Licensed Reinsurance Companies in Kenya
Reinsurance is the insurance sector’s backbone, helping underwriting firms manage large-scale losses by shifting risks to specialized reinsurance companies. This arrangement not only prevents financial shocks but also promotes stability in premium pricing, profitability, and expansion of insurance operations.
As of 2025, the Insurance Regulatory Authority (IRA) licenses five reinsurance firms to operate in Kenya.
Approved Reinsurance Firms in Kenya
| No. | Company Name | Location | Contact |
|---|---|---|---|
| 1. Continental Reinsurance Limited | 4th Floor, 197 Lenana Place, Lenana Road, Nairobi | +254 20 242 9392/3, +254 20 513 7701 | |
| 2. East Africa Reinsurance Company Limited | EARe House, 98 Riverside Drive, Nairobi | +254 733 623 737, +254 728 111 104, +254 20 408 4000 | |
| 3. Kenya Reinsurance Corporation Limited | Reinsurance Plaza, Nairobi | +254 703 083 000, +254 20 220 2000 | [email protected] |
| 4. Ghana Reinsurance Company (Kenya) Limited | TRV Office Plaza, Suite 2D, 58 Muthithi Road, Westlands, Nairobi | +254 20 374 8974/5 | [email protected] |
| 5. WAICA Reinsurance (Kenya) Limited | Real Towers Annex, Hospital Road, Upper Hill, Nairobi | +254 20 272 2000 | [email protected] |
Potential New Entry – 2026 Forecast
African Unity Reinsurance Kenya Limited (pending IRA approval) is preparing to launch with a mandate to support agricultural and SME insurance schemes in underserved regions.
Why Reinsurance Matters
- Risk Diversification: By transferring high-value claims, insurers safeguard their solvency and meet regulatory capital requirements.
- Premium Stability: Insurers can offer consistent pricing even when exposed to unpredictable events.
- Market Growth: With risk buffers, insurance companies can expand their portfolios, entering new sectors confidently.
- Reinsurance Advisory: Some firms offer actuarial support, catastrophe modeling, and portfolio strategies for optimal coverage.
Further Information
For licensing verification, market changes, or upcoming company launches:
Insurance Regulatory Authority (IRA)
- Phone: 0719 047 000 / 020 499 6000
- Email: [email protected]
- Office Address: Zep-Re Place, Longonot Road, Upper Hill, Nairobi
Conclusion
These five licensed reinsurance companies are instrumental in fostering resilience within Kenya’s insurance ecosystem. Their expertise in underwriting and risk management enables local insurers to offer more robust and affordable policies to businesses and citizens alike.
READ MORE:Kenya’s Top Insurance Brokers 2025
