Trinidad & Tobago

Axco provides details on the life insurance sector including Kenyan market participants, reinsurance and distribution channels. The reports describe classes of business from both individual and group life such as whole life, endowment, term life and unit-linked.
Information on non-life classes for example critical illness and private medical insurance.

The report describes the public and private healthcare system in Kenya, the scope of cover, accessibility financing and provides an analysis of how the public and private systems complement each other.

Axco reports on the three pillars of Kenya pension provision.

• State pension benefits including benefit calculations and eligibility criteria 
• Workplace pension provision; types of schemes calculations eligibility and; tax implications
• Voluntary individual pension provision, type of products and tax implications

The Kenya report provides an in-depth analysis of the regulatory framework governing social security as well as details on financing and eligibility. Information includes but is not limited to

• state pensions,
• permanent disability benefit
• occupational accident and disease
• maternity and paternity payments 

The fundamentals of Kenya support long-term life market premium growth with a population estimated to exceed 51 million, a young demographic, low penetration and an expanding middle-class. It is Africa's third life insurance market behind South Africa and Egypt. Nairobi county accounts for much the largest share of life market premium.

Mostly double-digit premium growth since 2000 has averaged 16.4% per year to 2018. Life market premium ....

Kenyan pensions comprise public and private provision, mostly covering the minority of formal sector workers. Employees in formal sector work accounted for less than 17% of the 15.9 million work force in 2018, at 2.6 million people. Cover levels among the 13.3 million informal sector workers are very low.

Pillar I provision covers formal private sector employees and the self-employed, funded by ....

Kenya has a fragmented healthcare system supplied by a range of public and private providers. Cover is adequate in urban centres but often scarce in more remote rural areas.

The health system, however, is at the start of major reform: it is one of the "Big Four" development policy objectives for Kenya, which is seeking to meet the UN 2030 Sustainable Development Goal (SDG) with implementation ....