Problems of insurance law and their solution in the legislation of the Republic of Kazakhstan

Relevance. The relevance of the study is explained by the growing interest of the world's legislative systems in regulating the insurance services market, especially in the private law sector market. In particular, the sale by the state to private legal entities of the rights of a claim for the obligations of the Insurance Benefit Guarantee Fund substantially liberalised the insurance services market under study. Purpose. The purpose of the study is to conduct a formal legal analysis of the national insurance legislation of the Republic of Kazakhstan and the use of comparative legal tools to examine promising institutions of insurance legislation in other countries. Methodology. The study used a systematic approach, epistemological tools of cognition, formal legal method. Results. The study on current problems of insurance law in the Republic of Kazakhstan and other countries revealed challenges such as the fragmentation of regulatory frameworks and a lack of public confidence due to undeveloped insurance mechanisms. The legislation amendments introduced in the Republic of Kazakhstan aimed to enhance accessibility, quality, and consumer rights protection in insurance services, focusing on mandatory types like civil liability and optional types such as life insurance and real estate coverage. Conclusions. The results of this study can be used both for further studies on the features of the insurance legislation of the Republic of Kazakhstan and for the regulatory work of legislative authorities, in particular in the field of insurance of construction activities. Keywords: insurance legislation; insurance payments; civil liability insurance; medical insurance; insurance of construction activities