Magazine date:
Mar 2009 Following the January 28, 2009 disastrous fire that ravaged Nakumatt supermarket downtown Nairobi which claimed the lives of at least 24 people, analysts are wondering about the market's capacity to endure catastrophes of such a scale.
Only 10 out of the 43 local insurance companies would be endowed with the financial base required to underwrite large industrial and commercial risks.