Kenyan insurers are divesting from real estate, selling valuable land assets to improve their financial liquidity and meet stricter regulatory requirements for easily convertible assets. This strategic shift aims to bolster cash reserves in response to tightening capital rules.

• Insurers are offloading land holdings to boost liquidity.
• The shift is driven by regulatory demands for assets that can be quickly converted to cash.
• CIC General Insurance MD Fred Ruoro and CIC GCEO Patrick Nyaga are involved in the industry.