statementSaid on 2026-11-10

First Assurance Investments has completed its acquisition of Absa Group's controlling 63.32% interests in First Assurance Company and Absa Life Assurance Kenya.

A statement by kenyanwallstreet, said on 2026-11-10. Statements are as reported by the cited publishers — not verified by DecisionGateway.

First Assurance Investments has completed its acquisition of Absa Group’s controlling 63.32% interests in First Assurance Company and Absa Life Assurance Kenya

kenyanwallstreetPublished 2026-11-10 Read source

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Absa has exited Kenya insurance after a Sh3bn buyout by the Mudavadi group.businessdailyaf · statement First Assurance Company becomes First Assurance General.kenyanwallstreet · commitment Absa Life will be renamed First Assurance Life.kenyanwallstreet · commitment The acquisition ends 11 years of Absa ownership.kenyanwallstreet · statement Existing distribution arrangements with Absa Bank Kenya continue.kenyanwallstreet · commitment Absa ranks eighth in Kenya’s KSh 948.7 Bn unit trust industry.kenyanwallstreet · statement

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