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Insurance policy cancellations rise to Sh10b as tough times bite

Insurance payments to customers abandoning policies hit Sh10.45 billion in the nine months to September last year on coronavirus-induced economic hard

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Buoyant financial sector predicts a rosy 2022 after Covid recovery

Banks, Saccos, insurers and digital lenders expect a continued rebound in 2022 pegged on improving economic activities amid Covid-19 infections.

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City stress pushes siblings to tasty yoghurt - FarmKenya Initiative

o beat competition they supply their products to the market immediately they are produced so that customers get fresh products

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Insurers review clauses as Covid reality sinks in

Insurers review clauses as Covid reality sinks in
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ICEA Lion appoints new CEO

THE STANDARD By Wainaina Wambu | January 9th 2021 at 00:00:00 GMT +0300 George Nyakundi ICEA Lion Life Assurance has appointed George Nyakundi as the new chief executive following the retirement of Justus Mutiga after 27 years with the firm. Mr Nyakundi (pictured) was ICEA Lion’s general manager for business development and technical services. A statement form the company said Mr Mutiga had overseen huge growth since his appointment in 2012, with gross premium rising from Sh5 billion to over Sh14.6 Billion last year. Total assets strengthened from Sh32 billion in 2012 to over Sh100 billion in 2020. ICEA Lion Group Chairman James Ndegwa said Mutiga was passionate about the advancement of life insurance, pensions and investments, and generously shared his knowledge and experience.

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