Welcome to Kenya Re Website Kenya Re provides various reinsurance and financial services to insurance companies in Kenya, rest of Africa, the Middle East, and Asia.
We offer a range of reinsurance services, such as fire and allied classes, accident, engineering and machinery breakdown, public liability, professional indemnity, personal accident/medical, goods in transit, cash in transit, fidelity guarantee, workmen's compensation, livestock and bonds, miscellaneous classes, marine hull and cargo, aviation, motor, and life.
Kenya Re asset base stands at about Ksh13 billion
($188.4 million). We are presently ranked highly in global
re-insurance arena.We are rated at B+ as a reinsurer, and
have business in 21 African countries, eight in Asia and five in the Middle East.
Kenya Re News
Kenya Re - Own a House! []
Kenya Re - Own a House advert...read more
Kenya Re held a successful investor briefing for its 2011 Financial Performance on 24th April 2011 at Hilton Hotel during which the MD made an Outstanding presentation on the Excellent performance and Strategies moving forward. The event was well attended by the Corporation’s Board of Directors, the Treasury, insurance industry, shareholders, leading brokerage firms and fund managers, Kenya Re’s management team and members of the fourth estate.
Investor briefing
In 2010, Kenya Re recorded remarkable results in its areas of operations. The gross written premiums increased by 30%, to stand at KShs 4.98 billion up from KShs 3.84 billion in 2009. The net earned premiums grew by 24% to stand at KShs 4.27 billion up from KShs 3.46 billion achieved in 2009. Despite the adverse global financial trends, investment income grew from KShs 1.14 billion achieved in 2009 to KShs 1.75 billion in 2010, a growth of 53%. This was as a result of diversified investment mix.
The profit after tax for the year INCREASED by 16% to stand at KShs 1.54 billion from KShs 1.33 billion in 2009.
This is attributable to increase in gross premium and investment income.
Total assets improved by 15% from KShs 15 billion in 2009 to KShs 17.24 billion in 2010.
