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NCBA Group Finalises Acquisition of AIG Kenya

NCBA Group PLC has continued to cement its position in the financial services sector by completing the 100% acquisition of AIG Kenya Insurance Company Limited, after holding a minority share in the insurance company for over 18 years.

NCBA Group Plc Finalizes 100% Acquisition of AIG Kenya

NCBA Group PLC (“NCBA”), has today announced the completion of its 100% acquisition of AIG Kenya Insurance Company Limited (“AIG Kenya”), further strengthening its position in the financial services industry. NCBA has held a minority shareholding in AIG Kenya for over 18 years and this strategic move brings into NCBA an over 50-year-old insurance business, with a heralded market reputation for offering a sophisticated general insurance proposition to Corporates, SMEs, and individuals.

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