Why Kenya Re plans return to India

Kenya Reinsurance Corporation Limited Managing Director, Dr. Hillary Wachinga

Photo credit: File | Nation Media Group

Kenya Re will set up a liaison office in India, marking a return to the Asian country where it exited the crop insurance business after suffering major losses three years ago.

The firm, which is majority owned by the Government of Kenya, is seeking a legal consultant to help it set up a physical branch in Gift City that will act as a base to expand operations in the wider Asian market.

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