Recent Study: The Insurance Industry in Kenya, Key Trends and Opportunities to 2017
The Kenyan insurance industry grew in written premium value at a CAGR of 18.6% during the review period. The growth was mainly contributed to by the non-life insurance segment, which accounted for 50.9% of total Kenyan insurance written premiums in 2012. Steady growth of Kenyan economy and ongoing reforms are expected to support the growth. Kenya's information technology and mobile payment systems have also undergone a recent transformation and the country now has M-Pesa (launched in 2008), one of the...
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