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This is a list of some of the Insurance Companies carrying on insurance business in Kenya. They are regulated by the Insurance Regulatory Authority: [1] Allianz; Britam Holdings T/A British-American Insurance Company Kenya Limited, and as Real Insurance Company; CIC Insurance Group [2] First Assurance Kenya Limited [3]
The Government of Kenya enacted the Insurance Act Kenya CAP 487 in 1985 [1] with the aim of localizing regulation of the insurance business. The newly-enacted legislation established the Department of Insurance within the Ministry of the National Treasury and Planning, headed by a Commissioner of Insurance, to supervise the insurance sector.
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The Liberty Life Assurance Kenya Limited, commonly referred to as Liberty Life, is a Kenyan life insurance company headquartered in Nairobi, Kenya. It is among the five largest life insurance companies in Kenya. [1] It is a subsidiary of Liberty Kenya Holdings, which is an insurance holding company with headquarters in Nairobi.
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The Group's origins in Kenya date back to 1968 when it was a department within the Kenya National Federation of Co-operatives. In 1978, the department was registered and licensed as Co-operative Insurance Services Limited, a composite insurance company to write all classes of business with its target market, the cooperative movement.