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Kenyan (NSE) Insurance Industry Analysis

UpdatedDec 10, 2024
DataAggregated Company Financials
Companies6
  • 7D-1.6%
  • 3M6.8%
  • 1Y7.5%
  • YTD6.4%

Over the last 7 days, the Insurance industry has dropped 1.4%, driven by a pullback from Kenya Reinsurance of 7.0%. Over the past 12 months, the industry was up 7.8%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 10 Dec 2024KSh43.1bKSh133.6bKSh15.2b3.6x2.8x0.3x
Thu, 07 Nov 2024KSh42.8bKSh133.6bKSh15.2b3.9x2.8x0.3x
Sat, 05 Oct 2024KSh43.0bKSh133.6bKSh15.2b3.6x2.8x0.3x
Mon, 02 Sep 2024KSh40.2bKSh131.9bKSh14.4b3.5x2.8x0.3x
Wed, 31 Jul 2024KSh43.3bKSh130.0bKSh14.5b3.8x3x0.3x
Fri, 28 Jun 2024KSh43.5bKSh133.7bKSh14.5b3.6x3x0.3x
Sun, 26 May 2024KSh42.4bKSh146.2bKSh13.6b4x3.1x0.3x
Tue, 23 Apr 2024KSh43.4bKSh140.4bKSh13.5b4.1x3.2x0.3x
Thu, 21 Mar 2024KSh41.4bKSh140.4bKSh13.5b3.8x3.1x0.3x
Sat, 17 Feb 2024KSh40.0bKSh140.4bKSh13.5b3.5x3x0.3x
Mon, 15 Jan 2024KSh40.9bKSh140.4bKSh13.5b3.9x3x0.3x
Wed, 13 Dec 2023KSh40.1bKSh143.4bKSh13.4b4x3x0.3x
Fri, 10 Nov 2023KSh38.1bKSh143.4bKSh13.4b3.5x2.8x0.3x
Sun, 08 Oct 2023KSh38.8bKSh143.4bKSh13.4b3.6x2.9x0.3x
Tue, 05 Sep 2023KSh40.8bKSh141.0bKSh13.0b5.1x3.1x0.3x
Thu, 03 Aug 2023KSh39.6bKSh141.0bKSh13.0b5.3x3.1x0.3x
Sat, 01 Jul 2023KSh38.9bKSh142.0bKSh13.0b4.5x3x0.3x
Mon, 29 May 2023KSh36.5bKSh145.8bKSh10.1b4.5x3.6x0.3x
Wed, 26 Apr 2023KSh36.8bKSh145.8bKSh10.1b4.4x3.6x0.3x
Fri, 24 Mar 2023KSh36.4bKSh140.7bKSh9.4b7.4x3.9x0.3x
Sun, 19 Feb 2023KSh40.4bKSh140.7bKSh9.4b7.4x4.3x0.3x
Tue, 17 Jan 2023KSh42.5bKSh140.7bKSh9.4b7.2x4.5x0.3x
Thu, 15 Dec 2022KSh40.4bKSh141.9bKSh9.1b7.1x4.5x0.3x
Sat, 12 Nov 2022KSh43.9bKSh141.9bKSh9.1b7.2x4.8x0.3x
Mon, 10 Oct 2022KSh47.2bKSh142.0bKSh9.4b7.4x5x0.3x
Wed, 07 Sep 2022KSh52.4bKSh143.5bKSh10.2b15.5x5.1x0.4x
Fri, 05 Aug 2022KSh48.2bKSh142.4bKSh9.9b14.3x4.9x0.3x
Sun, 03 Jul 2022KSh48.4bKSh142.4bKSh9.9b14.4x4.9x0.3x
Tue, 31 May 2022KSh51.8bKSh140.2bKSh10.8b4.3x4.8x0.4x
Thu, 28 Apr 2022KSh52.0bKSh140.2bKSh10.8b4.4x4.8x0.4x
Sat, 26 Mar 2022KSh53.7bKSh131.8b-KSh30,566,000.004.2x-1755.9x0.4x
Mon, 21 Feb 2022KSh56.7bKSh131.8b-KSh30,566,000.004.4x-1856.2x0.4x
Wed, 19 Jan 2022KSh58.2bKSh131.8b-KSh30,566,000.004.6x-1905.4x0.4x
Fri, 17 Dec 2021KSh59.1bKSh130.2bKSh607.2m3.8x97.3x0.5x
Price to Earnings Ratio

97.3x


Total Market Cap: KSh59.1bTotal Earnings: KSh607.2mTotal Revenue: KSh130.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Kenyan Insurance Industry Price to Earnings3Y Average -148.4x202220232024
Current Industry PE
  • Investors are pessimistic on the Kenyan Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 2.8x which is higher than its 3-year average PE of -148x.
  • The industry is trading close to its 3-year average PS ratio of 0.32x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 193% 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 Market2.98%
Financials1.30%
Insurance-1.61%
Insurance Brokers0%
Property and Casualty Insurance0%
General Insurance-1.26%
Reinsurance-2.63%
Life and Health Insurance-11.31%
Industry PE
  • Investors are most optimistic about the General Insurance industry which is trading above its 3-year average PE ratio of 0.92x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
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
LBTY Liberty Kenya HoldingsKSh7.363.4%
+KSh128.6m
104.4%PE6x
BRIT Britam HoldingsKSh5.980.7%
+KSh100.9m
17.7%PE4.2x
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Latest News

CIC

KSh2.07

CIC Insurance Group

7D

-1.4%

1Y

-9.6%

SLAM

KSh4.00

Sanlam Kenya

7D

-11.3%

1Y

-41.5%

LBTY

KSh7.36

Liberty Kenya Holdings

7D

3.4%

1Y

104.4%

JUB

KSh163.50

Jubilee Holdings

7D

-4.9%

1Y

-11.6%

BRIT

KSh5.98

Britam Holdings

7D

0.7%

1Y

17.7%

KNRE

KSh1.11

Kenya Reinsurance

7D

-2.6%

1Y

25.4%