Author: Patrick Alushula
GAIF marks Diamond Jubilee with focus on sustainability
The umbrella body of insurance and reinsurance companies from the Arab region stretching from Iraq to Morocco is marking 60 years of existence with em [...]
Kenya’s insurers advise premium top-ups to reflect VAT on compensation
Underwriters in Kenya are advising customers to increase premiums if they have to enjoy the same level of sum assured they were entitled to prior to t [...]
Kenya insurance sector rising outstanding premiums tests insurers and intermediaries partnership
Kenya’s insurance sector outstanding premiums have crossed the KES50bn mark, putting a spotlight on insurers and intermediaries in the east African ma [...]
Activism could ‘push’ crude oil pipeline to banks, insurers with scant regard for ESG
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The sustained push by activists to have major banks, insurers and reinsurers publicly commit to steer [...]
L’activisme pourrait « pousser » l’oléoduc vers les banques et les assureurs sans se soucier de l’ESG
La pression soutenue des militants pour que les grandes banques, assureurs et réassureurs s’engagent publiquement à se tenir à l’écart du projet d’olé [...]
Private underwriters to manage claims in Kenya’s planned KES133bn social health insurance
Kenya’s medical insurance firms and claims settling agents will be contracted by the State to review and process claims in the planned social health i [...]
East African regulators join hands to grow cross-border insurance business
Low insurance penetration rates, obscure and complex products and the high cost of doing business are common obstacles that African insurance stakehol [...]
Kenya general insurers cut motor and medical underwriting losses
General insurers have cut underwriting losses in the perennially problematic motor and medical classes of business that take up more than half of gros [...]
Eyes on Kenya insurers’ capital as regulator cancels two licences
The insurance regulator in Kenya has cancelled the licences of two insurers in one week over mounting defaults on claims payment, shining the spotligh [...]
How Kenya’s top bank plans to disrupt medical insurance pricing
Kenya’s largest bank by market valuation is backing outpatient clinics and ‘own drugs’ to disrupt the pricing of medical insurance, barely two years a [...]