The latest rise in penetration coincided with a shift in the structure of the insurance market.
By
Patrick Alushula
Business Reporter
Nation Media Group
Kenya’s insurance penetration climbed to an eight-year high of 2.63 percent last year, lifted by a sharp rise in life insurance premiums that saw long-term covers overtake general insurance for the first time.
Kenya’s insurance industry recorded strong growth in 2025, with gross direct premiums rising 16.5 per cent to Sh466.58 billion,…
As we await the industry’s final reports and as 2026 gathers momentum, perhaps it is time we revisit the paradox with which we…
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…
Kenya's insurers are increasingly combining investment products with health and life cover to boost insurance uptake, which…
IRA data shows that deposit administration and investments contributed 63 percent of the overall growth in long-term business,…
The rise in the share of the industry’s NSE holding came in the period their value of quoted shares rose 75.4 percent to Sh47.46…
