Patrick Alushula

Investment operations remained the largest contributor to the group profitability, with pre-tax earnings from this unit hitting Sh1.52 billion in the review period from Sh1.17 billion in the previous financial year.

Firm proposes payout on back of the group net profit falling by 8.8 per cent to Sh743.91 million from Sh812.81 million last year.

Centum Investment Company has become a debt-free holding company after completing a multi-year balance sheet restructuring programme that began in 2020, offering room for higher dividends to shareholders.

TelPosta Pension Scheme has dodged a Sh13.4 billion pension liability after the High Court dismissed claims by former members for additional

Le secteur de l'assurance kényan se tourne de plus en plus vers l'économie informelle et les petites entreprises mal desservies, signe d'une évolution à travers l'Afrique, les assureurs cherchant à combler le déficit de protection du continent.

From new microinsurance subsidiaries to strategic partnerships with insurtechs, telcos and financial service providers, insurers are rethinking how

The rise in funding comes as insurtech firms play an increasingly central role in narrowing Africa's vast insurance protection gap.

The draft framework says firms must formalise relationships with vendors and ensure enforceable protections are in place before any data leaves Kenya.

The expansion of agricultural insurance is closely linked to the rising frequency and severity of climate change-related events such as droughts and floods, which have, in recent years, wiped out crops and livestock across large parts of the country.

Kenya in October 2020 started collecting personal data on beneficial owners, including their names, KRA PIN, national ID or passport copies, postal address, residential address, occupation and telephone numbers.