Nairobi, April 8 -- President William Ruto has approved allocation of Sh4 billion to partially settle pending bills owed by the defunct National Health Insurance Fund (NHIF), marking part of the chang... Read More
Nairobi, April 8 -- The Policyholders Compensation Fund (PCF) is preparing to introduce a framework for setting the statutory management fees on collapsed insurers after an audit revealed it currently... Read More
Nairobi, April 8 -- The Policyholders Compensation Fund (PCF) is preparing to introduce a framework for setting the statutory management fees on collapsed insurers after an audit revealed it currently... Read More
Nairobi, April 7 -- Kenyans with money to keep in the country's top nine banks saw returns drop Sh63.7 billion last year as lenders cut savings rates more aggressively than lending rates in a push to ... Read More
Nairobi, April 6 -- Three Kenyan insurers, which were recently placed under statutory management and barred from taking on new business, owed customers more than Sh3.43 billion in unpaid claims as of ... Read More
Nairobi, March 4 -- Jubilee Holdings Limited plans a special dividend from part of Sh4.5 billion expected from the sale of general insurance stakes in Kenya, Uganda, Tanzania, Burundi and Mauritius to... Read More
Nairobi, March 3 -- The share of bad loans among saccos supervised by the Sacco Societies Regulatory Authority (Sasra) has dropped to near the recommended maximum threshold of five percent, pointing t... Read More
Nairobi, March 2 -- APA Apollo Group is set to acquire two insurance companies in Tanzania as it moves to increase its share of underwriting businesses outside Kenya. The insurer, which already has a... Read More
Nairobi, March 1 -- Ashok Shah says risk behaves a lot like chemistry, where variables interact, reactions follow patterns, and results reward patience. It is a lesson he first learned at Kingston Uni... Read More
Nairobi, March 1 -- The widening conflict in the Middle East in the wake of joint US-Israel strikes against Iran has put Kenya's trade worth over Sh700 billion at risk, with ramifications for inflatio... Read More