Africa’s insurance market stands at a 3% penetration rate, per a McKinsey study in 2018 comparing six insurance regions on the continent. If the South African market is excluded, this number drops to ...

It is no secret that insurance in Kenya is relatively expensive. From motor vehicle to health insurance, costs are sky-rocketing due to associated risks such as increased cases of carjackings and a ...

According to the Insurance Regulatory Authority (IRA), insurance uptake stands at a low of 3% compared to the global rate of 6% The Central Bank of Kenya (CBK) allowed commercial banks to operate a ...

Traffic slows to a crawl, stalled vehicles line flooded roads, and businesses across Nairobi are forced to close early as heavy rains overwhelm sections of the city’s drainage systems. Scenes like ...

An investigation has found that Kenya’s AI-based healthcare system is overcharging poorer households while underestimating ...

Association of Insurance Brokers of Kenya National Chairman John Lagat (centre), Birdview Microinsurance Director Richard Muiru (right) and CEO James Kimani during a meeting in Nairobi. Millions of ...

“There are several areas that we are expanding [into], but one area that we are seriously looking at and we want to see how we can grow […] is micro insurance,” Ashok Shah, the chief executive of ...

NAIROBI, April 11 (Reuters) - Kenya will spend $140 million to roll out an expanded insurance scheme for livestock farmers to cushion them against the vagaries of frequent droughts, officials said on ...

The commercial vehicle market continues to significantly outpace the personal vehicle segment, recording approximately 36% ...

APA Apollo Group has reported a 43 percent rise in net profit to Sh2.8 billion for the full year ending December 2025, driven by higher insurance revenue and operational efficiency.