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Jubilee Insurance profit grows to Ksh 438M on higher revenue

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Jubilee Health Insurance has reported a 29.3pc increase in full year net profit to Ksh 438.6 million from Ksh 339.1 million for the period...

Boost for mTek’s expansion plans with Ksh 167M funding

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Kenya's digital insurance firm, mTek, has secured Ksh 167.5 million ($1.25m) funding to support its regional expansion plans. mTek Chief Executive Officer Bente Krogmann said...

Harnessing insurance as a climate resilience tool

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Nations across the world have committed to taking urgent mitigating measures to slow down the imminent catastrophes from floods, heat waves, rising water levels...

Tana River farmers hit by floods get Ksh 14m compensation

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Small scale farmers in Tana River County with flood insurance policy have been paid Ksh 14.1 million for losses incurred in the ongoing floods...

Insurance regulator cancels licenses of two firms

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Two insurance firms operating in Kenya have been prohibited from issuing new insurance contracts with immediate effect. The Insurance Regulatory Authority (IRA) has directed policyholders...

Women enterprises urged to consider insurance for continuity

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Insurance providers in Kenya have been challenged to develop gender responsive insurance products that will ensure women-led businesses do not collapse in the event...

Cigna Healthcare, AAR partnership to boost insurance coverage

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Insurance policy holders in East Africa will now be able to receive comprehensive healthcare services within Kenya and across the globe. This is through a...

Jubilee to pay shareholders Ksh 145M despite profit drop

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Jubilee Insurance has announced an interim dividend of Ksh 2 per share which amounts to Ksh 145 million during the half year period ending...

CIC Group profit margin up 168pc to Ksh 705M

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Higher growth in insurance revenues has seen CIC Group net profit rise to Ksh 705.5 million during the first six months of this year. CIC...

Kenya-Re H1 net profit up Ksh 72M, begins Indian market

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The Kenya Reinsurance Corporation (Kenya-Re) has commenced plans to vacate the Indian market over rising losses stemming from agriculture underwriting business. In the half year...

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