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Kenya’s long-term insurance sector records KSh110 b growth in Q2 2025

  • | K24 Video
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    Duration: 1:50
    Kenya’s long-term insurance sector posted impressive growth in the second quarter of 2025, with gross premium income rising to Ksh110.4 billion — a 17.7 per cent increase compared to the same period last year, according to a report by the Insurance Regulatory Authority (IRA). The expansion reflects rising demand for long-term products such as life and retirement policies, alongside a boost in total assets, which surged 22.6 per cent to Ksh1.98 trillion. Investments also grew steadily, reaching Ksh933.8 billion, further strengthening the sector’s financial base.