Kenya Insurance Industry News
New rules to protect Kenyan Sacco members
… ANYANZWA More by this Author Kenya is working on new rules … framework for Sacco societies in Kenya. ...
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Insurer UAP seeks loan to pay off Sh2bn bond
… for redemption next month. The insurer issued the bond in July … says in the report. With Kenyan...
LETTERS: Proposed law puts insurance sector on deathbed
… out that over 10 insurance companies in Kenya are not paying claims … they are doing
EDITORIAL: Expand crop insurance programme for farmers
… proof that the government’s insurance project holds great potential. … of nature. Under the subsidised
World: United Nations, IFC, African Risk Capacity, and AAISA Work Towards Creating Disaster Risk Insurance Markets in Africa
… crises. Index and disaster risk insurance products help protect agribusinesses, farmers … Member States to provide development
GPB Capital Share Prices Plummet - Investment Fraud Lawyers File Claims to Recover Losses
Investors are very alarmed by the massive drop in their GPB Capital share prices and having investment fraud lawyers recover losses. PALM BEACH, FL, USA, June 24, 2019...
Doctor targets foreign-bound patients with Sh1bn hospital
… that seeks to attract Kenyan patients who would otherwise … that will also help Kenyans get the best services …...
Wanjui, Muguiyi bid to sell Sh3.1bn UAP stake delayed
… six percent stake in the insurer for Sh3.1 billion to … its latest annual report. The insurer did not say what...
Rotich ordered to respond in boda boda suit
Monday, June 24, 2019 22:00 By RICHARD MUNGUTI Boda Boda riders in Nairobi. FILE PHOTO | NMG  The High Court has given Treasury Secretary Henry Rotich and the...
Kenya, Somalia sea row threatens war on piracy
… continue to target vessels. Kenya defence minister Raychelle Omamo … in Balaclava, Mauritius. Kenya...
America-based insurer targets expatriates in Kenyan entry
… has ventured into the Kenyan insurance market with the launch … in Nairobi. The international insurer, which is...
An expats’ guide to healthy living in Kenya
… , manufacturing and IT, Kenya has excellent opportunities for … accessibility of healthcare in Kenya can dramatically vary ...
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Insurers eye Sh13.5bn boost from new boda boda cover
… to procure third-party cover. Kenyan insurance companies currently price third-party … 1.3 million motorcycles on
Bamburi spends Sh153m on laying off employees
… and Barclays Bank of Kenya #ticker:BBK are among the … measures seen in corporate Kenya, with firms aiming to boost ...
Man's bankruptcy bid in Sh8m debt row rejected
… including Sidian Bank (Sh2 million), Kenya Women Trust Fund (Sh507,000 … his motor vehicle, which Britam Insurance Company had...
Gainme services for mutual fund, health insurance, motor insurance and claim settlement
Recently gainme.com portal launched online service of mutual fund, health insurance, motor insurance & claim settlement, company provided all services by online NEW...
Suntra CEO Kinoti exits broker after two-year contract
… private equity, real estate, microfinance, insurance and fund management in East … the founder CEO of ECLOF Kenya, a...
Disorderly CEO exit bound to cause acrimony in board
Sunday, June 23, 2019 22:00 By CAROL MUSYOKA Good CEOs don’t get fired. FILE PHOTO | NMG  This week’s corporate governance exemplar stems from our brothers down...
Why mortgage insurance is a must have
… mortgage protection insurance, fire and perils insurance and retrenchment insurance cover. ...
Auctioneers raid Amaco Insurance in Sh15m debt row with Meru clinic
… percent share of the Kenyan market, according to Insurance Regulatory Authority data …
Review of insurance law puts compensation fund to the test
insurer.” “To address these challenges, I have proposed amendments to the Insurance … under the case of...
New GHC50m minimum insurance capital being revised
… profitability results. Indeed, most insurance jurisdictions are adopting a … insurers. Indeed, this supports the arguments of...
