KNRE
Data as of Oct 09, 2026
In The News
Kenya Re is a Nairobi Securities Exchange-listed company in which the government holds a controlling 60 percent stake, while the remaining 40 percent is owned by public shareholders.
This will help it assess exposures across its general reinsurance business.
Kenya Re Group managing director said the results show the quality of the corporation’s underwriting portfolio.
Kenya Re posted a record KSh 2.25Bn H1 2026 profit as its insurance service result more than quadrupled to KSh 1.25Bn on stronger underwriting.
Kenya Re-Insurance Corporation has been in the limelight in recent weeks following its ugly boardroom fights, coupled with state meddling as the majority shareholder, all the while investors watching helplessly as the unfortunate events unfold. The question remains whether these happenings poses any material risk to the investment case. According to market watchers, the market […]
Beyond geographic expansion, the reinsurer told shareholders that it is expanding into life and retakaful segments while growing its cedant base, which has risen to 970 in 2025 fro ...
Petitioner alleges that the recruitment lacked transparency.
The Treasury has a 60 percent stake in Kenya Re and holds sway on who sits on the board of the reinsurer.
Kenya Re’s fresh capital, disclosed in the reinsurer’s latest annual report, signals a push to strengthen its position in the Zambian market where it operates a fully owned subsidiary.
Treasury said the changes will provide a “clearer and more orderly” framework and ensure higher local retention of premiums.
The Auditor-General’s report also flagged bonus payouts to staff and directors without SRC clearance.
Listed reinsurance company Kenya Re plans to venture into the asset management business, an initiative aimed at diversifying its revenue streams, enhancing shareholder value, and expanding into the financial services sector amid earnings pressures
The reinsurer is moving to tap fee-based income as competition from regional players intensifies.
Kenya Reinsurance posts KSh 3.92Bn profit for FY25, down 11.6%, as insurance service result craters 96.3% to KSh 108 million amid rising reinsurance costs.
Kenya Re said it cancelled the bids after an unidentified call to a member of the tender committee and a rowdy visit by five individuals to its office.
Proposed changes would lock in State influence at the reinsurer’s boardroom while tightening leadership tenures amid regulatory shifts set to boost its market share.
Kenya Re has called a February 11 SGM to approve a dual share structure, cut board size to nine, and give the National Treasury majority board control.
Kenya Re has reinstated MD Dr. Hillary Wachinga effective November 6, 2025, with operations continuing and governance commitments reaffirmed.
Kenya Re has reinstated MD Hillary Wachinga after a two-month suspension that sparked a court battle and rattled the firm’s stock.
Alleged sacking of two staff sparked boardroom clash that ended up in court before being quietly withdrawn. ...
Kenya Re has extended MD Dr. Hillary Wachinga’s suspension by 21 working days from Oct 2, 2025, with Nicodemus Gekone continuing as Acting MD.
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