SPECIFIC FEATURES OF THE REGULATION OF INSURANCE TYPES UNDER THE INSURANCE LEGISLATION OF THE REPUBLIC OF KAZAKHSTAN

Abstract

       The relevance of this research lies in the analysis of the legal regulation of insurance types in the legislation of the Republic of Kazakhstan, the study of the socio-economic and legal content of insurance, as well as the examination of theoretical aspects of the legal regulation of insurance services. All these issues are driven by modern requirements. The legal regulation of insurance types in Kazakhstan contributes to ensuring social protection of citizens, maintaining economic stability, and developing the digital insurance system. The article uses methods of statistical analysis, analogy and generalization, as well as formal legal and formal logical approaches. The study revealed the features of the evolution of the legal formation of the insurance system in Kazakhstan, as well as the problems characteristic of the current stage of its functioning. A well-organized and effective insurance system is characterized by the ability to adapt to changing conditions and environmental factors. To do this, it is necessary to constantly evaluate the work of the insurance system and compare it with similar systems in other countries. Special attention was paid to the comparative legal analysis of the insurance system of Kazakhstan with other countries–Latvia, as a result of which promising ways of improving the insurance system of Kazakhstan were identified. The study also delves into the analysis of existing opinions and concepts of scientists on this issue. The study of various points of view has allowed for a deeper understanding of the complexity of this phenomenon and possible ways to improve Kazakhstan's insurance system in modern realities.   In addition, they can serve as a basis for making proposals and amendments to the current legislation of the Republic of Kazakhstan.

The purpose of the scientific research is to improve insurance services in a competitive environment and adapt insurance to international standards. This plays a crucial role in the development of the country's insurance market. The article analyzes the legal regulation of insurance types in the Republic of Kazakhstan. It examines mandatory and voluntary insurance, the digitalization of insurance services, and prospects for the development of the insurance market. A comparative analysis of domestic and international regulatory legal acts was conducted in the study.

Keywords: insurance, mandatory insurance, voluntary insurance, insurance legislation, digital insurance, insurance market, corporate insurance.