The fairest way to rank insurers is by market share of gross premiums, which the Insurance Regulatory Authority (IRA) publishes. Below are the top five in each segment.
Top 5 general insurers (H1 2025)
| Insurer | Market share |
|---|---|
| CIC General Insurance | 9.3% |
| APA Insurance | 8.6% |
| GA Insurance | 8.6% |
| Old Mutual General Insurance | 8.4% |
| Jubilee Health Insurance | 8.3% |
Top 5 life (long-term) insurers (H1 2025)
| Insurer | Market share |
|---|---|
| Britam Life Assurance | 18.9% |
| ICEA Lion Life Assurance | 13.8% |
| Jubilee Insurance | 13.2% |
| CIC Life | 7.0% |
| GA Life | 7.0% |
Industry size (full year 2025)
IRA’s 2025 statistics show gross direct premiums of KSh 466.58 billion, up 16.5%; life premiums of KSh 236.29 billion and general premiums of KSh 224.24 billion; penetration of 2.63% of GDP (reported by The Standard – IRA 2025 annual industry statistics).
How to choose
Market share shows size, not service. Also compare claims-settlement record, premium for your cover and whether the insurer is licensed on IRA’s list.
Frequently asked questions
Which is the biggest insurance company in Kenya?
By H1 2025 market share, CIC General leads general insurance and Britam Life leads life insurance, per IRA data reported by Cytonn.
How big is Kenya’s insurance industry?
KSh 466.58 billion in gross direct premiums in 2025, per IRA.
Related: Finance
Sources: Cytonn H1 2025 Insurance Sector Report (citing IRA Q2 2025 statistics), The Standard. Last updated October 2026.
