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
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
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
Nairobi, July 13 -- Directline Assurance has reclaimed its position as the top insurer of public service vehicles (PSVs), marking a comeback in a segment that has seen rivalry and shifting market shar... Read More
Nairobi, July 13 -- Directline Assurance has reclaimed its position as the top insurer of public service vehicles (PSVs), marking a comeback in a segment that has seen rivalry and shifting market shar... Read More
Nairobi, July 13 -- Seven insurance firms are facing regulatory fines for missing deadlines to submit records of their business performance, including premiums received and claims paid out. Disclosur... Read More
Nairobi, July 12 -- Kenya Reinsurance Corporation increased its investment in its Zambian subsidiary by Sh284 million last year, more than doubling its total capital in the unit to meet the revised ca... Read More