The Insurance Act (Amendment) 2006, CAP 487 of the Laws of Kenya, established the Insurance Regulatory Authority as a statutory government organization with the mission of regulating, supervising, and advancing the insurance sector.
The issue of permits is IRA’s responsibility in carrying out its mandate. A list of all Kenyan insurance companies with licenses may be seen below.
List of Licensed Insurance Companies in Kenya in 2024
a) Licensed General Insurance Companies
General Insurance Companies
- AAR Insurance Company Limited
- Africa Merchant Assurance Company Limited
- AIG Kenya Insurance Company Limited
- APA Insurance Limited
- Britam General Insurance Company (K) Limited
- Cannon General Insurance Company Limited
- CIC General Insurance Limited
- Corporate Insurance Company Limited
- Directline Assurance Company Limited
- Fidelity Shield Insurance Company Limited
- First Assurance Company Limited
- GA Insurance Limited
- Geminia Insurance Company Limited
- ICEA LION General Insurance Company Limited
- Intra Africa Assurance Company Limited
- Invesco Assurance Company Limited
- Jubilee Allianz General Insurance Limited
- Jubilee Health Insurance Limited
- Kenindia Assurance Company Limited
- Kenya Orient Insurance Limited
- Madison General Insurance Kenya Limited
- Mayfair Insurance Company Limited
- MUA Insurance (Kenya) Limited
- Occidental Insurance Company Limited
- Old Mutual General Insurance Kenya Limited
- Pacis Insurance Company Limited
- Pioneer General Insurance Limited
- Sanlam General Insurance Company Limited
- Star Discover Insurance Limited
- Takaful Insurance of Africa Limited
- Tausi Assurance Company Limited
- The Heritage Insurance Company Limited
- The Kenyan Alliance Insurance Company Limited
- The Monarch Insurance Company Limited
- Trident Insurance Company Limited
b) Licensed Long Term (Life) Insurance Companies
Long Term (Life) Insurance Companies
- ABSA Life Assurance Kenya Limited
- APA Life Assurance Limited
- Britam Life Assurance Company (K) Limited
- Cannon Life Assurance (K) Limited
- Capex Life Assurance Company Limited
- CIC Life Assurance Limited
- Equity Life Assurance (Kenya) Limited
- GA Life Assurance Limited
- Geminia Life Insurance Company Limited
- ICEA LION Life Assurance Company Limited
- Jubilee Life Insurance Limited
- Kenindia Assurance Company Limited
- Kenya Orient Life Assurance Limited
- KUSCCO Mutual Assurance Limited
- Liberty Life Assurance Kenya Limited
- Madison Life Assurance Kenya Limited
- Old Mutual Life Assurance Kenya Limited
- Pioneer Assurance Company Limited
- Prudential Life Assurance Kenya Limited
- Sanlam Life Insurance Limited
- Star Discover Life Insurance Limited
- The Kenyan Alliance Insurance Company Limited
- The Monarch Insurance Company Limited