NCBA Group to acquire AIG Kenya in major insurance deal
NCBA Group PLC announced Monday its intent to fully acquire AIG Kenya Insurance Company Limited in a deal that would ...
Saturday, May 10, 2025
Tag: insurance
Kenya-Re to Distribute Kshs 560 Million in Dividends to Shareholders Amid Rise in Net Profits
Kenya Reinsurance Corporation will pay shareholders a total of Kshs 560 million in dividends, after recording a 7.0% rise in ...
Taxing Insurance Payouts Is A Wrong Idea
The Principle of Indemnity in Insurance states that in the event of loss or damage due to the occurrence of ...
Storm Over State Plan to Tax Insurance Payouts
There have been numerous policy decisions that have sparked controversy and debate. However, the recent proposal by the government to ...
The Controversy Surrounding Taxation of Insurance
The Kenya Finance Bill 2023 has evoked a mixed reaction in the market, with most citizens voicing their opinions on ...
Toyota Probox, Sienta Among Vehicles Axed From GA’s Insurance Cover
GA insurance Limited has struck off a number of vehicle models from their comprehensive insurance cover, citing unsustainability in settling ...
Insurance Penetration In Kenya Remains Low At 2PC
Insurance uptake in Kenya remains low compared to other key economies with the insurance penetration coming in at 2.2% as ...
CIC Group Launches Medical Cover For Cooperatives
CIC Group has launched a medical product tailor-made for cooperatives named CoopCare. The cover will cater to cooperative members and ...
Insurance Industry Pays 1.9 Million Claims In Q2 Of 2022
The insurance industry paid 1.9 million claims in the second quarter of 2022, a 6.3 % increase compared to the ...
Kenya To Host African Insurance Conference In June
Kenya is set to host the African Insurance Organization (AIO) Conference and Annual General Assembly from 25th to 30th June 2022 at ...
