Kenya Re-Insurance Corporation Expands Presence In Uganda

By Sandra Kahunde;

The Kenya Reinsurance Corporation (Kenya Re) has taken a significant step towards reinforcing its presence in the local market and expanding its reinsurance and investment-related businesses in the region with the launch of its subsidiary, Kenya Re Uganda. Kenya Re Uganda has demonstrated impressive growth in gross reinsurance premiums and total assets, showcasing its potential to thrive in the Ugandan market. This growth aligns with Kenya Re’s strategic plan to establish a stronger foothold in various African countries.