The expansion of agricultural insurance is closely linked to the rising frequency and severity of climate change-related events such as droughts and floods, which have, in recent years, wiped out...
By
Patrick Alushula
Business Reporter
Nation Media Group
Kenyans spent Sh2.04 billion on insurance for crops and livestock, including cattle, maize, poultry, trees, and dogs, last year, nearly doubling uptake and signalling a growing appetite for protection against mounting climate risks.
Insurance penetration in Kenya remains below three percent of gross domestic product, with agricultural coverage accounting for…
Britam Holdings Plc paid Sh97.3 million in climate-related insurance claims in 2025, supporting more than 402,000 farmers and…
For farming families, crop failure means depleted savings, inability to repay loans, children withdrawn from school and increased…
Kenya’s healthcare costs are projected to grow by 13.5 percent in this year, up from 9.8 percent in 2023, according to Aon…
For his part, NIC Insurance Officer Amani Mollel said the corporation continues to educate the public on the importance of…
Climate change is transforming Kenyan banking, forcing lenders to support resilience, not just finance risk.
