Kenya Re at a glance. All errors, misrepresentation regretted.
1. Ownership structure, management and the managements track record...expertise...the board experience and qualifications etc
Kenya Re was established in 1970, becoming the oldest Re-insurer in Eastern and Central Africa. GoK. owns approx. 60% and public 40%.

DIRECTORS:
Nelius Kariuki (Chair / non-exec director): BA (econ), MA (Econ). Member, Institute of Directors and a former Principal Economist (GOK). Joined Kenya Re 2003. Chair since 2007. Also director of Zep Re, Nelleon.
Jadaih Mwarania (Managing Director). BCom, MBA. Member FCII, FIIK, CI (London) and Associate member KIM. Appointed 2011. 20 years in Kenya Re. Also director in Zep Re and hon. Secretary AKR.
Joseph Kinyua (Treasury / non-exec. director). BA (Econ), MA (Econ). PS, Min of Finance (Treasury). Formerly with IMF and also alternate governor, World Bank Board of Governors.
Dr. Irukia Kailemia (Non exec director). Also director, Madawa Pharmaceuticals.
Jacon Haji Ali (Non exec director). Appointed since 2003.Former legal Assistant, ICDC
Gladys Mumbua Mboya (Non exec director). Joined 2007. LLB, MBA, ACIrb. Advocate of the High court, experienced in Commercial and Corporate practice
Everest Matolo Lenjo (Non exec director). BA (International Trade and Marketing), MBA (Corporate Finance).
Priscilla Kirigua (Non exec director). BSc, MBA (Ops and Strategic Management)
Dr. Lumbi wa M’Nabea (Non exec director). BSc., MSc. 2nd Vice Chair of APDK.
Felix Owaga Okach (Non exec director). BCom, PGD (Econ), MBA. Joined board in 2010.
Maina Mukoma (Non exec director). BCom, ACII (London), ACIrb, AMKIM. Also managing director Cannon Assurance.
Habil Waswani (Corporation Secretary, Pricipal Legal Officer). BB.L, Law Diploma (KSL), GEMBA. Member ICPSK, LSK and Advocate of the high court.


2. What is Kenya RE's a competitive advantage over its rivals (Moat)? Can it survive under an onslaught like the one Airtel did to Safcom?
Investment diversification: (Re-Insurance) Aviation, Marine, Engineering, Fire, Motor, Ratakaful and Life. Property (Kenya Re Tower, Anniversary Towers, Reinsurance Plaza NBI and KSM etc)
Financial strength – Financial Strength Rating of B+ (Good) from AM Best 2011, Issuer Credit Rating (ICR) of BBB-
Best practice and Quality Management Systems – Kenya Re is ISO 9001:2008 Certified
Positive Future outlook: “Kenya Re has maintained an international solvency ratio well above 200% over the review period, with forecasts predicting solvency to remain robust over the medium term” GCR
Market Risk Spread: Kenya Re is present in Kenya, Africa, Middle East and Asia.
Successful Re-Branding, Aggressive marketing, new products (Sharia compliant),


3. What is Kenya re doing to ensure it strengthens any weaknesses found in the first two questions?? eg board & management changes, privatisation trends, re branding, investment diversification etc etc!
Attract, develop and maintain a pool of qualified and experienced staff.
Weak Enterprise Risk Management: Measure have been introduced to reflect some improvement in monitoring the Company’s Risk metrics. It formed a risk division and recruited a risk compliance officer Mr Hilary Maina Wachinga. However, as at end of 2012, ERM is still deemed as weak.
Non-existence succession plan: Kenya re- has set up succession plans for senior management. This was evidenced on departure of Eunice Mbogo and transition to Jadiah Mwarania (MD)
Re-Branding and innovation: Introduced Political Risk Cover after the 2007/08 PEV, Ratakaful, Own the house of your dream etc
Engage modern Technology to increase efficiencies. ICT elevated as a complete division headed by George Njuguna
Visibility – Niko Fiti Campaign
Commitment to continuous quality improvement and focus on customer satisfaction.