Kenyan insurance market: turnover evolution per class of business (2015-2019)

Figures in thousands USD

Class of business	2015	2016	2017	2018	2019	2019 shares
Motor	414 963	426 176	429 228	449 826	454 581	20.39%
Engineering	36 598	33 272	40 227	36 029	34 252	1.54%
Marine ⁽¹⁾	41 636	39 036	50 708	53 727	51 815	2.33%
Third party liability	21 082	24 143	27 049	26 634	30 555	1.37%
Property damage ⁽²⁾	141 601	146 832	158 263	158 930	160 188	7.19%
Personal accident	37 404	38 342	33 756	30 815	32 116	1.44%
Health	283 358	368 978	368 039	392 313	414 165	18.58%
Miscellaneous ⁽³⁾	85 812	89 207	90 614	96 240	98 775	4.43%
Total non life	1 062 454	1 165 986	1 197 884	1 244 514	1 276 447	57.27%
Total life	595 822	704 314	794 955	853 106	952 528	42.73%
Grand total	1 658 276	1 870 300	1 992 839	2 097 620	2 228 975	100%

Figures in thousands KES

Class of business	2015	2016	2017	2018	2019	2019 shares
Motor	43 225 258	44 486 026	44 711 255	46 088 686	46 480 686	20.39%
Engineering	3 812 262	3 473 125	4 190 323	3 691 508	3 502 268	1.54%
Marine ⁽¹⁾	4 337 122	4 074 764	5 282 135	5 504 862	5 298 034	2.33%
Third party liability	2 195 996	2 520 106	2 817 584	2 728 902	3 124 267	1.37%
Property damage ⁽²⁾	14 750 083	15 326 927	16 485 752	16 283 844	16 379 161	7.19%
Personal accident	3 896 278	4 002 267	3 516 204	3 157 233	3 283 857	1.44%
Health	29 516 467	38 515 454	38 337 371	40 195 984	42 348 102	18.58%
Miscellaneous ⁽³⁾	8 938 784	9 311 792	9 438 986	9 860 707	10 099 686	4.43%
Total non life	110 672 250	121 710 461	124 779 610	127 511 726	130 516 061	57.27%
Total life	62 064 805	73 519 181	82 807 826	87 408 352	97 395 510	42.73%
Grand total	172 737 055	195 229 642	207 587 436	214 920 078	227 911 571	100%

⁽¹⁾ Includes aviation and maritime transport
⁽²⁾ Inclding theft and fire
⁽³⁾ Including workmen’s compensation

Exchange rate KES/USD as at 31/12	2015	2016	2017	2018	2019
Exchange rate KES/USD as at 31/12	0.0096	0.00958	0.0096	0.00976	0.00978

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Mon, 23/11/2020 - 14:40

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