MUA says in the latest review of operations in 2025 and the first quarter of 2026 that the under-capitalisation of the Kenyan arm has constrained growth and customer acquisition and it is working...
By
Patrick Alushula
Business Reporter
Nation Media Group
Mauritius-based insurer MUA Limited is weighing recapitalisation of its Kenyan subsidiary following the uncovering of Sh1.6 billion hidden liabilities through a forensic audit that was concluded last year.
SBM Bank has been operating on thin capital adequacy ratios in the last one year.
Beyond geographic expansion, the reinsurer told shareholders that it is expanding into life and retakaful segments while growing…
Kenya Re’s fresh capital, disclosed in the reinsurer’s latest annual report, signals a push to strengthen its position in the…
Fraudulent claims are estimated to constitute a fifth of the total claims made, with medical covers being the main target.
'The pivot by the firm to raise funds domestically will help local pension funds in diversifying their portfolios.'
At least seven microfinance banks will need fresh capital to meet proposed CBK requirements.
