Commendable pro-activity by Kenya Re;
"The local market remains a key contributor to the Corporation's business currently accounting for about 53% of total premiums. As the needs of the insurance market continue to rise, most companies are coming up with innovative products and services to meet the needs of a changing market. The recent discovery of oil in Kenya presents yet another opportunity for us to grow our business.
The Corporation has taken a bold step in the emerging oil and gas industry by carrying out relevant training on best practice in handling the proceeds of this venture should it be deemed viable."
Source: The Chair's statement, Annual Report 2012.