Kenya Re opens talks on dusitD2 payouts

DusitD2 hotel in Nairobi was attacked by terrorists on January 15, 2019. PHOTO | JEFF ANGOTE | NMG

What you need to know:

  • Kenya Re said it had started talks with the unnamed insurers but the losses were yet to be assessed.
  • Kenya Re, which offers cover to more than 160 insurance companies spread out in over 45 countries in Africa, the Middle East and Asia, saw its gross written premiums go up to Sh7.5 billion last year, slightly higher than the Sh7.09 billion reported in 2016.
  • Security analysts have warned that businesses need to understand the risk posed by terrorist attacks to their people, property and technology.

The recent attack on a hotel and business complex in Nairobi will see Kenya Reinsurance Corporation (Kenya Re) make payouts to two underwriters, the listed firm has said.

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