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Jubilee taps embedded insurance to widen health cover access

Nairobi, July 23 -- Jubilee Health Insurance has partnered with Singapore-headquartered insurtech bolttech to expand access to health insurance by embedding its products into digital platforms that co... Read More


Treasury ousts four Kenya Re directors amid clashes

Nairobi, July 22 -- The Treasury has ejected four of its representatives from the Kenya Reinsurance Corporation (Kenya Re) board, including chairman Erick Gumbo, in a bid to quell tensions that have r... Read More


Pesalink money transfer fee cuts spread to 19 banks in retail battle

Nairobi, July 21 -- The number of banks cutting Pesalink fees has nearly doubled to 19, as lenders roll out free transfers of up to Sh1,000 and a flat charge of Sh20 on larger transactions to attract ... Read More


KeNHA hit with Sh8.2bn penalties as project disputes top Sh32bn

Nairobi, July 20 -- The Kenya National Highways Authority (KeNHA) has incurred Sh8.2 billion in penalties on delayed payments to contractors in the financial year to June 30, 2025, even as project dis... Read More


CBK and Supreme Court differ over bank loan rates

Nairobi, July 19 -- The Central Bank of Kenya (CBK) has differed with the Supreme Court judgment requiring commercials banks to seek formal approval from the Treasury Cabinet Secretary before changing... Read More


Stanbic Holdings pays Sh1.1bn franchise fee to SA parent firm

Nairobi, July 19 -- Stanbic Holdings paid Sh1.11 billion in franchise fees to its South Africa-based parent, Standard Bank Group, in the year ended December 2025, marking the latest such payout to the... Read More


Microfinance banks post deposit growth after 3 years

Nairobi, July 16 -- Deposits held by microfinance banks have edged up for the first time in three years, signalling a tentative recovery for a sector that has been under pressure from tight economic c... Read More


Insurer MUA Kenya to get extra capital after Sh1.6bn hole

Nairobi, July 16 -- Mauritius-based insurer MUA Limited is weighing recapitalisation of its Kenyan subsidiary following the uncovering of Sh1.6 billion hidden liabilities through a forensic audit that... Read More


Insurers' NSE portfolio climbs to four-year high amid rally

Nairobi, July 16 -- Insurance and reinsurance firms have increased the share of their investments at the Nairobi Securities Exchange (NSE) to a four-year high of 3 percent, riding on a sustained equit... Read More


Why insurance reporting delays raise red flags for IRA

Nairobi, July 14 -- Kenya's insurance sector has witnessed repeated cases of delays in submission of quarterly reports to the Insurance Regulatory Authority (IRA). Many insurance firms have ended pay... Read More