Insurance
CIC Group, Banking Group Advance Insurance Solutions for Women
CIC Group and Women’s World Banking have entered into a partnership to advance inclusive insurance solutions tailored for women.
BT Reporter1 Mins read
Regulator’s Report Shows Low Insurance Penetration
Insurance penetration in Kenya increased marginally to 2.41% in 2023, up from 2.33% in 2022. Global penetration levels averaged 7% in 2023.
BT Correspondent1 Mins read
Liberty Kenya Retreats From Tanzania, 2024 Profit Surges 109%
Liberty Kenya Holdings Plc posted a 108.5% increase in profit after tax to Ksh1.402 billion for the financial year ended 31st December 2024,...
BT Correspondent2 Mins read
Jubilee Health Digital Platform to Simplify Insurance Distribution
Jubilee Health Insurance has officially launched J-Force, a digital platform seen to revolutionise insurance intermediation by empowering agents, brokers, and bancassurers with seamless,...
BT Correspondent2 Mins read
Kenya’s Insurance Regulator Releases First-Ever Guidebook on Retirement
The Association of Kenya Insurers today launched a guidebook on the retirement benefits sector in Kenya. A first of its kind in the...
BT Correspondent1 Mins read
State of the Bancassurance Market in Kenya 2024
The Association of Kenya Insurers this week released findings from a study on the state of the bancassurance market in Kenya.
BT Reporter2 Mins read
Kenya Re Turns to University Students to Develop AI-Driven Solutions
Kenya Reinsurance Corporation (Kenya Re) and the University of Nairobi have launched the Kenya Re AI4Insurance Hackathon 2024, where students will develop solutions...
BT Reporter1 Mins read
Digital Migration in Kenya’s Evolving Motor Insurance
The digital migration in Kenya's motor insurance industry can be mostly attributed to Kenya’s tech-savvy population from the widespread use of smartphones and...
BT Correspondent2 Mins read
Sweetheart Deal With Shareholders Lifts Old Mutual Group From Loss to Sh327M Profit
Old Mutual Holdings PLC has announced a profit after tax of Ksh327 million for the first half of 2024, a remarkable turnaround from...
BT Reporter1 Mins read
