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Kenyan (NSE) Insurance Industry Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies6
  • 7D2.1%
  • 3M5.6%
  • 1Y63.6%
  • YTD4.8%

Over the last 7 days, the Insurance industry has risen 3.6%, driven by gains in Britam Holdings and Jubilee Holdings of 3.7% and 3.1%, respectively. In the last 12 months, the industry was up 67%.

Industry Valuation and Performance

Has the Kenyan Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Jan 2026KSh86.7bKSh135.7bKSh19.3b4.4x4.5x0.6x
Sat, 13 Dec 2025KSh81.4bKSh135.7bKSh19.3b4.4x4.2x0.6x
Mon, 10 Nov 2025KSh84.3bKSh136.0bKSh19.5b4.4x4.3x0.6x
Wed, 08 Oct 2025KSh84.1bKSh136.0bKSh19.5b4.5x4.3x0.6x
Fri, 05 Sep 2025KSh85.7bKSh137.2bKSh19.0b4.5x4.5x0.6x
Sun, 03 Aug 2025KSh69.9bKSh134.9bKSh19.3b3.8x3.6x0.5x
Tue, 01 Jul 2025KSh62.8bKSh134.9bKSh19.3b3.3x3.3x0.5x
Thu, 29 May 2025KSh58.3bKSh143.1bKSh18.6b3.2x3.1x0.4x
Sat, 26 Apr 2025KSh56.1bKSh143.6bKSh18.7b3.2x3x0.4x
Mon, 24 Mar 2025KSh58.7bKSh134.2bKSh15.7b4.4x3.7x0.4x
Wed, 19 Feb 2025KSh54.2bKSh134.2bKSh15.7b4x3.5x0.4x
Fri, 17 Jan 2025KSh52.9bKSh133.6bKSh15.2b4.2x3.5x0.4x
Sun, 15 Dec 2024KSh42.8bKSh133.6bKSh15.2b3.6x2.8x0.3x
Tue, 12 Nov 2024KSh43.2bKSh133.6bKSh15.2b4x2.8x0.3x
Thu, 10 Oct 2024KSh43.3bKSh133.6bKSh15.2b3.7x2.8x0.3x
Sat, 07 Sep 2024KSh41.1bKSh131.9bKSh14.4b3.5x2.9x0.3x
Mon, 05 Aug 2024KSh42.5bKSh130.0bKSh14.5b3.7x2.9x0.3x
Wed, 03 Jul 2024KSh44.1bKSh130.0bKSh14.5b3.8x3x0.3x
Fri, 31 May 2024KSh44.5bKSh146.2bKSh13.6b4.1x3.3x0.3x
Sun, 28 Apr 2024KSh42.6bKSh141.4bKSh13.7b4x3.1x0.3x
Tue, 26 Mar 2024KSh43.9bKSh140.4bKSh13.5b3.9x3.3x0.3x
Thu, 22 Feb 2024KSh40.2bKSh140.4bKSh13.5b3.5x3x0.3x
Sat, 20 Jan 2024KSh42.3bKSh140.4bKSh13.5b3.7x3.1x0.3x
Mon, 18 Dec 2023KSh39.6bKSh143.4bKSh13.4b4x2.9x0.3x
Wed, 15 Nov 2023KSh39.4bKSh143.4bKSh13.4b3.8x2.9x0.3x
Fri, 13 Oct 2023KSh38.2bKSh143.4bKSh13.4b3.7x2.8x0.3x
Sun, 10 Sep 2023KSh40.1bKSh141.0bKSh13.0b5.4x3.1x0.3x
Tue, 08 Aug 2023KSh39.3bKSh141.0bKSh13.0b5.3x3x0.3x
Thu, 06 Jul 2023KSh39.3bKSh142.0bKSh13.0b4.6x3x0.3x
Sat, 03 Jun 2023KSh38.1bKSh145.8bKSh10.1b4.5x3.8x0.3x
Mon, 01 May 2023KSh37.0bKSh145.8bKSh10.1b4.1x3.7x0.3x
Wed, 29 Mar 2023KSh37.5bKSh143.5bKSh9.8b4.8x3.8x0.3x
Fri, 24 Feb 2023KSh40.0bKSh140.7bKSh9.4b7.3x4.3x0.3x
Sun, 22 Jan 2023KSh41.6bKSh140.7bKSh9.4b7.1x4.4x0.3x
Price to Earnings Ratio

4.4x


Total Market Cap: KSh41.6bTotal Earnings: KSh9.4bTotal Revenue: KSh140.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Kenyan Insurance Industry Price to Earnings3Y Average 3.4x202420252026
Current Industry PE
  • Investors are optimistic on the Kenyan Insurance industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 4.5x which is higher than its 3-year average PE of 3.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.36x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 27% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Kenyan Financials industry?

KE Market0.85%
Financials1.46%
Insurance2.08%
General Insurance2.73%
Life and Health Insurance1.43%
Reinsurance-0.32%
Industry PE
  • Investors are most optimistic about the General Insurance industry which is trading above its 3-year average PE ratio of 3.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Life and Health Insurance industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BRIT Britam HoldingsKSh9.543.7%
+KSh858.0m
27.9%PE5.1x
JUB Jubilee HoldingsKSh345.253.1%
+KSh742.8m
77.3%PE5.2x
CIC CIC Insurance GroupKSh4.571.3%
+KSh172.6m
103.5%PE4.8x
LBTY Liberty Kenya HoldingsKSh10.250.5%
+KSh26.8m
57.7%PE4x
SLAM Sanlam Allianz Holdings (Kenya)KSh8.501.4%
+KSh17.3m
64.1%PE1.7x

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