AIFC \u00b7 INSURANCE<\/p>\n
Bond Stone advises on AFSA insurance licensing pathways within the AIFC \u2014 effecting and carrying on contracts of insurance, insurance management, insurance intermediation, and Takaful (Islamic insurance) operations.<\/p>\n
The AIFC provides a well-developed insurance regulatory framework under AFSA, modelled on international best practice. International insurers and reinsurers can establish an AIFC-regulated presence to access the Central Asian market \u2014 benefiting from the zero CIT exemption, English common law governance, and AIFC Court dispute resolution.<\/p>\n
Governed by: AIFC Financial Services Framework Regulations; AFSA Insurance Business Rules; AFSA Conduct of Business Rules; AFSA Fees Rules (as amended 1 December 2025). Note: minimum capital for Insurance Management revised by AFSA Notice AFSA-Q-OA-2020-0025. Authority: afsa.aifc.kz<\/a><\/p>\n Effecting Contracts of Insurance<\/p>\n Underwriting insurance contracts as an insurer \u2014 the core insurance activity. Covers general insurance (property, liability, marine) and life insurance. Subject to AFSA Insurance Business Rules and significant capital and solvency margin requirements determined by AFSA on a case-by-case basis.<\/p>\n<\/p><\/div>\n Carrying on Contracts of Insurance<\/p>\n Managing and running off existing insurance contracts \u2014 including claims handling, policy administration, and reserves management for policies previously effected. Often used by run-off specialists and captive managers.<\/p>\n<\/p><\/div>\n Insurance Management<\/p>\n Managing the business of an insurer on its behalf \u2014 policy administration, claims management, underwriting management, and reinsurance arrangement services. Minimum capital requirement revised under AFSA Notice AFSA-Q-OA-2020-0025.<\/p>\n<\/p><\/div>\n Insurance Intermediation<\/p>\n Arranging insurance contracts between insurers and policyholders \u2014 covers insurance brokers, agents, and consultants. A lower capital requirement than direct underwriting, making it an accessible entry point for international insurance intermediaries entering the AIFC market.<\/p>\n<\/p><\/div>\n Operating a Representative Office<\/p>\n Foreign insurance companies may establish a non-commercial representative office within the AIFC for liaison, market research, and marketing purposes \u2014 without obtaining a full insurance licence. A low-cost market entry option before committing to a full AFSA authorisation.<\/p>\n<\/p><\/div>\n Takaful Business<\/p>\n Shariah-compliant insurance \u2014 participants contribute to a mutual indemnity pool. AIFC Takaful framework supports both Family Takaful (life-equivalent) and General Takaful (non-life). Part of the AIFC’s Islamic finance hub strategy for Central Asia.<\/p>\n<\/p><\/div>\n<\/div>\n Why Bond Stone<\/p>\n \u2726 AIFC RLA \u2014 Regulatory & Compliance specialisation<\/p>\n \u2726 Pre-application AFSA engagement \u2014 capital expectation and documentation strategy before formal application<\/p>\n \u2726 Ranked Legal 500 EMEA and IFLR1000 \u2014 offices in Almaty and Astana<\/p>\n<\/div>\n Primary authority: afsa.aifc.kz<\/a><\/p>\n Contact Bond Stone for a confidential discussion about AFSA insurance licensing within the AIFC.<\/p>\n \n\ud83d\udce7 info@bondstonelaw.com<\/a> \nRequest a Confidential Consultation<\/a> AIFC \u00b7 INSURANCE AFSA Licensing \u2014 Insurance Bond Stone advises on AFSA insurance licensing pathways within the AIFC \u2014 effecting and carrying on contracts of insurance, insurance management, insurance intermediation, and Takaful (Islamic insurance) operations. The AIFC provides a well-developed insurance regulatory framework under AFSA, modelled on international best practice. International insurers and reinsurers can […]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-4533","page","type-page","status-publish","hentry"],"translation":{"provider":"WPGlobus","version":"3.0.2","language":"ru","enabled_languages":["en","ru"],"languages":{"en":{"title":true,"content":true,"excerpt":false},"ru":{"title":false,"content":false,"excerpt":false}}},"_links":{"self":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/pages\/4533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/comments?post=4533"}],"version-history":[{"count":3,"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/pages\/4533\/revisions"}],"predecessor-version":[{"id":4567,"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/pages\/4533\/revisions\/4567"}],"wp:attachment":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/media?parent=4533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nInsurance Regulated Activities<\/h2>\n
\nDiscuss your insurance licence<\/h2>\n
\n\ud83d\udcde +7 (701) 729 76 72<\/a>\n<\/p>\n
\n\u2190 AFSA Licensing Hub<\/a>
\nIslamic Finance \u2192<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"