ICEA is merging with Lion of Kenya
Following both companies’ merger and the approval of the finance ministry, Insurance Company of East Africa (ICEA) has proceeded to the transfer of its non-life insurance portfolio to Lion of Kenya. Both companies are owned by First Chartered Securities. This move is designed to establish a large-scale company dotted with a capital that is large enough to withstand the sector’s emerging needs.
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Fri, 29/03/2013 - 17:33
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