UAP Old Mutual Accused of Dodging Employee Claims in South Sudan Exit
Little, Maisha Poa, and BirdView Roll Out Tailored Medical Cover for Gig Drivers
Kenyan taxi drivers on digital platforms may soon find it easier to access medical insurance, thanks to a new partnership between Little, Maisha Poa Insurance, and BirdView Insurance. “We are [...]Govt Embeds Insurance in Subsidized Fertilizer Program, Targets 250,000 Farmers
The government is piloting a project that integrates climate-smart insurance into the subsidized fertilizer program, aiming to support 250,000 smallholder crop farmers across eleven counties before a nationwide rollout in 2026. Agricultural insurance is a step [...]IRA Deregisters 20 Insurance Brokers Over Compliance Breaches
Kenya’s insurance regulator has cancelled the licences of 20 insurance brokerage firms, citing persistent compliance failures and inactivity, in one of the most significant regulatory crackdowns on intermediaries in recent [...]
What Does Old Mutual’s Business Transfer Mean For Everyone Involved?
Old Mutual Life Assurance Company Ltd (OMLAC) is seeking regulatory approval to transfer its long-term assurance business to Old Mutual Life Assurance Kenya Ltd (OMLAK), in a move that signals [...]CMA Exempts Sanlam Kenya from Mandatory Takeover Offer
The Capital Markets Authority (CMA) has granted Hubris Holdings Limited and Sanlam Allianz Africa Proprietary Limited (SAZ) an exemption from issuing a mandatory takeover offer following their combined shareholding in [...]Old Mutual Winds Down South Sudan Operations after Two Decades
UAP Insurance South Sudan (UAPISS), a subsidiary of Old Mutual Holdings, has halted Insurance business in the South Sudan market beginning this month. “This follows strategic review of the business [...]Beyond Banking: How SBM Bancassurance Intermediary Ensures Financial Security with Seamless, Tailored Insurance Solutions
Imagine waking up to a reality that feels like a bad dream. Your car, that you parked safely outside your house the previous night has been stolen. Panic sets in [...]
Liberty Kenya Shareholders Set for Dual Dividend Boost After Tanzania Exit
Liberty Kenya Holdings Plc has announced plans to issue a special dividend of KSh 0.60 per share, tied to the proceeds of the sale of its 60% stake in Heritage [...]NCBA IG Insurance Posts 477% Profit Growth in 2024
NCBA IG Insurance, formerly AIG Kenya, has posted a net profit of KSh 186.7 million, up from KSh 32.4 million a year earlier, for the year ended 31 December 2024. [...]Jubilee Health Insurance Doubles Profit in 2024
Jubilee Health Insurance (JHIL), a subsidiary of listed financial services company Jubilee Holdings, doubled its net profit to KSh 910 million in 2024, up from KSh 438 million in 2023. [...]Jubilee Holdings Reports Record KSh 6.2 Billion Net Profit in 2024, Dividend up 12.5%
Jubilee Holdings has announced a historic Profit Before Tax (PBT) of KSh 6.2 billion for 2024, a significant increase from KSh 2.8 billion in 2023. Key Financial Highlights Metric 2024 2023 [...]
