Kazakhstan Insurers Sign Partnership with Warren Buffett’s Company


Nomad Insurance, a company from Kazakhstan, has announced a strategic partnership with Berkshire Hathaway Specialty Insurance (BHSI), which is part of the Berkshire Hathaway holding company headed by legendary American investor, businessman and philanthropist, Warren Buffett.

“BHSI, a giant in the insurance and reinsurance industry with a turnover of more than $74.6 billion, is known for its measured and cautious approach to partner selection. The company enters into partnership agreements with only one insurance partner in each of the 178 countries where it operates. This event is especially significant due to the personality of Warren Buffett, who is the chairman and CEO of Berkshire Hathaway,” Nomad Insurance stated.

As representative of the company, Shakir Iminov noted, this is a landmark event for Kazakhstan’s insurance market, which speaks about its growing attractiveness to international investors.