Kenya 2014

Magazine Issue:

When China stumbles [3]

Magazine date:

Oct 2015

in thousands USD

	2013	2014	2014 shares	2013-2014 evolution
CIC General	94 684	107 276	9.5%	13.3%
Jubilee	101 796	103 690	9.2%	1.9%
APA Insurance	77 009	87 639	7.8%	13.8%
UAP Insurance	90 311	84 596	7.5%	-6.3%
ICEA Lion General	53 621	59 004	5.2%	10%
Britam	44 961	56 162	5%	24.9%
AIG Kenya	41 180	45 231	4%	9.8%
Heritage	41 702	45 218	4%	8.4%
GA Assurance	36 292	42 862	3.8%	18.1%
AAR Insurance	30 784	40 051	3.6%	30.1%
First Assurance	38 102	38 803	3.5%	1.8%
Real	29 815	36 188	3.2%	21.4%
Kenindia	32 613	29 714	2.6%	-8.9%
Amaco	25 811	28 744	2.6%	11.4%
Resolution	24 038	28 377	2.5%	18%
Directline	26 142	26 673	2.4%	2%
Invesco	21 006	23 820	2.1%	13.4%
Kenya Orient	16 964	21 782	1.9%	28.4%
Occidental	19 093	20 692	1.8%	8.4%
Mayfair	17 664	19 701	1.8%	11.5%
Madison	12 883	17 055	1.5%	32.4%
Geminia	14 699	16 924	1.5%	15.1%
Fidelity Shield	14 572	16 768	1.5%	15.1%
Xplico	11 806	15 802	1.4%	33.9%
Kenyan Alliance	14 089	14 645	1.3%	4%
Cannon	12 307	13 649	1.2%	10.9%
Saham	9 945	11 683	1%	17.5%
Trident	8 799	11 091	1%	26%
Pacis	9 561	11 057	1%	15.6%
Intra Africa	9 568	9 868	0.9%	3.1%
Tausi	9 438	9 119	0.8%	-3.4%
Gateway	6 356	8 190	0.7%	28.9%
Takaful	5 601	7 612	0.7%	35.9%
The Monarch	5 516	6 819	0.6%	23.6%
Phoenix	5 438	5 138	0.5%	-5.5%
Corporate	3 940	4 107	0.4%	4.2%
Total non life companies	1 018 106	1 125 750	100%	10.6%

in thousands USD

	2013	2014	2014 shares	2013-2014 evolution
Jubilee	80 088	124 175	19.4%	55%
Britam	94 320	113 572	17.8%	20.4%
ICEA Lion Life	75 856	76 613	12%	1%
Pan Africa Life	65 452	62 631	9.8%	-4.3%
Liberty ⁽¹⁾	40 013	49 570	7.7%	23.9%
CIC Life	35 287	46 070	7.2%	30.6%
Pioneer	11 941	30 327	4.7%	154%
UAP Life	21 810	29 131	4.6%	33.6%
Kenindia	24 889	28 443	4.4%	14.3%
Old Mutual Life	19 944	18 477	2.9%	-7.4%
Madison	14 524	16 319	2.6%	12.4%
APA Life	8 649	11 511	1.8%	33.1%
GA Life	8 551	8 383	1.3%	-2%
Kenyan Alliance	3 652	4 594	0.7%	25.8%
Metropolitan Life	2 401	4 295	0.7%	78.9%
Cannon	1 909	3 842	0.6%	101.2%
Corporate	2 406	2 697	0.4%	12.1%
Kenya Orient Life	-	2 272	0.4%	-
Saham	1 804	1 901	0.3%	5.4%
Prudential Life ⁽²⁾	1 463	1 832	0.3%	25.2%
First Assurance	818	1 489	0.2%	82%
Geminia	653	875	0.1%	33.9%
Monarch	570	588	0.1%	3.2%
Capex	174	240	-	38.2%
Total life companies	517 174	639 847	100%	23.7%

⁽¹⁾ former CFC Life ⁽²⁾ former Shield

in thousands USD

⁽¹⁾ Work Injury Benefits Act ⁽²⁾ including theft ⁽³⁾ including retirement

⁽⁴⁾ including ordinary life insurance, insurance group and others Source: AKI (Association of Kenya Insurers)

Exchange rate KES/USD as at 31/12	2013	2014
Exchange rate KES/USD as at 31/12	0.01175	0.01123