Kenya Re Retains Moody’s Affiliate Ratings on Strong Capital, Earnings

GCR affirmed Kenya Re's international financial strength rating at B and its national scale financial strength rating at AA+(KE), maintaining a Stable Outlook, indicating expectations that the company's financial position will remain resilient over the medium term...

✨ Key Highlights

Kenya Reinsurance Corporation (Kenya Re) has successfully retained its international and national financial strength ratings from GCR Ratings, an affiliate of Moody’s Ratings. The reaffirmation highlights the company's robust financial standing, characterized by a strong capital base and stable earnings.

Kenya Re's total capital has strengthened to US$460.3 million (KSh59.49 billion).
The reinsurer, led by Managing Director and CEO Hillary Wachinga, is expanding its regional presence into Tanzania and Rwanda.
GCR affirmed Kenya Re's international rating at B and its national scale rating at AA+(KE), with a Stable Outlook.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article

Related News

1w ago

How Kenya's green energy revolution is attracting global climate capital

Kenya is emerging as a hub for global climate capital, leveraging its renewable energy potential to attract investment and drive industrialization. The recent Africa Forward Summit in Nairobi highlighted this trend, underscoring Kenya's critical position in the global green energy transition.

The Standard Business

📰 Read Full Story

2w ago

Why Kenyans are cashing out retirement savings earlier

Kenyans are increasingly cashing out their retirement savings, with a 10 percent surge in withdrawals last year. This trend highlights the severe economic hardships forcing individuals to dip into their future funds.

The Standard Business

📰 Read Full Story

Video

Jay Sandhu retains Kenya Amateur Strokeplay title

Citizen TV (Youtube)

22h ago

top3w ago

Britam General Insurance Earns 'A' Rating After Strong 2025 Performance

Britam General Insurance has received a significant upgrade to an 'A' rating from GCR Ratings, an affiliate of Moody's, following a strong financial performance that saw profits hit Ksh1.4 billion in 2025.

Kenyans

📰 Read Full Story