Non-life insurers in Kenya: Breakdown of insurance premiums (2018-2019)
Figures in thousands
| Non-life companies | Turnover 2019 | Turnover 2018 | 2018-2019 evolution (1) | 2019 shares | ||
|---|---|---|---|---|---|---|
| In KES | In USD | In KES | In USD | |||
CIC General | 10 536 834 | 103 050 | 10 090 041 | 98 479 | 4.43% | 8.07% |
APA Insurance | 9 337 232 | 91 318 | 9 558 670 | 93 293 | -2.32% | 7.15% |
UAP Insurance | 9 278 624 | 90 745 | 9 150 323 | 89 307 | 1.40% | 7.11% |
Britam | 8 208 739 | 80 282 | 8 048 803 | 78 556 | 1.99% | 6.29% |
Jubilee Health (2) | 7 884 054 | 77 106 | - | - | - | 6.04% |
GA Insurance | 6 520 029 | 63 766 | 5 977 062 | 58 336 | 9.08% | 5.00% |
AAR Insurance | 5 861 920 | 57 330 | 5 608 947 | 54 743 | 4.51% | 4.49% |
ICEA Lion General | 5 783 450 | 56 562 | 5 565 167 | 54 316 | 3.92% | 4.43% |
Heritage | 5 562 586 | 54 402 | 5 366 863 | 52 381 | 3.65% | 4.26% |
Resolution | 5 357 625 | 52 398 | 5 701 730 | 55 649 | -6.04% | 4.10% |
Geminia | 4 871 078 | 47 639 | 4 305 846 | 42 025 | 13.13% | 3.73% |
Jubilee General (2) | 4 293 340 | 41 989 | 10 961 057 | 106 980 | -60.83% | 3.29% |
Madison | 4 202 334 | 41 099 | 4 479 093 | 43 716 | -6.18% | 3.22% |
First Assurance | 3 596 967 | 35 178 | 3 686 957 | 35 985 | -2.44% | 2.76% |
AIG | 3 530 310 | 34 526 | 3 561 401 | 34 759 | -0.87% | 2.71% |
Directline | 3 353 253 | 32 795 | 3 002 685 | 29 306 | 11.68% | 2.57% |
Mayfair | 2 891 392 | 28 278 | 2 918 371 | 28 483 | -0.92% | 2.22% |
Sanlam | 2 859 045 | 27 962 | 2 202 961 | 21 501 | 29.78% | 2.19% |
Occidental | 2 810 253 | 27 484 | 2 601 370 | 25 389 | 8.03% | 2.15% |
Kenindia | 2 423 362 | 23 701 | 2 800 230 | 27 330 | -13.46% | 1.86% |
Fidelity Shield | 2 406 861 | 23 539 | 2 268 608 | 22 142 | 6.09% | 1.84% |
Saham | 2 195 213 | 21 469 | 2 522 958 | 24 624 | -12.99% | 1.68% |
The Kenyan Alliance | 1 634 568 | 15 986 | 1 250 703 | 12 207 | 30.69% | 1.25% |
Pacis | 1 480 965 | 14 484 | 1 307 287 | 12 759 | 13.29% | 1.14% |
African Merchant AMACO | 1 474 182 | 14 418 | 2 173 528 | 21 214 | -32.18% | 1.13% |
Xplico | 1 440 828 | 14 091 | 1 169 908 | 11 418 | 23.16% | 1.10% |
Kenya Orient | 1 293 472 | 12 650 | 1 433 545 | 13 992 | -9.77% | 0.99% |
Takaful | 1 272 336 | 12 443 | 959 848 | 9 368 | 32.56% | 0.98% |
The Monarch | 1 265 080 | 12 372 | 1 220 931 | 11 916 | 3.62% | 0.97% |
Intra Africa | 1 201 248 | 11 748 | 1 209 715 | 11 807 | -0.70% | 0.92% |
Tausi | 1 191 812 | 11 656 | 1 145 105 | 11 176 | 4.08% | 0.91% |
Allianz | 910 744 | 8 907 | 703 858 | 6 870 | 29.39% | 0.70% |
Metropolitan Cannon | 884 760 | 8 653 | 1 017 398 | 9 930 | -13.04% | 0.68% |
Pioneer | 847 497 | 8 289 | 587 719 | 5 736 | 44.20% | 0.65% |
MUA | 709 649 | 6 940 | 658 746 | 6 429 | 7.73% | 0.54% |
Trident | 653 680 | 6 393 | 530 158 | 5 174 | 23.30% | 0.50% |
Corporate | 490 739 | 4 799 | 233 105 | 2 275 | 110.52% | 0.38% |
Invesco | - | - | 1 531 029 | 14 943 | - | - |
| Total | 130 516 061 | 1 276 447 | 127 511 726 | 1 244 514 | 2.36% | 100% |
(1) Growth rate in local currency
(2) In 2019 Jubilee was split into "Jubilee General Insurance Limited" and "Jubilee Health Insurance Limited"
* Composite companies appear in the insurers list
Exchange rate KES/USD as at 31/12 | 2018 | 2019 |
0.00976 | 0.00978 |
Read also | Kenyan insurance market
