On Monday, November 11, 2024, the Corporation hosted a distinguished delegation from Ethiopia Re at its headquarters, underscoring both companies' dedication to advancing collaboration and growth in the insurance and reinsurance sectors. The meeting centered on developing a strategic roadmap aimed at enhancing each organization’s market position and advancing shared objectives within the region.
The key agenda items discussed included:
Industry Development: Joint initiatives to support the growth of insurance and reinsurance in East Africa.
Market Positioning: Strategies to strengthen each company's standing in their target markets.
Technical Training Collaboration: A commitment to shared technical training programs to build expertise across both teams.
Product Innovation: A strategic partnership to introduce new insurance products tailored to evolving market needs.
Ethiopia Re's delegation, led by CEO Mr. Dawit, included their Executive Officer for Strategy, Business Development, and Development Secretary. Representing Kenya Re were Ag. General Manager – Reinsurance Operations – Alice Mbutu, Senior Underwriter- Josephine Atandi, Ag. Manager International Business - Susan Kandie and Retakaful Coordinator – Mohamed Omar. The discussions were productive, setting the foundation for a long-term partnership poised to make a substantial impact on the insurance sector in Africa. Both Kenya Re and Ethiopia Re view this alliance as a catalyst for shared knowledge, innovation, and regional economic growth.
