Equity has approved the establishment of new insurance units as part of its expansion plans in Kenya and the Democratic Republic of Congo (DRC). In Kenya, the company will create a microinsurance firm with a capital base of Sh192 million. In the DRC, Equity plans to launch a life insurance company with an initial capital of $12 million and a general insurance company with a capital of $13.37 million.

Kenya's insurance industry is grappling with price undercutting even as companies face pressure to deliver faster claims, better service and stronger customer trust. Old Mutual Holdings CEO Arthur Oginga argues that lower prices are not inherently harmful if they result from genuine efficiency, but warns that unsustainable pricing driven by competition poses problems. According to TechTrends KE, the debate highlights the difficult economics behind Kenya's insurance market and the tension between affordability and long-term sector stability.

Kenya's insurance industry is increasingly turning to artificial intelligence to enhance efficiency, minimize losses, and broaden coverage in a market with low uptake. This trend was highlighted at the InsurTech Forum Nairobi 2026, where industry executives and technology leaders discussed the future of transformation in the sector.

Nigeria's Commissioner for Insurance, Olusegun Omosehin, has warned insurance companies to strictly adhere to prudential standards and ethical conduct following the conclusion of the industry's recapitalisation exercise. According to Vanguard, Omosehin issued the warning on Thursday at the launch of the Insurance Sector Strengthening Programme (ISSP) in Abuja, an initiative aimed at reinforcing the country's insurance sector.

The Tanzania Revenue Authority (TRA) has exceeded its collection target for the fiscal year 2025/26, gathering Sh37.96 trillion, which is 105.24% of the intended target of Sh36.07 trillion, according to Nukta Africa.

The National Insurance Commission (NAICOM) has urged the Nigerian Insurers Association (NIA) to take the lead in rebuilding public trust in the insurance sector as it undergoes significant transformation. This statement was made by the Commissioner for Insurance at NAICOM, Mr. Olusegun Ayo Omosehin, during a celebration for Mrs. Ebelechukwu B. Nwachukwu, who is recognized as the 27th and first female in her position.