Retirement Planning in 5 Easy Steps
Planning for retirement is one of the most complex topics to decipher in personal finance. To young people who have just joined the workforce, retirement seems too far to even [...]
Lami Technologies, Kenyan Insurtech Startup Acquires Bluewave Insurance Agency
Lami Technologies, a Kenyan insurtech startup has acquired Bluewave Insurance Agency for an undisclosed amount, entered Malawi and Democratic Republic of Congo as it seeks for markets in Africa Bluewave [...]
Liberty Kenya Holdings Plc Issues Profit Alert as Claims Soar
Liberty Kenya Holdings Plc, an insurance underwriter, is issuing a profit warning to investors and the general public that based on on preliminary unaudited consolidated financial results after tax for [...]Britam Appoints Finance Director Charles Kimani Njuguna as Acting Managing Director
The Board of listed Financial services firm Britam Holdings has appointed its Finance Director Mr. Charles Kimani Njuguna as Acting Group Managing Director following the resignation of Mr. Tavaziva Madzinga which [...]
Equity Group Holdings get Nod to Enter Life Insurance Business
Equity Group Holdings has received regulatory approvals to set up a non-operating insurance holding company. Commencement of the insurance business was approved by the Group's shareholders and the Central Bank [...]Allianz Acquires Stake in Jubilee Holdings Subsidiary in Uganda
Allianz, a German-based underwriter, has completed the acquisition of a majority stake in Jubilee Insurance Company of Uganda Limited. Allianz, one of the world's leading insurers and asset managers, became [...]Sendy Lami Technologies Partner to Launch Per-Trip Insurance Policies
Lami Technologies, a Kenyan insurance technology (insurtech) company that aims to democratize insurance products and services for low-income Kenyans, has partnered with Sendy Limited, a tech-logistics company, to enable transporters [...]Britam Half-Year Net Earning Rise to KSh 376.3 Million
Britam Holdings Plc recorded a net profit of KSh 376.3 Million at the close of the six months ended 30th June 2021 compared to a loss of KSh 1.6 Billion [...]Liberty Kenya posts a decline in Half-Year Net Earnings to KSh 265.1 Million
Liberty Kenya Holdings Plc posted a decline in net earnings for the first six months of 2021 to KSh 265.1 Million in H1, 2021 from KSh 383.8 Million in H1, [...]Jubilee Insurance Half-Year Net Earnings up 150% to hit KSh 4.5 Billion
Jubilee Insurance has recorded a 150% rise in Half-Year Net Earnings to KSh 4.5 Billion compared to KSh 1.8 Billion over a similar period last year. With a presence in [...]Sanlam Kenya Restructures US$27 Million Foreign-Currency Loan
Sanlam Kenya Plc, a listed non-bank financial services firm, has announced that it has restructured its foreign currency-denominated loan into a local currency facility The disclosure made alongside its half-year [...]Insurance Claim Settlement Improves in Q1 2021
The claims payment ratio in the insurance sector in Kenya improved in the first quarter of 2021 according to a report released by the Insurance Regulatory Authority (IRA). Claims payment [...]
