Kenya

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

The Association of Kenya Insurers
Web: www.akinsure.com

 

POPULATION, 2011-2014 (1)

Year Population
2011 41,070,934
2012 43,013,341
2013 44,037,656
2014 45,010,056

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $66.5
2010 63.5
2011 66.0
2012 71.5
2013 79.9

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

 

 

LIFE AND NONLIFE INSURANCE PREMIUMS, 2013

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $1,000
Life premiums 520
Total premiums $1,520
Percent of total world premiums 0.03%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2014.

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LEADING NONLIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company KES Mn USD Mn
Jubilee  8,651.5 100.3
CIC General  8,058.2 93.5
UAP Insurance  7,686.0 89.1
APA  6,554.0 76.0
ICEA Lion General  4,563.5 52.9
British American  3,826.4 44.4
Heritage  3,549.1 41.2
AIG Kenya  3,504.7 40.7
First Assurance  3,242.8 37.6
GA  3,088.7 35.8

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company KES Mn USD Mn
British American  8,027.3 93.1
Jubilee  6,812.9 79.0
ICEA Lion Life  6,456.3 74.9
Pan Africa  5,570.4 64.6
CFC Life  4,096.0 47.5
CIC Life  3,003.1 34.8
Kenindia  2,118.6 24.6
UAP Life  1,851.6 21.5
Old Mutual  1,441.9 16.7
Madison  1,244.1 14.4

Source: Axco Insurance Information Services.

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