Prime

Kenya Re bets on bigger compulsory business

Kenya Re managing director Jadiah Mwarania. FILE PHOTO | NMG

By  Patrick Alushula

Business Reporter

Nation Media Group

Kenya Reinsurance Company #ticker:KNRE will seek an extension to the law that forces local insurers to cede at least 20 percent of the reinsurance business to the Nairobi-listed firm.

This law is set to expire on December 31.

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Note: The results are not exact but very close to the actual.

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