UAP Insurance Kenya News

Old Mutual Backs Its South Sudan Businesses – Despite War, Famine

Old Mutual Plc will continue to back its businesses in war-torn South Sudan even after profit plunged last year because the economy shrank and customers scaled back operations. “Though we’re not expanding as fast as we would like to, we …

Kenyan Insurers Face New Capital Rules Which Could Lead to Market Shakeout

A push by Kenyan regulators to clean up the East African country’s insurance industry is poised to trigger stake sales or exits by underwriters unable to meet the new capital requirements, according to an industry group. Most companies missed a …