Lifeline for clients of troubled insurers
Thursday, June 13, 2019 21:08 By GEORGE OMONDI Treasury Secretary Henry Rotich. FILE PHOTO | NMG  Policy holders of firms in financial distress are headed for a...
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Boda bodas, tuktuks to foot passenger insurance bills
… Third Party Risks, Certificate of Insurance) regulations will be amended to … popularity of boda bodas among Kenyans. ...
Jailed Kenya Re ex-finance chief in more trouble
… By SAM KIPLAGAT Former Kenya Re-insurance finance director John Faustin … payment from
Medical Consultant Dr. Sohail Aman starts Blog with information and insights on health care management
Experienced medical consultant’s blog will address medical practice management issues that affect cost-effective health care. Sohail Aman, MD (N/A:N/A) ...
Insurance broker seeks Mombasa officials arrest over Sh94 million award
Thursday, June 13, 2019 19:43 By PHILIP MUYANGA Lawyer Gikandi Ngibuini for Disney Insurance Brokers. PHOTO | LABAN WALLOGA | NMG  An insurance brokerage firm wants...
Kenya Re ex-manager jailed 3 years over house sale fraud
… finance director at the Kenya Reinsurance Corporation, was on … to the corporation. Several Kenya Re officials...
Jailed Kenya Re ex-boss 'guilty' in fraudulent house sale deal
… monies presented were insurance premiums from Alexander Forbes Insurance Brokers Kenya Limited, now … ...
Jailed Kenya Re ex-boss 'guilty' of fraudulent house purchase
… was payments from insurance premiums, from Alexander Forbes Insurance Brokers Kenya Limited, now … ...
KRA asks insurance firms for data on payments to doctors
… | NMG  The Kenya Revenue Authority (KRA) has ordered hospitals, insurance companies and … . Majority of
What you need to know about car insurance
… and Tarakea and back into Kenya through Oloitoktok. This is … it translates to 600 million Kenya shillings, or...
Developing partnerships with govts to offer agric insurance
… experimented to develop the agricultural insurance market. The report read: “Usually … worked in other countries, the
Farmers earn Sh100m in crop failure payout
… million for subsidised crop insurance being implemented in … Old Mutual, Kenya Orient and APA
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Uhuru declines to sign insurance bill over cash clause
… from policyholders on behalf of insurers. MPs had approved a … of an insurer,” read part of President
TicketBust.com Hits 5,000 San Diego Traffic Tickets Served
For 15+ years, TicketBust has helped California drivers avoid court & expensive attorney fees. This month, their 5,000th San Diego client was served. SAN DIEGO, CA,...
Ills that Blockchain can help remedy in Kenya
… including education, banking, health, insurance, law, film, manufacturing, energy … ,” Mr Arunda says.
Flagging fake news that are a threat to businesses
… simply, instantly and freely. Kenya, an unusually connected society, … revealed as being fake.
NHIF wants 1-year premiums for chronic patients
… NMG  Chronically-ill National Hospital Insurance Fund (NHIF) covered patients … a State-supported health
End of permanent and pensionable State jobs
… 10:32 By CONSTANT MUNDA Kenyans at a past public rally … of the escalating wage bill.” Kenya...
Ethiopia and Kenya are struggling to manage debt for their Chinese-built railways
… and constructed in parallel with Kenya’s showy Chinese-built SGR … by the Chinese government in Kenya This is a...
Kenya lifts 2-year ban on Uganda poultry products
… bring in products after Kenya recently received official communication … can be exported to Kenya without restrictions...
National Bank fights job cuts in KCB takeover
…   Cash-strapped National Bank of Kenya (NBK) #ticker:NBK says it … when the Competition Authority of Kenya...
Scarce funding cripples services in Kenyan hospital
… Kilifi on Kenya';s Coast. The Kenya Medical Practitioners … Home in Kilifi, in
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