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Mergers and Acquisitions in Kenya’s Insurance Sector
High Insurance Growth Potential: Insurance mergers and acquisitions in Kenya are partly driven by stakeholders seeking to close the gap with best-in-class markets globally. Life insurance gross ...
It is no secret that insurance in Kenya is relatively expensive. From motor vehicle to health insurance, costs are sky-rocketing due to associated risks such as increased cases of carjackings and a ...
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Discovery Health Rebrands Vitality Health International Africa in Employer Health Push
NAIROBI, Kenya, May 21-Discovery Health has rebranded its employer health insurance arm, Vitality Health International (Africa), to Discovery Health - Global Health Solutions, in a move aimed at ...
According to the Insurance Regulatory Authority (IRA), insurance uptake stands at a low of 3% compared to the global rate of 6% The Central Bank of Kenya (CBK) allowed commercial banks to operate a ...
Africa’s insurance market stands at a 3% penetration rate, per a McKinsey study in 2018 comparing six insurance regions on the continent. If the South African market is excluded, this number drops to ...
For decades, health insurance in Kenya has carried the image of exclusivity. It was seen as a financial product designed for people with stable pay slips, corporate jobs, and predictable incomes.
NAIROBI, April 11 (Reuters) - Kenya will spend $140 million to roll out an expanded insurance scheme for livestock farmers to cushion them against the vagaries of frequent droughts, officials said on ...
Co-operative Bank of Kenya has been named SME Bank of the Year in Africa at the 2026 African Banker Awards for its strong support of small and medium enterprises across the continent. Experts: Finance ...
“There are several areas that we are expanding [into], but one area that we are seriously looking at and we want to see how we can grow […] is micro insurance,” Ashok Shah, the chief executive of ...
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