The rise in the share of the industry’s NSE holding came in the period their value of quoted shares rose 75.4 percent to Sh47.46 billion from Sh27.05 billion, pointing to a mix of new purchases...
By
Patrick Alushula
Business Reporter
Nation Media Group
Insurance and reinsurance firms have increased the share of their investments at the Nairobi Securities Exchange (NSE) to a four-year high of 3 percent, riding on a sustained equity market rally that has lifted returns.
This rising prominence of banks at the NSE has now increased the concentration risk at the market, which has been dominated in…
By the end of March, the collective investment schemes had Sh851.7 billion in assets under management, held by 3.63 million…
Investors are betting heavily on the future of Nigeria’s insurance industry as the sector's recapitalisation drive enters its…
Bourse forecasts a breakout driven by state-owned listings, retail participation, and rising market confidence, with…
The billionaire investors include bank executives James Mwangi and Gideon Muriuki, the Kenyatta and Ndegwa families.
Nigeria's insurance industry strengthened its financial position in 2025, with total assets climbing to N4.8 trillion and gross…
