Equity approves new insurance units for Kenya, DRC expansion

Under the plan, Equity will establish a microinsurance company in Kenya with a capital base of Sh192 million. In the DRC, the Group plans to set up a life insurance company with an initial capital of $12 million and a… Under the plan, Equity will establish a microinsurance company in Kenya with a capital base of Sh192 million. In the DRC, the Group plans to set up a life insurance company with an initial capital of $12 million and a general insurance company with capital of $13.37 million.