Equity Group's life insurance subsidiary has tripled its market share to become the fourth-largest long-term underwriter in Kenya in its second year of operation.
The latest Insurance Regulatory Authority (IRA) data shows Equity Life Assurance Kenya, which Equity Group owns fully through Equity Group Insurance Holdings, closed the year ended December 2023 with a market share of 8.7 percent to become the fourth largest life insurer in the country.
