News
Low insurance uptake fuels sector's shift -The Standard Health
9+ hour, 54+ min ago (405+ words) Insurance penetration in East Africa remains among the lowest globally, with Kenya estimated at just about 2. 1 per cent compared to a global average of around seven per cent and South Africa's roughly 12 per cent." The gap has left millions of…...
Low insurance uptake exposes Kenyans to rising flood, theft damage
1+ week, 6+ day ago (428+ words) Stranded vehicles in floodwaters in Nairobi highlight Kenya's low insurance uptake, leaving households exposed to rising flood damage and escalating vehicle theft losses. Floods and rising vehicle theft are hitting Kenyan households at the same time, but most victims are…...
Insurance penetration slips as firms target underserved groups
1+ mon, 9+ hour ago (455+ words) Heritage Insurance Kenya extends private health cover to Kenyans aged up to 85, a bracket most rivals decline to underwrite. Kenya's private insurance market continues to shrink as a share of the economy, even as providers expand into segments long considered…...
APA Apollo Group reports 14 per cent growth in insurance revenue
1+ mon, 2+ week ago (218+ words) The APA Apollo Group reports a strong set of financial results for the year ended 31 December 2025, reflecting a year of sustainable profitable growth, customer-focused innovation, and continued investment in people, technology, and partnerships. APA Apollo recorded a 27% increase in total…...
Why insurance could be the game-changer for your small business in times of crisis
10+ mon, 1+ week ago (673+ words) Across Kenya, scenes of protests and political demonstrations have become increasingly frequent. With them comes a grim reality for many small business owners: shattered shopfronts, stolen stock, burned stalls, and lost livelihoods. For those running small enterprises, these disruptions can…...