Insurance

EARNINGS17 Aug

Liberty Kenya half-year profits fall 46% to Sh231m

Liberty Kenya Holdings Plc has reported a 46 per cent drop in half year earnings to Sh231 million due to lower investment income.

Kenya insurtech startups attract Sh8.6bn over five years

Kenya's insurtech startups have attracted Sh8.6 billion in venture capital over the past five years, cementing the country's position as one of Africa's leading innovation hubs

FUNDING3 Aug

Firm challenges mandatory travel insurance scheme over alleged Kenya Re, Minet roles

A private firm has petitioned the High Court to halt Kenya's Mandatory Inbound Travel Health Insurance Programme, alleging the scheme unlawfully favours selected insurers, including alleged roles for Kenya Re and Minet Kenya, through an unfair and anti-competitive process.

INSURANCE3 Aug

Political uncertainty could drive up insurance costs, SanlamAllianz says

SanlamAllianz General Insurance Kenya CEO, George Kuria, expects insurance costs to rise due to repricing by reinsurers as political activities in the country pick up.

INSURANCE21 Feb