Factors Affecting The Growth Of Life Insurance Business In Nairobi Kenya

72 pages ID: BAM3478

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DepartmentBusiness Administration and Management
TypeProject
Pages72
Reference StyleYES
FormatMS Word & PDF
Reference No.BAM3478

Abstract

Kenya‟s insurance industry leads within the East Africa Community (the regional intergovernmental organization of the Republics of Kenya, Uganda, the United Republic of Tanzania, Republic of Rwanda and Republic of Burundi, with its headquarters in Arusha, Tanzania) and is a key player in the COMESA region. Despite this, the penetration of life insurance in Kenya has remained low at 0.94% of the GDP in 2009 and 1.05% of the GDP in 2010. This is considered to be very low compared to other countries in Africa such as South Africa which had a penetration of 7.58% of the GDP in 2009 and 12% of the …

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