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Top 5 Licensed Reinsurance Companies In Kenya

Top 5 Licensed Reinsurance Companies In Kenya

This is a list of licensed reinsurance companies in Kenya. These are companies that offer insurance cover for insurance companies.

Reinsurance protects insurance companies from losses and financial disasters by passing the risk to reinsurance corporate. Therefore, reinsurance can be defined as a form of insurance purchased by an insurance corporate to mitigate risk.

As you can see, reinsurance plays a significant role in the insurance industry. Apart from its prime role in reducing risk for insurance-Corporation, reinsurance has other advantages such as stabilizing premium rates, reducing profits fluctuations, flexibility, and the development of an insurance company.

Licensed for reinsurance only applies to reinsurance brokers who negotiate reinsurance cessions on behalf of a ceding insurer. It also covers the managers of the reinsurance business of a reinsurer.

Insurance is a highly regulated field, with a vast range of laws, policies, and industry guidelines. These rules must be followed by professionals and businesses that operate or want to operate in that sector.

There are 5 licensed reinsurance companies in Kenya as of 2022. The licensing is done by the Insurance Regulatory Authority.

List Of Licensed Reinsurance Companies In Kenya

1. Continental Reinsurance Limited

Location:197 Lenana Place (4th Floor), Lenana Road Nairobi

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

Email:  [email protected]

2. East Africa Reinsurance Corporation Limited

Location: EARe House, 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: [email protected]

4. Ghana Reinsurance Company (Kenya) Limited 

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

Contact: +254 20 3748974/5

Email: [email protected]

5. WAICA Reinsurance (Kenya) Limited

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

Contact: +254 20 2722000

Email: [email protected]

Here is 112 List of Licensed Reinsurance Companies in Kenya

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Written by The County Info

Amos is an experienced SEO expert. He has an interest in finance, IT, business ideas, and investments. He has also contributed to many global web portals.

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