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Increase in Kenyan marine insurance premiums

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Magazine Issue: 
Reinsurance: struggling to survive [3]
Magazine date: 
Dec 2017

According to the Association of Kenyan Insurers (AKI), marine insurance [4] premiums jumped 69.4% in the first nine months of 2017, from 390.2 million KES (3.9 million USD) in September 2016 to 661 million KES (6.5 million USD) a year later. This performance is accounted for by the introduction in January 2017 of a new law requiring that importers underwrite a "sea freight" policy at the local level.

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Tue, 26/12/2017 - 08:52

Source URL: https://www.atlas-mag.net/en/article/increase-in-kenyan-marine-insurance-premiums

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[3] https://www.atlas-mag.net/en/issue/reinsurance-struggling-to-survive
[4] http://www.atlas-mag.net/en/article/marine-insurance-market-on-a-downward-cycle
[5] http://www.atlas-mag.net/en/category/pays/Kenya