Kenya

Introduction: 

The Republic of Kenya is an East African country with a population of about 49 million inhabitants. The national currency is the Kenyan shilling.

The Kenyan insurance sector has a low penetration rate. Its non-life segment has bigger underwriting activity than the life segment. Kenya’s gross written premiums are linearly linked to the GDP, so consequently the medium-term predicted stable GDP growth should result in growing underwriting activities in the Kenyan insurance market.

 

 

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