Insurance firms overlook counties for Nairobi’s low-hanging premiums

Insurance penetration levels in Kenya has not keeping pace with GDP growth. FILE PHOTO | NMG

Nairobi has cemented its status as the largest source of insurance premiums, pointing to the growing unexploited markets outside the capital city.

The county took up an estimated 80.67 percent of total premiums in 2018, up from 72.76 percent the previous year, despite contributing only 21.7 percent to national wealth.

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Note: The results are not exact but very close to the actual.