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Kenya Re goes global with new life insurance unit

From left: Firstre Group Managing Director Daniel Kathitu, Kenya Re Group Managing Director Dr Hillary Wachinga and the Monarch Insurance CEO & Principal Officer Moses Gatundu at the launch in Nairobi on February 26, 2025. [Wilberforce Okwiri, Standard]

Kenya Reinsurance Corporation (Kenya Re) is targeting Sh10 billion in premiums from its life business locally as the listed firm launched a similar unit for its international market.

The reinsurer said on Wednesday it is already courting the South American market after receiving its first portfolio.

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