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Originally published by The Standard Business
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September 2, 2026
1h ago

Insurance premiums cross Sh466b mark as penetration grows to 2.6pc

Insurance premiums cross Sh466b mark as penetration grows to 2.6pc

Kenya’s insurance industry recorded strong growth in 2025, with gross direct premiums rising 16.5 per cent to Sh466.58 billion, up from Sh400.59 billion in 2024..

✨ Key Highlights

Kenya's insurance sector experienced significant growth in 2025, with gross direct premiums reaching Sh466.58 billion, a 16.5% increase from the previous year. Insurance penetration also rose to its highest level since 2016, hitting 2.63% of GDP.

  • Gross direct premiums surged to Sh466.58 billion.
  • The Insurance Regulatory Authority (IRA) reported the strong performance.
  • Long-term (life) insurance saw the most robust growth at 23.20%, and microinsurance premiums increased nearly tenfold.

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