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Kenya Re hints at buying into other re-insurers as competition hots up

Kenya Reinsurance Corporation Chairman, Mr. David Kemei (L) conversing with Kenya Reinsurance Corporation Ag. Managing Director Mr. Michael Mbeshi (R) during the Kenya Re investor briefing held at Hilton Hotel on 29th March 2018.

Kenya Reinsurance Corporation is considering buying stakes in national re-insurance companies in order to bolster its market share.

Kenya Re Chairman David Kemei said the reinsurance market has become “intensely competitive” with more reinsurers entering and playing in the same space.

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