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Insurance Claims Inflict Sh39B Pain On Companies In Just 3 Months

Kenya's insurance industry paid insurance claims worth Ksh39.1 billion in the first quarter of 2023, representing a 6% increase compared to the same period in 2022 when they paid Ksh36.77 billion.

Insurance Industry Reports a Fall In Third Quarter Claims

The insurance industry reports that claims in the period July to September 2022 declined by 12% to 1.8 million compared to two million reported in the second quarter of 2022.

General Insurance Claims Hit Ksh70 Billion In Q4 2021

The General Insurance market reported claims incurred amounting to Ksh70.14 billion during the fourth quarter of 2021. This was an increase of 22.3 percent from Ksh57.36 billion reported in the fourth quarter of the previous year. The claims incurred loss ratio was 68.8 percent in...

Not Easy, But Insurers Are Adapting to Covid-19 Effects

As an industry we are complementing the efforts of the Government and Ministry of Health by adhering to the guidelines.

Man who killed nephew over Sh9m insurance claim released on bond

Evans Kasyoki has been in custody since his arrest on August 14, 2018 in Kasarani, Nairobi accused of murdering the relative between March 14 and 15, 2014