The insurance sector suffers from a low penetration rate, standing at 2.3% at the end of 2021, lower than the global average of 7.4%.
Search Results: insurance penetration (23)
African insurer Sanlam and Germany’s Allianz have agreed to combine their current and future operations across Africa to create the…
Equity Group has expanded its revenue stream with the launch of its subsidiary Equity Life Assurance Kenya Limited (ELAK). The…
Growth prospects and investments for Kenya’s insurance industry will largely be influenced by the ongoing regulatory changes and improve the…
Only 20 per cent of Kenyans ( 11 million out of about 55 million Kenyan population) have any form of…
Cytonn Investments Management Plc, an independent investment management firm, has launched its insurance agency as part of a diversification strategy.…