Non-life insurance in Kenya had a share of around 57 percent of the sector, considering the value of turnover generated. In fact, the value of gross direct premium in general business insurance was around 1.2 billion U.S. dollars, against nearly 900 million U.S. dollars in life insurance, which had a market share of 42.7 percent. Among the non-life category, automotive, and health insurance had the highest market participations at 20.4 percent and 18.6 percent, respectively.
Market share of the insurance industry in Kenya as of 2019, by class of business
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Atlas Magazine. (November 23, 2020). Market share of the insurance industry in Kenya as of 2019, by class of business [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1247547/market-share-of-the-insurance-industry-in-kenya-by-class-of-business/
Atlas Magazine. "Market share of the insurance industry in Kenya as of 2019, by class of business." Chart. November 23, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1247547/market-share-of-the-insurance-industry-in-kenya-by-class-of-business/
Atlas Magazine. (2020). Market share of the insurance industry in Kenya as of 2019, by class of business. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1247547/market-share-of-the-insurance-industry-in-kenya-by-class-of-business/
Atlas Magazine. "Market Share of The Insurance Industry in Kenya as of 2019, by Class of Business." Statista, Statista Inc., 23 Nov 2020, https://www.statista.com/statistics/1247547/market-share-of-the-insurance-industry-in-kenya-by-class-of-business/
Atlas Magazine, Market share of the insurance industry in Kenya as of 2019, by class of business Statista, https://www.statista.com/statistics/1247547/market-share-of-the-insurance-industry-in-kenya-by-class-of-business/ (last visited November 22, 2024)
Market share of the insurance industry in Kenya as of 2019, by class of business [Graph], Atlas Magazine, November 23, 2020. [Online]. Available: https://www.statista.com/statistics/1247547/market-share-of-the-insurance-industry-in-kenya-by-class-of-business/