The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
According to Mr Mburu, younger Kenyans are likely to become more aware of the benefits of personal insurance, with a shift in culture awareness of life insurance products, especially as this cohort is more risk-oriented.PHOTO: COURTESY
Kenyan insurers are set to witness stronger revenue and deeper penetration, thanks to an expanding middle class and young population.
A report on sub-Saharan markets done by professional services firm EY forecasts that Kenya’s insurance sector could expand by a 6 per cent compound annual growth rate in premiums through to 2018.
Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.