Insurance market development will allow Kazakhstan to accelerate GDP growth - R.Grinberg

ALMATY. KAZINFORM - The development of the insurance market and the emergence of strong players will help accelerate GDP growth through investment in the economy. About it today at the Xth International Conference on Risk Management, said R. Grinberg Director of Institute of Economics, RAS. "We have large reserves. Russia and Kazakhstan still have weak insurance market while in developed countries the investments of insurance corporations play an almost decisive role in the dynamics of GDP. We should develop that sector. Strong insurance companies - strong investment in the economy", said R.Grinberg. "GDP growth in our country is not as fast as we would like it to be. Risk management is an area that will accelerate the growth of GDP", said the Chairman of the Board of "Insurance Company "Eurasia" JSC Boris Umanov.