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Waica Re eyes expansion in East, Central Africa


Sierra Leone-based Waica Reinsurance Corp. has set up a new office in Kenya to expand its operations in East and Central Africa, The Standard reported. Charles Etemesi, chief executive of Waica Re, said that the reinsurer has invested 1 billion Kenyan shillings ($10 million) in technology to offer reinsurance for all general classes across the region.

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