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
Characteristic
Share in Africa's insurance premium
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Insurance Regulatory Authority (Kenya). (September 30, 2019). Distribution of Africa's insurance premiums in 2019, by country [Graph]. In Statista. Retrieved August 25, 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 August 25, 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: August 25, 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 August 25, 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/