Kenyan insurance market in 2025

May 14, 2026
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In thousands USD

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 20212022202320242025Parts 2025
Health451 475441 883419 732584 509719 23420,2%
Motor414 741433 731348 926429 399474 31113,3%
Property damage (1)172 788191 014172 963221 454238 4236,7%
Marine (2)60 88662 92657 19973 83073 0612,0%
Engineering39 24042 46229 34539 32549 8771,4%
Third party liability30 01030 93030 19237 56542 2181,2%
Personal accident22 42820 04821 88125 60720 6540,6%
Miscellaneous (3)146 074136 846130 936152 003133 6843,7%
Non-life total1 337 6421 359 8401 211 1741 563 6921 751 46249,1%
Life total1 086 2011 133 8011 076 2401 466 4791 814 85650,9%
Grand total2 423 8432 493 6412 287 4143 030 1713 566 318100%

(1) includes theft and fire
(2) includes aviation and maritime transport
(3) includes work accidents

In thousands KES

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 20212022202320242025Parts 2025
Health51 420 79054 892 22666 308 43176 207 17193 285 93320,2%
Motor47 237 00453 879 65955 122 57855 984 22861 518 94013,3%
Property damage (1)19 679 71823 728 49127 324 37828 872 76330 923 8396,7%
Marine (2)6 934 5837 816 9409 036 1789 625 8459 476 0802,0%
Engineering4 469 2875 274 8334 635 8835 127 0756 469 1151,4%
Third party liability3 417 9593 842 1704 769 5844 897 6325 475 7951,2%
Personal accident2 554 4782 490 4193 456 6693 338 6092 678 9110,6%
Miscellaneous (3)16 637 16416 999 51120 685 02719 817 90817 339 0133,7%
Non-life total152 350 983168 924 249191 338 728203 871 231227 167 62649,1%
Life total123 713 143140 844 801170 022 076191 196 773235 389 84950,9%
Grand total276 064 126309 769 050361 360 804395 068 004462 557 475100%

(1) includes theft and fire
(2) includes aviation and maritime transport
(3) includes work accidents

Exchange rate as at 12/31/2025: 1 KES = 0.00771 USD; as at 12/31/2024: 1 KES = 0.00767 USD; as at 12/31/2023: 1 KES = 0.00633 USD; as at 12/31/2022: 1 KES = 0.00805 USD; as at 12/31/2021: 1 KES = 0.00878 USD.


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