Examples Of Insurance Companies In Kenya
1 aar insurance company limited head office.
Examples of insurance companies in kenya. Car insurance kenya types of private motor vehicle covers. The insurance industry is massive consisting of over 7 000 companies collecting over 1 trillion in premiums annually. Below is a list of all licensed insurance companies in kenya as of 2020. Box 20196 00100 nairobi kenya reinsurance corporation limited p o.
In 2007 after being in business for 3 decades the company crossed the ksh 3 billion gross premium income mark to become the biggest non life insurer in kenya. These types of companies in kenya are registered under section 2 of the companies act. The insurance regulatory authority whose mission is to effectively and professionally regulate supervise and develop the insurance industry regulates the activities of insurance companies in kenya while the association of kenya insurers established in 1987 as an independent non profit making consultative and advisory body is the. These immense costs eventually end up costing purchasers of insurance policies though many don t realize how much fraudulent.
Registered companies can be further classified into two types according to sec 4 of the act. Company name address east africa reinsurance company limited p o. That makes the industry ripe for rip off and fraudsters are estimated to incur a cost of over 40 billion each year on insurers. Real tower upperhill nairobi kenya phone.
This company was birthed in 1978 when india insurance companies operating in kenya decided to merge and form a vibrant joint venture. In achieving its mandate ira is therefore responsible for issuing licenses. 7 tips to make a. New data shows that companies in kenya pay the highest salaries in comparison to other countries.
Your medical history you will be required to go for medical check up in order to have the life insurance policy. List of insurance companies in kenya they are regulated by the insurance regulatory authority. The other type of companies in kenya are registered companies. We compare insurance companies to find you the most suitable insurance policy at competitive price.
254 703 063000 254 730 633000 254 20 2895000 email. Below is a list of some of the favourite fintech companies in kenya 3g direct pay group it accepts all major credit cards mobile money and e wallets.
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