Kenya Reinsurance Corporation says it will build on its past successful regional expansion strategy to penetrate more markets in Africa, with a key focus on North Africa. Managing director Jadiah Mwarania says this will enable the corporation increase reinsurance capacity for insurance companies in Africa. Mwarania said the reinsurance, with heavy presence in Eastern and Central Africa, wants to increase its presence on the continent after successful entry into Southern and West African markets. Kenya Re officially opened a regional office in Lusaka, Zambia, in February 2016 to act as the hub for Southern Africa’s operations. The office serves Zambia, Zimbabwe, Botswana, Namibia, Mozambique and South Africa.

Source: The North Africa Journal March 16, 2017 21:11 UTC