Serrari Group

Wafa Assurance’s $317 Million Delta Insurance Bid Sparks Concerns for Kenya’s Insurance Sector

The announcement that Wafa Assurance, one of Morocco’s largest insurers, is seeking to acquire Delta Insurance of Egypt in a deal worth approximately US$317 million has sent ripples across Africa’s insurance landscape. While the transaction is centered in North Africa, the COMESA Competition Commission has stepped in to review its impact across member states, sparking […]

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Mastercard & mTek Unveil Embedded Insurance Across East Africa

Mastercard has struck a partnership with Hillcroft (mTek) to integrate embedded insurance solutions into its consumer and SME card products in East Africa. According to a press release from Mastercard, the collaboration will embed insurance cover into everyday payment flows, enabling seamless access to protection. Under this model, users making transactions will be offered tailored […]

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Kenya Moves to Double Compensation Limits in Banking and Insurance to Restore Public Confidence

Kenya’s financial regulators are pushing forward a landmark reform designed to reinforce trust in the banking and insurance sectors by doubling the maximum compensation payable to customers when institutions fail. The proposal, which forms part of the Kenya National Financial Inclusion Strategy 2025–2028, seeks to increase the Policyholders’ Compensation Fund (PCF) ceiling from KSh 250,000 […]

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KDIC Extends Deposit Insurance Coverage List Through June 2026

The Kenya Deposit Insurance Corporation (KDIC) has published an updated list of institutions whose deposits are officially protected through 30 June 2026, reinforcing public confidence in Kenya’s banking sector. Under the Kenya Deposit Insurance Act, 2012, depositors are guaranteed coverage up to KSh 500,000 per depositor per institution in the event of a bank failure. […]

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NSE Unveils Banking Sector Index to Deepen Investor Access and Market Innovation

The Nairobi Securities Exchange (NSE) has officially launched a new Banking Sector Index, a sector-focused benchmark designed to provide investors with a clear view of the performance of Kenya’s banking industry. Effective October 1, 2025, the index is a market-cap-weighted, float-adjusted tool that covers the free float of all listed banks on the exchange. Build […]

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Family Bank Set for Historic NSE Debut as Shareholders Vote on Listing Strategy

Family Bank shareholders are preparing for a pivotal moment in the institution’s history as they gear up for an Extraordinary General Meeting (EGM) scheduled for October 27, 2025. The virtual meeting will determine whether the bank proceeds with listing its ordinary shares on the Nairobi Securities Exchange (NSE) by introduction, a move that could mark […]

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Shorter Maturity, Bigger Risk? Kenya’s Debt Profile Contracts to 7.4-Year Average

In a striking shift, Kenya’s average maturity for domestic debt instruments—Treasury bills and bonds combined—has shrunk to 7.4 years as of June 2025, down from 7.5 years in 2024. This signals a tilt toward shorter-dated instruments in the government’s borrowing mix. TradingRoom This compression is largely driven by elevated uptake of Treasury bills, especially the […]

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Kenya’s Domestic Borrowing Surges to KSh 853.4B: What It Means for the Debt Landscape

By the end of June 2025, the Kenyan government had mobilized KSh 853.4 billion from local sources—exceeding its original target of KSh 825.8 billion. The bulk of this financing came from non-bank financial institutions (pension funds, insurance companies, SACCOs), contributing KSh 483.9 billion, while commercial banks lent KSh 368.2 billion via Treasury bills and bonds. […]

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