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Breaking the barriers to insurance penetration in Kenya

NAIROBI: In its latest annual report, the Association of Kenya Insurers (AKI) noted that as at December 2014, there were 49 insurance companies, 198 insurance brokers and 5,155 insurance agents in Kenya.

The industry generated gross premiums of Sh132.1 billion, up 23.2 per cent from Sh107.2 billion in 2013. This unusually high growth is attributed to the Government insuring civil servants and the disciplined forces in 2014.

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