Top 10 Insurance Companies In Kenya By Premiums In 2020

Insurance Companies In Kenya By Premiums

TweetShareSharePin11 SharesThe Kenyan insurance industry is one of the fastest-growing markets on the entire African continent. The total gross premiums collected have risen from KSh 131 billion in 2015 to KSh 173 billion with life insurance being the faster-growing segment compared to the general business line. It is the biggest in East Africa, 5 times bigger than the second-largest market Tanzania. Similarly, insurance penetration is significantly higher at 2.8% with Rwanda coming in at second with 1.6%. Kenya is number 5 in Africa behind South Africa, Namibia, Mauritius, and Morocco.…

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