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Kenya Insurance Q1 2020

Kenya Insurance Q1 2020

Key View:

The growth outlook for Kenya's insurance industry, in both the life and non-life sectors, is healthy with steady growthexpected in terms of the volume of written premiums in the short-term and beyond. Growth in the industry will be supported bywider economic gains in the country and while we note some headwinds arising from weaker agricultural output, overall Kenya isexpected to record solid GDP growth, in turn translating to improving employment and income rates. Income inequality does meanthe focus of much of the market will remain on basic, affordable products, though Kenya's emerging middle class is driving updemand for more sophisticated covers.

Key View
Insurance SWOT
Industry Forecast
Life Premiums Forecast
Non-Life Premiums Forecast
Non-Life Sub-Sector Forecast
Industry Risk/Reward Index
Sub-Saharan Africa Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
Britam Holdings
Jubilee Insurance
Liberty Holdings
Momentum Metropolitan Holdings
UAP Old Mutual Group
Sanlam Kenya
Insurance Methodology

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