Biggest Insurance Companies Kenya
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Biggest insurance companies kenya. They actually have more than 200 making the most flexible and affordable medical cover in kenya. The list of kenyan companies by sector is basically classified into 5 categories which include private international registered new companies and. Apa insurance part of apollo investments company. Below is a list of all licensed insurance companies in kenya as of 2020.
Their medical insurance product is majorly targeted on individuals and families. They are regulated by the insurance regulatory authority. This is in sharp contrast to countries like south africa with a 9 percent penetration or malaysia which has an estimated 41 percent of the population covered by some form of life insurance. List of insurance companies in kenya.
Real tower upperhill nairobi kenya phone. List of insurance companies in kenya. Africa merchant assurance company amaco. 1 aar insurance company limited head office.
List of insurance companies in kenya. In 2007 after being in business for 3 decades the company crossed the ksh 3 billion gross premium income mark to become the biggest non life insurer in kenya. Let s find out what these companies are. 254 703 063000 254 730 633000 254 20 2895000 email.
A number of car insurance companies in kenya deal in it and provide different types of insurance coverage for the loss or damage as a result of natural or man made calamities. They have been ranked as the best insurance companies using online customer feedback statistics collected by kenyayote business team and think. Profitability size and management are key factors in determining the 10 biggest companies in kenya. The biggest companies in kenya are engaged in different sectors of the economy such as communication financial services manufacturing transportation farming among other economic activities.
This company was birthed in 1978 when india insurance companies operating in kenya decided to merge and form a vibrant joint venture. Jubilee insurance tops almost every list of best health insurance companies in kenya. Kenya has 46 insurance companies and 4 576 registered insurance agents yet a paltry 3 percent of kenyans have insurance cover. Top best insurance companies in kenya for student attachment auto health income protection life property liability car e t c the following is a list of best insurance companies in kenya.
Currently in kenya according to the 2019 statistics by the insurance regulatory authority we have 54 licensed insurance companies who offer various insurance products as shown in the list below. On the list of the biggest and most profitable companies in kenya safaricom eabl kenya airways equity bank and bamburi cement lead in the top 5. In achieving its mandate ira is therefore responsible for issuing licenses.
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