×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download App

Report: Merger in insurance sector to continue

A wave of mergers and acquisitions in the insurance sector is expected to continue as firms attempt to meet a solvency requirement deadline in June 2020, a new outlook report by Cytonn has said.

The 2019 Insurance Report on listed insurers notes that the move to a risk based capital adequacy framework is likely to lead to capital raising initiatives by a section of players in the sector.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in