INSURANCE
GENERATION Z REDEFINING INSURANCE DEMANDS
INTRODUCTION The insurance industry is undergoing a significant transformation with the emergence ofGeneration Z (Gen Z) as a new cohort of consumers. Gen Z possess unique characteristics,expectations and preferences different…
INSURANCE INDUSTRY RESPONSE TO FLOOD RISK IN KENYA
INTRODUCTION As of May 3rd, a report by the UN Office for the Coordination of Humanitarian Affairs(OCHA) indicated that over 205,000 individuals were affected by recent floods in Kenya,with 195,304…
IMPACT OF TAX ON INSURANCE COMPENSATION
Insurance serves as a financial safety net, providing protection from unanticipated occurrences that may negatively impact people’s lives and businesses. Insurance works like a cushion which helps you or your…
PRICING OF INSURANCE FOR ELECTRIC VEHICLES
Electric vehicles are increasingly dominating the global market, with this seeking to reduce carbon emissions. Electric vehicles accounted for 14% of the total number of cars as at the end of 2022, with the number…
PERFORMANCE OF THE LIFE ASSURANCE BUSINESS IN KENYA
The following research examines the life assurance business in Kenya from 2016 to 2020.
In 2020, life assurance business was the second…
MEDICAL INSURANCE PERFORMANCE IN KENYA
The following research highlights the trends in the medical insurance industry in Kenya from 2015 to 2020.
In 2020, medical insurance was the largest class in the general insurance business, accounting for 34.4% of the total gross direct premium income.