Kenya Insurance Q4 2019
Kenya's overall insurance sector is set to grow rapidly over the coming five years. Life insurance, in particular, is expectedto see double-digit growth, on the back of increased awareness of life insurance products thanks to product and distributioninnovation on the part of local insurers who have tapped into an emerging middle class. Overall, however, low levels of householddisposable incomes remain an important barrier to higher rates of insurance penetration.
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