Kazakhstan: Insurance

Project finance transactions involving Kazakhstan insurance organisations present unique challenges when foreign lenders seek to create comprehensive security packages. This article examines the Reinsurance Assignment Deed (RAD), an instrument widely used in international practice but novel in the Kazakhstan market, analyzing its structure under English law and the critical Kazakhstan law considerations that arise despite the choice of foreign governing law.

Following the publication of Part 1, which outlined the AIFC's governance model, legal framework and company registration processes, this second part continues the discussion...

What is the main legislation and international treaties governing the project financing in your jurisdiction?