Kenya Reinsurance Corporation Limited provides reinsurance and risk management solutions services to insurance companies and most classes of business in Kenya, Africa, Middle East and Asia. They provide clients with risk transfers in all lines of business. In addition to offering traditional non-life products like fire, accident, liability, motor and life classes, Kenya Re has invested heavily in Research and Innovation. It also provides solutions to the emerging risks like cyber and terrorism covers. Kenya Re also does pricing and product development. Currently, Kenya Re is the regional managers for Organization of East and Southern Africa Insurers (OESAI), National Bureau of COMESA Yellow Card scheme and National Surety for Regional COMESA Transit Guarantee (RCTG).
Outside the core business of offering reinsurance services to the market, Kenya Re has significant property portfolio which constitutes about 35% of its total investments. Investment properties comprise office building and land acquired for development of office property and housing projects for rental and/or capital appreciation. The property includes Kenya Re Towers, Upper Hill Nairobi, Anniversary Towers Nairobi, Reinsurance Plaza Nairobi and Reinsurance Plaza Kisumu.
About Kenya Re-insurance Corporation Limited
Kenya Reinsurance Corporation Limited is engaged in underwriting of classes of reinsurance business and investment activities. The Company’s segments are long term business and short term business. The short term business segment comprises motor, marine, aviation, fire, and accident. The long term business segment includes individual and Company life. Its core activity is providing reinsurance services for various classes of business. It provides reinsurance services to insurance companies in Kenya, Africa Middle East and Asia. It offers traditional non-life products, such as fire, accident, liability, motor and life classes. It also carries out technical seminars to clients and does pricing and product development. It engages in Retakaful business. It provides reinsurance capacity and technical expertise to both local and the international markets. It provides reinsurance services to companies spread out in over 60 countries. Its main geographical segment of business is in Kenya.
Insurance (Accident & Health)
Jennifer Kabura Karina
Chairman of the Board
Michael Jeti Mbeshi
Acting Managing Director, Executive Director
Jacqueline N. Njui
General Manager (Finance and Investments)
Beth S. Nyaga
General Manager, Reinsurance Operations