Kenya Re
 | DATE OF CREATION: December 1970, Kenya |
| CLASSES OF BUSINESS: Life and non life | |
| MAIN UNDERWRITING ZONES: Africa, Asia and Middle East | |
| STRUCTURES REGIONALES: Abidjan (Côte d’Ivoire), Lusaka (Zambia), Kampala (Uganda) |
Kenya Re: contact
| Adress: Reinsurance Plaza, Taifa Road- P.O. Box 30271 - 00100 Nairobi, Kenya |
| Tel: +254 (020) 220 2000 / 703 083 000 |
| Email: kenyare [at] kenyare [dot] co [dot] ke / info [at] kenyare [dot] co [dot] ke |
| Website: www.kenyare.co.ke |
Kenya Re: rating
| Agency | Rating | Outlook |
| A.M. Best | B | Stable |
| GCR | AA+ (National business) | Stable |
| GCR | B (International business) | Stable |
Kenya Re : main indicators
in thousands USD| 2020 | 2021 | |
| Turnover | 168 671 | 178 721 |
| Shareholder’s equity | 313 016 | 325 207 |
| Net result | 26 781 | 26 062 |
Read also | Kenya Re: 2021 results
Kenya Re : turnover 2021 by class of business
in thousands USD| Premiums 2021 | In % | |
| Fire | 40 883 | 22.88% |
| Health | 27 250 | 15.25% |
| Engineering | 13 618 | 7.62% |
| Marine | 8 383 | 4.69% |
| Motor | 7 920 | 4.43% |
| Other risks (1) | 64 439 | 36.05% |
| Total non life | 162 493 | 90.92% |
| Life | 16 228 | 9.08% |
| Grand total | 178 721 | 100% |
(1) Including third party liability and personal accident
Kenya Re : capital and shareholding
| Shareholders | In % |
| State | 60% |
| Private investors | 40% |
 | |
Kenya Re : technical ratios
| 2020 | 2021 | |
| Net loss ratio | 64.36% | 63.11% |
| Management expenses ratio | 39.92% | 34.7% |
| Net combined ratio | 104.28% | 97.81% |
Kenya Re : management
| Catherine Kimura | Chairman of the board |
| Jadiah Mwarania | Managing director |
| Michael Mbeshi | General manager, property and administration |
| Beth Nyaga | General manager, reinsurance operations |
| Jacqueline Njui | General manager, finance and investments |
| Seleman Tembo | Regional manager, Zambia |
| Tadeo Nsubuga | Regional manager, Uganda |
| Phares N'da Kablan | Regional manager, Côte d'Ivoire |
Exchange rate as at 31/12/2020 : 1 KES = 0.0091 ; as at 31/12/2021 : 1 KES = 0.00878 USD
Read also | Kenyan insurance market
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