Licensed Reinsurance Companies In Kenya

This article is about licensed reinsurance companies in Kenya.

These are companies that provide insurance for insurance companies.

Reinsurance protects the insurance company against financial losses and catastrophes by transferring the risk to the reinsurance company.

Therefore, indemnity can be defined as a form of insurance taken out by the insurance company to reduce risk.

As you can see, reinsurance plays a very important role in the insurance industry.

Apart from its main role in reducing the risk for the insurance company, reinsurance has other benefits such as the stability of the premium rate, the reduction of profit changes, the flexibility and the development of the assurance of the company.

licensed reinsurance companies in Kenya

There are 5 licensed insurance companies in Kenya but the number could change.

1. Continental Reinsurance Limited

Location: 197 Lenana Place (Fourth Floor), Lenana Road Nairobi

Contact: +254 20 2429392/3, 020-5137701

Email: sbanerjea@continental-re.com

2. East Africa Reinsurance Company Limited

Location: EARE Building, 98 Riverside Drive

Contact: +254 733 623737, +254 728 11104, +254 20 4084000

3. Kenya Reinsurance Corporation Limited

Location: Reinsurance Plaza, Nairobi, Kenya,

Contact: +254 703 083 000, +254 20 220 2000

Email: kenyare@kenyare.co.ke

4. Ghana Reinsurance Company (Kenya) Limited

Location: TRV Office Plaza, 58 Muthithi Road, Suite 2D, Westlands

Contact: +254 20 3748974/5

Email: info_kenya@ghanare.com

5. WAICA Reinsurance (Kenya) Limited

Location: Annex Real Towers, Hospital Road, Upper Hill, Nairobi

Contact: +254 20 2722000

Email: info@waicare.com