Kenya Re pumps Sh284m in Zambia subsidiary on new capital rules

Kenya Reinsurance (Kenya Re) Managing Director Dr Hillary Wachinga.

Photo credit: Bonface Bogita | Nation Media Group

Kenya Reinsurance Corporation increased its investment in its Zambian subsidiary by Sh284 million last year, more than doubling its total capital in the unit to meet the revised capital requirements.

The reinsurer’s latest disclosures show the fresh capital increased the value of investment in the Zambian unit to Sh498.5 million in 2025 from Sh214.9 million a year earlier.

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