Allianz settles in Kenya

Already present in eleven countries on the African continent, Allianz Africa has settled in Kenya. Active in life and property damage insurance, the new company will evolve in a market of 45 million inhabitants for a local insurance market estimated at 1.7 billion USD.

This new location represents an opportunity for the German insurance group to enter East Africa.

As a reminder, in 2014, Allianz Africa achieved a turnover of 152 million EUR (84.77 million USD).