A report by the Association of Kenya Insurers shows that only 3% of Kenyans have last expense covers where majority pay benefits ranging between Ksh50,000 and Ksh2,500,000.

COVID-19 has reinforced the need to adopt technology to make life insurance purchase and uptake simpler as more consumers embrace a tech-driven shift.  CIC Life Assurance Limited Managing Director, Mr Meshack Miyogo, says the insurance industry is critical for effective risk mitigation and therefore...

Mr Jerim Otieno was elected the chairman of the Association of Kenya Insurers (AKI) Board during the Association’s 34th annual general meeting of March 2021. Mr Otieno, who is the Group MD Life Insurance Business at UAP Old Mutual Group, takes over from Mr...

WHO has declared COVID-19 a global pandemic

The insurance industry in Kenya on Sunday converged to celebrate the big performers for the period 1st January to 31st December 2019.

According to Association of Kenya Insurers industry report for 2018, insurance penetration in Kenya dropped to 2.43% of Gross Domestic Product (GDP), the lowest in more than a decade