Life insurance premiums surge 33% on NSSF and unit trust growth

Author: Patrick AlushulaPublished on: October 21, 2026Country: Kenya

Business & Economy

Life insurance premiums surge 33% on NSSF and unit trust growth

Life insurance premiums in Kenya rose 33.6% to Sh147.46 billion in the six months to June 2026, overtaking general insurance premiums. The Insurance Regulatory Authority said gross premiums in long-term insurance had been Sh110.39 billion in the same period a year earlier. Growth was driven by retirement savings channelled through private insurers and a rise in investment-linked products.

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