Research and Markets: Insurance Industry in Kenya Report 2013: Key Trends and Opportunities to 2017

Business Wire

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/q6ddzt/the_insurance) has announced the addition of the "The Insurance Industry in Kenya, Key Trends and Opportunities to 2017" report to their offering.

The Kenyan insurance industry grew in written premium value at a CAGR of 18.6% during the review period. The growth was mainly contributed to by the non-life insurance segment, which accounted for 50.9% of total Kenyan insurance written premiums in 2012. Steady growth of Kenyan economy and ongoing reforms are expected to support the growth. Kenya's information technology and mobile payment systems have also undergone a recent transformation and the country now has M-Pesa (launched in 2008), one of the most developed mobile payment systems. Insurance companies have used this technology, introducing a platform called M-BIMA by CIC Insurance.

Key Highlights

- The Kenyan insurance industry grew in written premium value at a CAGR of 18.6% during the review period.

- The growth was mainly contributed by the non-life insurance segment

- Non-life insurance accounted for 50.9% of total Kenyan insurance written premiums in 2012

- Ongoing reforms and stable economic growth and expanding distribution channels will support growth over the forecast period.

- Insurance companies have used technology, introducing a platform called M-BIMA by CIC Insurance

Key Topics Covered:

1 Executive Summary

2 Introduction

3 Kenyan Insurance Industry Overview

4 Market Segmentation

4.1 Life Insurance Growth Prospects by Category

4.2 Non-Life Insurance Growth Prospects by Category

4.3 Personal Accident and Health Insurance Growth Prospects by Category

4.4 Reinsurance Market Size by Insurance Market, 2008-2017

5 Competitive Landscape

6 Macroeconomic Indicators

7 Appendix

Companies Mentioned

- APA Insurance Ltd

- British-American Investments Company (Kenya) Ltd

- Jubilee Holdings Ltd

- Pan Africa Insurance Holdings Ltd

- UAP Holdings Ltd

For more information visit http://www.researchandmarkets.com/research/q6ddzt/the_insurance

Contact:
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance

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