foreign state having rating is not lower than "A-" on the international scale of rating agency Standard and Purs (Standard & Poor "s) or the rating of similar level of one of other rating agencies, (ND6) – no more than 10 (ten) percent from the amount of the general insurance reserves calculated according to Requirements to forming, method of calculation of insurance reserves and their structure
10	Total book value of investments into the securities (taking into account transactions "the return repo") having the status state, issued by the central government of the foreign state having rating is lower than "A-" on the international scale of rating agency Standard and Purs (Standard & Poor "s) or the rating of similar level of one of other rating agencies, (ND6-1) - no more than 5 (five) percent from the amount of the general insurance reserves calculated according to Requirements to forming, method of calculation of insurance reserves and their structure
11	Total book value of investments into securities (taking into account transactions "the return repo") international financial institution which is included into the list, stipulated in Item 39 Standard rates (ND7) – no more than 20 (twenty) percent from the amount of the general insurance reserves calculated according to Requirements to forming, method of calculation of insurance reserves and their structure.
12	Total book value of investments into the shares conforming to requirements of subitems 23) and 24) of Item 38 of Standard rates less reserve under impairment (ND8) – no more than 10 (ten) percent from the amount of the general insurance reserves calculated according to Requirements to forming, method of calculation of insurance reserves and their structure.
13	Total book value of investments into shares of open and interval mutual investment funds, less reserve under impairment (ND8-1) – no more than 10 (ten) percent from the amount of the general insurance reserves calculated according to Requirements to forming, method of calculation of insurance reserves and their structure.
14	Total book value of investments into the debt securities issued by local executive bodies of the Republic of Kazakhstan taking into account the amounts of principal debt and the added remuneration, less reserve under impairment (ND9) – no more than 10 (ten) percent from the amount of the general insurance reserves calculated according to Requirements to forming, method of calculation of insurance reserves and their structure.
15	Total book value of investments into the instruments of Islamic financing conforming to requirements of subitems 25) and 26) of Item 38 of Standard rates less reserve under impairment (ND10) – no more than 10 (ten) percent from the amount of the general insurance reserves calculated according to Requirements to forming, method of calculation of insurance reserves and their structure.
16	Information on accomplishment of the standard rate of sufficiency of highly liquid assets ("Yes" or "No")
17	Information on accomplishment of the amount of own deduction of the insurance (reinsurance) organization on the agreement (agreements) of insurance, reinsurance, joint insurance (joint reinsurance) ("Yes" or "No")

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