The value of gross direct insurance premium in Kenya increased to nearly 233.1 billion Kenyan shillings (KSh), around 2.1 billion U.S. dollars, in 2020. In the preceding year, a value of approximately 228 billion KSh (two billion U.S. dollars) was registered. Overall, the amount paid by insured individuals and businesses has increased in the country. Kenya has a share of 2.2 percent in Africa's insurance market.
Value of gross direct premium in Kenya's insurance industry from 2016 to 2020
(in billion Kenyan shillings)
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Insurance Regulatory Authority (Kenya). (August 31, 2021). Value of gross direct premium in Kenya's insurance industry from 2016 to 2020 (in billion Kenyan shillings) [Graph]. In Statista. Retrieved November 13, 2024, from https://www.statista.com/statistics/1247108/gross-direct-insurance-premiums-in-kenya/
Insurance Regulatory Authority (Kenya). "Value of gross direct premium in Kenya's insurance industry from 2016 to 2020 (in billion Kenyan shillings)." Chart. August 31, 2021. Statista. Accessed November 13, 2024. https://www.statista.com/statistics/1247108/gross-direct-insurance-premiums-in-kenya/
Insurance Regulatory Authority (Kenya). (2021). Value of gross direct premium in Kenya's insurance industry from 2016 to 2020 (in billion Kenyan shillings). Statista. Statista Inc.. Accessed: November 13, 2024. https://www.statista.com/statistics/1247108/gross-direct-insurance-premiums-in-kenya/
Insurance Regulatory Authority (Kenya). "Value of Gross Direct Premium in Kenya's Insurance Industry from 2016 to 2020 (in Billion Kenyan Shillings)." Statista, Statista Inc., 31 Aug 2021, https://www.statista.com/statistics/1247108/gross-direct-insurance-premiums-in-kenya/
Insurance Regulatory Authority (Kenya), Value of gross direct premium in Kenya's insurance industry from 2016 to 2020 (in billion Kenyan shillings) Statista, https://www.statista.com/statistics/1247108/gross-direct-insurance-premiums-in-kenya/ (last visited November 13, 2024)
Value of gross direct premium in Kenya's insurance industry from 2016 to 2020 (in billion Kenyan shillings) [Graph], Insurance Regulatory Authority (Kenya), August 31, 2021. [Online]. Available: https://www.statista.com/statistics/1247108/gross-direct-insurance-premiums-in-kenya/