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Kenya’s insurance industry recorded strong growth in 2025, with gross direct premiums rising 16.5 per cent to Sh466.58 billion, up from Sh400.59 billion in 2024.
This is according to the Insurance Regulatory Authority's (IRA) 2025 annual insurance industry statistics report for the year ending December 31, 2025, released yesterday.
The performance shows the resilience and expanding contribution of the insurance sector to the protection of Kenyan households, businesses and the wider economy.
Also, insurance penetration, measured as premiums as a share of Gross Domestic Product (GDP), rose to 2.63 per cent from 2.45 per cent in 2024, reaching its highest level since 2016.
