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More players line up to enter insurance sector

Kenya expects new players in the lucrative insurance sector who will help cut cost of the services, the regulator has said in a forecast.

Sammy Makove, IRA Chief Executive

Sammy Makove, the chief executive of the Insurance Regulatory Authority, told a meeting of actuaries yesterday that the growth opportunities in the insurance business were attracting new firms but did not reveal if his office was currently considering any prospective entrant.

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