Kenya Insurance Market Report 2022: Spread, Products, Shares, Applications, Gender

TIPLINE, Jan. 20, 2023 /PRNewswire/ — The “Inclusive Insurance in Kenya the report is added to’s sacrifice.

Kenya one of the largest economies in the world East Africa and a leader in the continent’s mobile money market and an innovative FinTech ecosystem.

With 67% of the population classified as consumers, many projects and plans related to insurance have been implemented in the country. However, the target market for micro insurance is still untapped, with a limited population, and remains a challenge. the achievement of the measure.

  • of Kenya the population is mostly rural and depends heavily on agriculture for sustenance. The country is affected by droughts and floods affecting the agricultural sector.
  • of Kenya The digital ecosystem is very strong and 20% of African FinTechs are in Nairobi – the continent’s second largest FinTech hub.
  • Various plans have been implemented Kenya to provide a regulatory framework for small insurance operations and encourage innovation.
  • Health is the largest line of business in financial terms, not only in the non-life insurance sector but also in the micro insurance sector.

Main topics include:

1. Introduction

2. Conditions

3. Disclosure of risks

4. Encourage the development of insurance markets

5. Current insurance status

  • Introducing microinsurance
  • Products
  • Sharing
  • Application
  • Gender

6. Opportunities and challenges

Companies Matter

  • A2ii
  • ACRE Africa
  • AB Consultants
  • APA Insurance
  • Association of Kenya Professional Insurance Agents (AKPIA)
  • Association of Microfinance Institutions (AMFI Kenya)
  • Britain
  • Central Bank d Kenya
  • CGAP
  • ILO Impact Insurance Facility
  • Insurance Development Forum
  • Insurance Regulatory Authority (IRA)
  • International Monetary Fund
  • International Social Research Institute (ILRI)
  • Small App
  • MicroEnsure Kenya
  • M-BACK
  • NHIF Kenya
  • NSSF Kenya
  • However
  • Safaricom
  • Savings and Credit Companies (SACCOs)
  • Syngenta Foundation for Sustainable Agriculture
  • Swiss Construction Facility (SCBF)
  • Switzerland Re
  • Turaco
  • United Nations
  • World Food Program

For more information about this visit report

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