Kenya Insurance Industry Trends and Opportunities to
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Published: July 2013
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Kenya Insurance Market
The Kenyan insurance industry grew in written premium value at a CAGR of 18.6% during the review
period. The growth was mainly contributed to by the non-life insurance segment, which accounted
for 50.9% of total Kenyan insurance written premiums in 2012. Steady growth of Kenyan economy
and ongoing reforms are expected to support the growth. Kenya’s information technology and
mobile payment systems have also undergone a recent transformation and the country now has M-
Pesa (launched in 2008), one of the most developed mobile payment systems. Insurance companies
have used this technology, introducing a platform called M-BIMA by CIC Insurance.
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The Kenyan insurance industry’s growth prospects by insurance segments and categories
The competitive landscape in the Kenyan insurance industry
The current trends and drivers of the Kenyan insurance industry
The challenges facing the Kenyan insurance industry
The regulatory framework of the Kenyan insurance industry
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Kenya Insurance Market
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