Insurance M&As continue as solvency deadline looms
Posted On: Nov. 19, 2019 5:15 AM CSTA report by Kenya-based Cytonn Investments Management PLC said that mergers and acquisitions are expected to continue in the country's insurance sector as insurers rush to meet a solvency requirement deadline of June 2020, Standard Digital reported. The new capital requirement has made it difficult for smaller insurers to continue with operations without increasing their capital or merging.