Britam
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Britam launches investment fund targeting Kenyan children
Kenyan parents are being encouraged to start investing for their children earlier as Britam Asset Managers launches a new investment account designed to give young people a longer runway to build wealth. The new product, KidNest, allows parents and guardians to begin investing for their children with contributions from as little as Sh1,000. The funds…
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Britam Buys Significant Stake in Continental Reinsurance Kenya
Britam Holdings has acquired a 30 percent stake in Continental Reinsurance Kenya in an expansion move into the reinsurance market. The investment, valued at Sh763.8 million, places a worth of approximately Sh2.8 billion on Continental Re’s Nairobi subsidiary. The deal was executed through Britam Life Assurance and is expected to strengthen Britam’s income base while…
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