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Top investors Sh10bn richer after wave of insurance buyouts
From left: Chris Kirubi, Issa Timamy, Musalia Mudavadi and Eddy Njoroge. Insurance industry’s top investors have earned more than Sh10 billion in the wake of a recent wave of big-ticket acquisitions that have stirred Kenya’s usually quiet underwriting sector. PHOTOS | FILE |
Insurance industry’s top investors have earned more than Sh10 billion in the wake of a recent wave of big-ticket acquisitions that have stirred Kenya’s usually quiet underwriting sector.
Former Vice-President Musalia Mudavadi, businessman Chris Kirubi, former KenGen chief executive Eddy Njoroge, the family of the late John Michuki, successors of the late Godfrey Karuri, and the family of Inderjit Talwar make the list of top beneficiaries who earned hundreds of millions from the recent takeovers.
