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Increased demand for property insurance has seen non-life insurance premiums rise steadily in Kenya, according to various reports and industry experts.
According to an A M Best report dated March 2014, Kenya, Ghana and Nigeria have witnessed a rising take-up of life and non-life insurance services. Titled, The Africa Market Review: Gearing up for Sustained Growth, the report noted that premiums have been growing by double digits, fuelled mainly by the non-life sector.
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