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    Allianz, Sanlam in Mega Merger to Form Africa’s Biggest Insurance Firm

    African insurer Sanlam and Germany’s Allianz have agreed to combine their current and future operations across Africa to create the…

    4th May 2022
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    • Allianz, Sanlam in Mega Merger to Form Africa’s Biggest Insurance Firm
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    The Allianz, Sanlam joint venture is set to house both firms’ African business units, in all countries on the continent apart from South Africa, and Namibia which is set to be included at a later date.

    Stanbic Bank Signs KSh1bn Insurance for SME Loans

    Stanbic Bank Kenya and the African Guarantee Fund for Small & Medium-sized Enterprises (AGF) Tuesday signed a Loan Portfolio Guarantee…

    7th April 2022
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    • Stanbic Bank Signs KSh1bn Insurance for SME Loans
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    The Portfolio Guarantee Facility of Ksh 1 Billion will allow Stanbic Bank Kenya expand their lending capacity and coverage to SMEs.

    Resolution Insurance Company Placed Under Statutory Management

    The Insurance Regulatory Authority (IRA) has placed Resolution Insurance Company Ltd under statutory management. IRA says the company has been…

    6th April 2022
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    • Resolution Insurance Company Placed Under Statutory Management
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    The Insurance Regulatory Authority, IRA, has placed Resolution Insurance Company under Statutory Management.

    CIC Insurance Group Swings to Profit, to Prioritise on Underwriting 

    CIC Insurance Group Plc on Wednesday swung to the full year 2021 profit from a loss the corresponding year. The…

    16th March 2022
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    • CIC Insurance Group Swings to Profit, to Prioritise on Underwriting 
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    CIC Insurance Group Plc posted Ksh.668.4 million profit compared to a loss of Ksh 296.8 million in 2020 attributed to improving income.

    Pula Announces KSh85.1 Mn Crop Insurance Payout to Coast Farmers 

    Pula, a leading Agricultural technology that develops and deploys crops and livestock insurance, in partnership with APA Insurance announced KSh85.1…

    28th January 2022
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    • Pula Announces KSh85.1 Mn Crop Insurance Payout to Coast Farmers 
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    In the four counties, the AreaYield Index product was developed by Pula to protect smallholder farmers from risks such as floods, drought, diseases, and pests.

    Court Suspends 50pct Rise in Car Insurance

    The Kenyan High Court on Wednesday suspended the planned increment of premiums for motor vehicle insurance by up to 50…

    12th January 2022
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    • Court Suspends 50pct Rise in Car Insurance
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    The Kenyan High Court on Wednesday suspended the planned increament of premiums for motor vehicle insurance by up to 50 per cent.

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