The primary purpose of the Motor Insurance Report is to examine the level of accident frequency and costs, and the related impact upon allocated premium differentials by driver profile. This report is based on the analysis of car insurance kenya policy, premium and claim data. statistical analysis provides a key impact to the decision-making of other policy makers, financial market participants and the public.
Earned premium income, exposure, total paid, estimated cost, cost, number of claims, number of large claims, surplus/deficit per policy, and total surplus/deficit, classified by cover type, age, sex, and licence type; average premium, by company, age, sex and licence type; average cost per vehicle year, average surplus, number of claims, number of large claims over €100k, average cost per claim, accident frequency, and large claim rate, by cover type.
