Africa's insurance premium amounted to some 68 billion U.S. dollars in 2019. South Africa had by far the highest participation in the continent, with a share of 69 percent. That corresponded to around 47 billion U.S. dollars in insurance premium value paid by individuals and businesses in the country. Following, Morocco had a share of 6.8 percent, while Kenya's contribution was around 3.3 percent.
Distribution of Africa's insurance premiums in 2019, by country
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Insurance Regulatory Authority (Kenya). (September 30, 2019). Distribution of Africa's insurance premiums in 2019, by country [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1247077/distribution-of-insurance-premiums-in-africa-by-country/
Insurance Regulatory Authority (Kenya). "Distribution of Africa's insurance premiums in 2019, by country." Chart. September 30, 2019. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1247077/distribution-of-insurance-premiums-in-africa-by-country/
Insurance Regulatory Authority (Kenya). (2019). Distribution of Africa's insurance premiums in 2019, by country. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1247077/distribution-of-insurance-premiums-in-africa-by-country/
Insurance Regulatory Authority (Kenya). "Distribution of Africa's Insurance Premiums in 2019, by Country." Statista, Statista Inc., 30 Sep 2019, https://www.statista.com/statistics/1247077/distribution-of-insurance-premiums-in-africa-by-country/
Insurance Regulatory Authority (Kenya), Distribution of Africa's insurance premiums in 2019, by country Statista, https://www.statista.com/statistics/1247077/distribution-of-insurance-premiums-in-africa-by-country/ (last visited November 22, 2024)
Distribution of Africa's insurance premiums in 2019, by country [Graph], Insurance Regulatory Authority (Kenya), September 30, 2019. [Online]. Available: https://www.statista.com/statistics/1247077/distribution-of-insurance-premiums-in-africa-by-country/
