Microinsurers net Sh1bn premiums in first half of the year

Microinsurers collected Sh1.06 billion premiums in the half year ended June 2025, highlighting the rising appetite for affordable, low-value covers targeting underserved populations, especially those in the informal economy.

The amount is more than double the Sh521.24 million premiums that the microinsurers had collected in the first three months of this year, a new disclosure by the Insurance Regulatory Authority (IRA) showed.