General Accident Insurance Company, a Kenyan non-life insurer, has acquired Nova Insurance Company, a Ugandan non-life insurance company. GA Insurance, already present in Tanzania, continues its regional expansion strategy.
Ranked the sixth largest insurer in the country, GA Insurance reported a turnover of 5.977 billion KES (58.994 million USD) in 2018.
Read also | Kenya Re to open a new subsidiary in Uganda [4]
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[3] https://www.atlas-mag.net/en/issue/boeing-sinister-out-of-the-ordinary
[4] https://www.atlas-mag.net/en/article/kenya-re-to-open-a-new-subsidiary-in-uganda