Kommesk Omir

What Kommesk Omir does

Kommesk Omir, now operating as Centras Life, is Kazakhstan's first life insurance company, founded in 1991 following the country's independence and headquartered in Almaty. It is a joint-stock company (AO "KSZh Centras Life") operating under License No. 2.2.17 issued by the Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan, and is integrated into the Centras Group financial ecosystem. In March 2026, the company rebranded from Kommesk Omir to Centras Life to align with its parent group's branding, while preserving all existing insurance contracts, assets, and obligations. It carries an A.M.Best financial strength rating of B- with a Stable outlook.

The company's product portfolio spans four categories: individual life insurance (Ömir+ accumulation with profit participation, Bata Ömir child-focused savings, Sätti Ömir currency-indexed accumulation, borrower life insurance, and indexed life policies); pension annuities offering lifetime payments with 8% annual indexation and access 8 years earlier than standard retirement; health and accident coverage (accident, COVID-19, and ARVI); and corporate products (mandatory ОСРНС employee accident insurance and ГССЖ group term life). The underlying platform is described as a life insurance and pension annuity platform with an online customer portal for policy management, premium payment, and claims filing.

Revenue is generated through recurring insurance premiums on individual and group life policies, pension annuity contracts, and mandatory corporate insurance products. Distribution is multi-channel: a call center, a domestic agent and broker network across Kazakhstan, and a digital self-service portal. The customer base covers individual consumers seeking savings and protection, corporate employers fulfilling mandatory employee insurance and benefits, and pre-retirement/retiree individuals purchasing lifetime annuity products. Pricing is quote-based and not publicly disclosed.

Name

Kommesk Omir

Legal name

AO "KSZh Centras Life" (АО «КСЖ «Centras Life»)

Website

https://kommesk.kz

Company type

Private

Founded year

1991

Operating status

Operating

Short description

Centras Life (formerly Kommesk Omir) is Kazakhstan's first life insurance company, founded in 1991, offering life insurance, pension annuities, health and accident coverage, and corporate insurance products to individuals and businesses, operating within the Centras Group financial ecosystem.

Ownership category

akta.pro rank

Product category

Life Insurance

NAICS

Direct Life Insurance Carriers (524113), Direct Health and Medical Insurance Carriers (524114)

SIC

Life Insurance (6311), Accident & Health Insurance (6321)

akta.pro primary industry

Whole Life Insurance (FSAIABAA)

akta.pro secondary industries

Immediate Income Annuities (SPIA) (FSAIACAE), Basic Group Term Life (Employer-Paid) (FSAIADAA)

Keywords

• Life insurance
• Pension annuity
• Health insurance
• Group term life insurance
• Mandatory worker accident insurance

Headquarters

HQ city

Batyr

HQ country

Kazakhstan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Life Insurance Premiums: Collection of insurance premiums from individual and group life insurance policies, including accumulated insurance with profit participation, currency-indexed policies, and borrower life insurance.
2. Pension Annuity: Pension annuity products providing lifetime payments to policyholders, featuring 8% annual indexing and early pension access (8 years earlier than standard retirement age).
3. Health and Accident Insurance: Short-term insurance products covering accident, COVID-19, and ARVI medical events.
4. Corporate Employee Insurance: Mandatory employee accident insurance (ОСРНС) and group life insurance (ГССЖ) for businesses.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Kommesk Omir (operating as Centras Life since March 2026) is a Kazakhstan-based life insurance company offering accumulation life insurance, pension annuities, accident and health insurance, and corporate employee coverage products. Its portfolio includes individual savings-linked policies (Omir Plus, Bata Omir, Satti Omir), borrower life insurance, indexed life insurance, pension annuities with 8% annual indexation and early retirement access, accident/COVID/ARVI coverage, and mandatory and group employee insurance for businesses.

Product overview

Kommesk Omir (now Centras Life) operates as a life insurance company in Kazakhstan offering a unified platform of insurance products. The product portfolio consists of four main categories: Life insurance products (Өмір+, Бата Өмір, Сәтті Өмір, borrower life insurance, and indexed life insurance); Pension products (Pension annuity with lifetime payments and annual 8% indexation); Health insurance (accident, COVID, and acute respiratory infection coverage); and Business insurance (mandatory worker accident insurance and group term life insurance). The company also provides loyalty program (Өмір Club), online policy management, and financial education resources through its digital platform.

