The insurance industry surged during the first nine months of 2025, with total premiums hitting Ksh…
Tag: insurance
How the Kenyan Alliance Insurance Company’s Fund Builder fits disciplined retirement planning as economic uncertainty grows
For Nairobi-based accountant James Mwirigi, long-term saving was something he understood but struggled to maintain in…
How IFRS 17 is redefining insurance reporting in Kenya
By Michael Kamau For years, insurance accounting in Africa relied on a patchwork of practices that…
Britam, Hotpoint and MIC Global Risks unveil innovative, point of sale all-risks cover
Britam General Insurance, Hotpoint Appliances and MIC Global Risks have partnered to provide an All-Risks insurance…
How Africa is tackling climate risks to enhance agriculture resilience
Climate risks have left millions of African farmers vulnerable to climate change and threatens regional food…
How risk management is securing harvests for the modern farmer
For Samson Muoki, a grain farmer in the semi-arid Machakos County, growing maize has become an…
Why Old Mutual is rooting for redefined advisor-customer relations
For decades, insurance advisors have been at the heart of connecting people to financial protection. Yet,…
How to reimagine insurance for Gen Z
By Evans Manduku Kenya’s median age is 20, according to the United Nations Human Development Report…
Old Mutual Holdings profit down 98% on higher claims, expenses
An increase in insurance claims and service expenses were key in pushing down Old Mutual Holdings’…
Why insurers should pool together to underwrite risks in Africa
By Dianah Gichohi Africa is rapidly emerging as the next frontier for global business expansion. With…
Why SBM Bank Kenya has set up a bancassurance intermediary
SBM Bank Kenya has established a Bancassurance Intermediary seeking to redefine the future of integrated financial…
Why corporate Kenya should embrace insurance
By Francis Maina In Kenya’s boardrooms, insurance is rarely seen as a game-changer. More often, it…
Old Mutual curating insurance solution for risks in built environment
Old Mutual has entered into a strategic partnership with the Architectural Association of Kenya (AAK) to…
Minet Kenya wins 7 awards at 2025 Think Business Insurance
Minet Kenya was among the leading winners at the 15th Edition of the Think Business Insurance…
Students champion insurance, wealth creation at music festival
Students at the 2025 Kenya Music Festivals (KMF) are actively championing the importance of embracing insurance…
Why Minet is focusing on networking events, business risk advisory
Minet, a risk management and insurance advisory firm, is prioritising its Business All-Risk product as the…
How insurance brokers can help you navigate financial risks
By Eric Rugo There is no dispute that insurance plays an indispensable role in society by securing individuals, families…
What to consider when buying private motorcycle insurance cover
There are about 3 million motorcycles on Kenyan roads, most of them used as boda bodas.…
Why Prudential Assurance is recruiting 5,000 agents in Kenya
Prudential Assurance plans to recruit and train more than 5,000 sales agents across Kenya over the…
Bupa Global sets up Nairobi office to serve African market
Bupa Global, a private medical insurance provider, has opened its first office in Africa, based in…
OLEA seals key insurance acquisitions in Botswana and Uganda
OLEA, a Pan African insurance broker, has sealed a deal to acquire to Marsh Uganda and…
Why Policyholders Compensation Fund is sensitising the public on insurance
The Policyholders Compensation Fund (PCF) has rolled out a sensitisation campaign to educate the public on…
Old Mutual offers insurance customers monthly payment option
Old Mutual General Insurance Kenya (OMGIK) has launched a Monthly Premiums Plan, which is designed to…
University students tapped to develop AI-driven insurance solutions
Kenya Reinsurance Corporation (Kenya Re) has launched the Kenya Re AI4Insurance Hackathon 2024, challenging university students…
How your insurance premium is calculated
By Benedicto Makena, Head of Life and Pensions at Kenya Orient Life Assurance Limited There are…
Loreen Makwanya to head UAP Old Mutual’s Life business
Old Mutual Group has appointed Loreen Makwanya as its new Managing Director, to head its Life…
Britam offers Safaricom subscribers Personal Accident cover
Safaricom has partnered with Britam to introduce an affordable data plan dubbed Data Plus, which offers…
How insurers can leverage the digital space to deepen uptake
Insurance players have been challenged to increase investments in digital transformations and processes in order to…
ATIDI rolls out insurance services in Senegal
The African Trade & Investment Development Insurance (ATIDI) completed a workshop on “De-risking trade and Investments…
AKI launches consumer self-service Bima Yangu App
The Association of Kenya Insurers has launched the Bima Yangu App, which is a mobile application…
Minet Kenya unveils ‘comprehensive’ cover for SMEs
Insurance broker, Minet Kenya has unveiled an insurance cover that allows small and medium enterprises (SMEs)…
Old Mutual supports Dr. Faith Mwende’s Everest climb
Old Mutual East Africa Group has partnered with mountaineer Dr. Faith Mwende to highlight the importance…
KCB, NBK, Sanlam Life Insurance seal distribution deal
KCB and National Bank of Kenya have signed a distribution deal with Sanlam Life Insurance to…
AAR Insurance customizes medical cover for Gor Mahia
AAR Insurance has announced its customized medical cover for Gor Mahia FC. The cover will see…
US pension schemes direct over $500 million to Africa
A U.S. institutional investors delegation trip to Kenya and Senegal is taking place this week on…
CIC Insurance Group bounces back to profitability
CIC Insurance Group Plc has steered back into profitability after reporting a 2021 full year pretax…
Octagon Africa offers a system to provide unified service across Kenya, Uganda and Zambia
Over 250,000 pension and insurance customers will enjoy superior and unified services across Kenya, Uganda and…
UAP Old Mutual signs deal to support 10,000 SMEs
UAP Old Mutual has embarked on a tripartite agreement with SME Support Centre (SSC) and Kenbright…