Kenya’s insurance industry recorded strong growth in 2025, with gross direct premiums rising by 16.5% to KES 466.6 billion, up from KES 400.6 billion in 2024. According to Insuarance Regultory Authority, Life insurance recorded the strongest growth, with premiums increasing by 23.2% to KES 236.29 billion. The life fund also grew by 22.9% to KES 990.27 billion, nearing the KES 1 trillion mark. Growth in deposit administration and personal pensions also reflected increased uptake of long-term savings and retirement products.