Differentiator

Problem solved

Functional benefit

Brands

• Ömir Plus (Өмір+): Accumulated life insurance with profit participation
• Bata Ömir (Бата Өмір)
• Sätti Ömir (Сәтті Өмір)
• Ömir Club (Өмір Club)
• Pension Annuity (Пенсионный аннуитет)

Products and services

• Omir Plus (Өмір+) Accumulation life insurance with profit participation, providing savings and insurance protection with annual dividend payments for individual policyholders.
• Bata Omir (Бата Өмір) Accumulation life insurance for the benefit of a child, providing financial security and savings for a child's future.
• Satti Omir (Сәтті Өмір) Currency-based accumulation life insurance with annual 8% indexing and profit participation features, providing foreign-currency-denominated savings with insurance protection.
• Borrower Life Insurance (Страхование жизни заёмщика) Life insurance for borrowers covering outstanding loan balances in the event of an insured event, protecting repayment obligations.
• Indexed Life Insurance (Страхование жизни с индексацией) Life insurance with annual indexation, providing protection against inflation by increasing coverage amounts over time.
• Pension Annuity (Пенсионный аннуитет) Pension annuity providing lifetime pension payments, allowing access 8 years earlier than standard retirement age, with annual 8% indexation and dividend payments upon contract signing.
• Accident Insurance (Страхование от несчастного случая) Accident insurance providing financial protection against injuries and accidents for individuals.
• COVID-19 Insurance (Страхование от COVID) Insurance coverage for COVID-19 related health events for individuals.
• ARVI Insurance (Страхование от ОРВИ) Insurance coverage for acute respiratory viral infections (ARVI) for individuals.
• Mandatory Worker Accident Insurance (ОСРНС) Mandatory employee accident insurance as required by Kazakhstan law, offered to corporate/employer clients.
• Group Term Life Insurance (ГССЖ) Group term life insurance for businesses covering multiple employees under a single policy, used as part of employee benefits packages.

Quantifiable outcome

• Pension payments available 8 years earlier than standard retirement age
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Centras GroupcoreStrategic or Co-development PartnerCentras Life operates as an integral part of the Centras Group ecosystem. The company describes itself as 'part of the Centras Group' and benefits from the broader financial group's infrastructure, brand association, and cross-selling opportunities. The rename from Kommesk Omir to Centras Life aligns the company with the group branding.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Allianz Life: International life and health insurance arm of Allianz, present across many emerging markets. Relevant as a benchmark peer for life-and-pension product design and for cross-border re/insurer partnership dynamics.
• AXA: Global insurance and asset-management group with life, savings, and pension businesses worldwide. Comparable in product mix (life, pension, health) though at a much larger, more diversified scale than Centras Life.
• Prudential Financial: Global life insurance and retirement-services incumbent operating across Asia and other emerging markets. Comparable in annuity and life-with-profit-participation product mechanics, albeit at vastly larger scale.
• Manulife: Global life insurer with significant Asia-segment focus on accumulation and retirement products. Comparable annuity and insurance-with-profit-participation mechanics that Centras Life applies in Kazakhstan.
• MetLife: Global life insurance and annuity giant with extensive operations across emerging markets. Demonstrates the scalable life-insurance + annuity model that Centras Life operates in a localized form, useful as a strategic and benchmark peer.

Direct peers

• Standard Life Kazakhstan: Kazakhstan life insurance operator providing individual and group life coverage. Same regulatory, geographic, and product footprint as Centras Life, making it a direct competitor in the domestic market.
• Eurasia Life Insurance: Kazakhstan-licensed life insurance carrier offering individual and group life products. Operates within the same domestic regulatory framework and customer base as Centras Life, making it a directly competing peer.
• Halyk Life Insurance: Kazakhstan life insurer operating under the Halyk Bank group, selling individual life, pension, and group coverage products. Directly comparable to Centras Life given its overlapping product mix, domestic distribution, and similar regulatory positioning.
• Kazkommerts Life Insurance: Kazakhstan-based life insurer affiliated with one of the country's major banks, offering similar life and annuity products. Comparable in scale, distribution model, and product structure to Centras Life.
• Nomad Life Insurance: Domestic Kazakhstan life insurance carrier focused on individual and corporate life products. Directly competes with Centras Life for the same Kazakhstani customers under the same regulatory regime.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/kommesk_omir
• LinkedInlinkedin.com/company/jsc-insurance-company-kommesk-omir-

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kommesk Omir