Today we list top 10 insurance companies in Kenya. Currently, there are a total of 51 insurance companies, 180 brokers, 6,417 agents and 19 bancassurance providers in Kenya. The Insurance market is mainly dominated by intermediaries where the agents have 57% of premiums, brokers 28% and the companies 15% of the market. The general insurance segment is still the larger than the life business, contributing KSh 112 billion (65%) of the total premium.
Jubilee Insurance Company Limited has continued to lead the market locally and in East Africa with 11% of the Kenyan premiums market followed by APA Insurance Company at 8.3% market share.
Here are Top 10 Insurance Companies In Kenya in order of the percentage of premiums they hold