News and Events

Kenya Re holds Inaugural Zambia Market cocktail

The Kenya Re. Zambia team hosted their local market clients to an inaugural Market Cocktail event on 12th July, 2018 at the Radisson Blu hotel in Lusaka. The event was graced by Her Excellency, The Kenyan High Commissioner to Zambia Ms. Sophy Kombe. The key note speaker was the Acting Managing Director Mr. Michael Mbeshi who updated the market on the operations of the corporation. Highlighting the 12% growth in the Gross Premiums for 2017 as well as a commitment to high quality service and prompt responses. Reference was made to the decision to place the regional office in Zambia which is strategically located in Southern Africa. 

The event was attended by most of the Zambian insurance market with 19 companies represented, nine of whom had their Managing Director present. It was a great occasion for networking and causally introducing plans for expansion and collaborations. 

 

This event was preceded by a Media Breakfast on Tuesday 10th July at the same venue. This was another interactive session with the Zambian media who included the national television broadcaster ZNBC as well as several newspapers and radio stations.

 

The Ag. Managing Director Mr. Michael Mbeshi highlighted the continued growth of Kenya Reinsurance Corporation in the face of increasing competition. The Five Year Strategic Plan was also referenced as an approach Kenya Re. will follow in an ever dynamic market. The Regional Manager Mr. Seleman Tembo also joined the Acting M.D. in addressing the media. He stressed that despite challenges, the regional office has now been established and we are now looking to grow premiums and therefore our presence in the region. 

 

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