CIC General had the largest market share in Kenya's non-life insurance industry. The company had a turnover of 103.1 million U.S. dollars in 2019, which corresponded to around 8.1 percent of the value of gross direct premium in general business insurance collected that year in the country. APA Insurance and UAP Insurance followed closely. Each company had a market share of approximately seven percent. In 2019, the value of gross direct premium in non-life insurance was around 1.2 billion U.S. dollars.
Market share of the non-life insurance industry in Kenya as of 2019, by company
* According to the source, in 2019, Jubilee was split into "Jubilee General Insurance Limited" and "Jubilee Health Insurance Limited"
** Includes companies with a share smaller than two percent.
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Atlas Magazine. (November 24, 2020). Market share of the non-life insurance industry in Kenya as of 2019, by company [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1247585/market-share-of-the-insurance-industry-in-kenya-by-company/
Atlas Magazine. "Market share of the non-life insurance industry in Kenya as of 2019, by company." Chart. November 24, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1247585/market-share-of-the-insurance-industry-in-kenya-by-company/
Atlas Magazine. (2020). Market share of the non-life insurance industry in Kenya as of 2019, by company. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1247585/market-share-of-the-insurance-industry-in-kenya-by-company/
Atlas Magazine. "Market Share of The Non-life Insurance Industry in Kenya as of 2019, by Company." Statista, Statista Inc., 24 Nov 2020, https://www.statista.com/statistics/1247585/market-share-of-the-insurance-industry-in-kenya-by-company/
Atlas Magazine, Market share of the non-life insurance industry in Kenya as of 2019, by company Statista, https://www.statista.com/statistics/1247585/market-share-of-the-insurance-industry-in-kenya-by-company/ (last visited November 21, 2024)
Market share of the non-life insurance industry in Kenya as of 2019, by company [Graph], Atlas Magazine, November 24, 2020. [Online]. Available: https://www.statista.com/statistics/1247585/market-share-of-the-insurance-industry-in-kenya-by-company/
