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Insurance
Old Mutual Redefining Financial Security With Inclusive Pension Products
Kenyans from all walks of life will have access to more pension savings products that cater to their diverse financial needs and adapt to the ever-changing economic landscape. This is as Old Mutual Life Assurance Company, a leading provider…
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Old Mutual reports Kes 0.2 billion half-year Profit Before Tax
By Fred OdhiamboOld Mutual Holdings PLC has recorded a KES 0.2 billion profit before tax for the half-year period ended June 30, 2023. The profit, is an improvement from a loss before tax of Kes 0.9 billion recorded within the same…
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Kenya Orient Life Assurance Receives Regulator Nod To Handle NSSF Contributions
Kenya Orient Life Assurance Limited has received approval by the Retirement Benefits Authority (RBA) to manage NSSF tier II contributions through the Kenya Orient Individual Pension Plan and Umbrella Pension Scheme.
This nod comes following…
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Pensions Industry Stakeholders Converge to Foster Sustainable Retirement
By CW CorrespondentOctagon Africa, a leading regional financial services provider, has held a three-day conference on fostering sustainable pensions. The conference is scheduled to take place from 4th to 6th April 2023 at the Sarova…
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Kenya Orient Emerges As The First Runners Up In The Group Life Best Loss Ratio Award.
Kenya Orient Life Assurance has emerged as the first runners-up for the 'Group Life Best Loss Ratio' award during the 2022 Association of Kenya Insurers (AKI) Awards for achieving a minimum loss ratio of 16.28 % in 2022.
Speaking during the…
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A look at the State of Insurance with APA Insurance CEO -Ashock Shah
By CW CorrespondentQ: Do you think there is a race to the bottom in the insurance industry that has pushed a lot of companies into losses?
Like all businesses, market share is important. The insurance industry is no different. All of us…
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Insurer launches medical cover for cooperatives
CoopCare will cover inpatient, outpatient, maternity, dental, optical and last expense benefits, with beneficiaries getting the option to purchase inpatient only or both inpatient and outpatient benefits.
CIC Group has launched a medical…
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Prudential to air financial education TV program to reach 6 million kids
Prudential Plc through its community investment arm, Prudence Foundation, has partnered with the popular Akili Kids children’s television channel, to impart financial skills to over six million children in Kenya aged 7 – 12 years, every…
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Kenya Orient Life Assurance Supports Rotary District 9212
These heart specialists are undertaking simple to the most complex surgeries, for free, for needy children.
Kenya Orient Life Assurance has joined in to support the Rotary District 9212 free paediatric heart project which seeks to provide…
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Old Mutual Posts KES 375 Million Loss amid tough operating environment
Old Mutual Holdings PLC has posted a loss before tax of KES 375 million in the first six months of 2022 compared to a profit before tax of KES 552 million reported in a similar period in 2021.The performance was delivered on the backdrop…
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