Discover East Africa’s most capitalized insurers, with country base, assets, footprint and strengths shaping the region’s insurance sector.
| Rank | Insurer | Capital / Asset (USD) | Country Base | Footprint | Key Strength |
|---|---|---|---|---|---|
| 1 | Jubilee Holdings | Equity ~ $393M Assets ~ $1.64B | Kenya | KE, UG, TZ, BI | Largest insurer in E. Africa; diversified life, health, general with highest assets. |
| 2 | Britam Holdings | Assets estimate (2019) ~ $1.0B+ | Kenya | KE, UG, TZ, RW, SS, MOZ, MW | Strong pan-African insurer with diversified products. |
| 3 | Old Mutual Holdings | Not standardised; large regional group | Kenya | KE, UG, SS, RW, TZ, DRC, MU | Pan-African insurer & asset manager with broad reach. |
| 4 | Equity Life Assurance (Kenya) | High GWP; equity proxies | Kenya | KE | Leading life insurer with strong growth. |
| 5 | APA Insurance (Kenya) | GWP & market share leader | Kenya | KE | Large non-life insurer with strong motor & SME focus. |
| 6 | CIC Insurance Group (Kenya) | Assets ~ $300M+ (local) | Kenya | KE, UG, SS | Strong micro-insurance & diversified portfolio. |
| 7 | GA Insurance (Kenya) | Market share leader non-life | Kenya | KE | Diversified general insurance solutions. |
| 8 | ICEA Lion Group (Kenya) | Life & non-life premiums high | Kenya | KE | Strong bancassurance & life sector presence. |
| 9 | Lion Insurance Company | Assets ~ 1.7B ETB (~$30M) | Ethiopia | ET | Leading insurer in Ethiopia with steady growth. |
| 10 | Jubilee Health Insurance | Health insurance specialist | Kenya | KE, UG, TZ | Focused health insurance with high GWP. |