Kenya Reinsurance Corporation Limited

NASE:KNRE Stock Report

Market Cap: KSh17.8b

Kenya Reinsurance Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Hillary Wachinga

Chief executive officer

KSh30.1m

Total compensation

CEO salary percentage95.55%
CEO tenure2.8yrs
CEO ownershipn/a
Management average tenure1.6yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hillary Wachinga's remuneration changed compared to Kenya Reinsurance's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

KSh5b

Mar 31 2025n/an/a

KSh5b

Dec 31 2024KSh30mKSh29m

KSh4b

Sep 30 2024n/an/a

KSh5b

Jun 30 2024n/an/a

KSh5b

Mar 31 2024n/an/a

KSh5b

Dec 31 2023KSh20mKSh19m

KSh5b

Compensation vs Market: Hillary's total compensation ($USD233.28K) is below average for companies of similar size in the KE market ($USD404.84K).

Compensation vs Earnings: Hillary's compensation has increased by more than 20% in the past year.


CEO

Hillary Wachinga (45 yo)

2.8yrs
Tenure
KSh30,097,030
Compensation

Dr. Hillary Maina Wachinga is Group Managing Director since February 2025 and is Managing Director and Executive Director of Kenya Reinsurance Corporation Limited since April 2023. He was Manager of Risk &...


Leadership Team

NamePositionTenureCompensationOwnership
Hillary Wachinga
Group MD & Executive Director2.8yrsKSh30.10mno data
Ruth Ngugi
General Manager of Finance & Credit Control2yrsno datano data
Nicodemus Gekone
General Manager of Property & Investments1.6yrsno datano data
Warui Muiruri
Acting Chief Accountant1.4yrsno datano data
Samuel Ruugia
Head of Information Communication and Technology1yrno datano data
Sally Waigumo Kangethe
Manager of Human Resources Department20.5yrsno datano data
Peter Rop
Head of Internal Audit1yrno datano data
Charles Kariuki
Company Secretaryno datano datano data
Samson Mudogo
Manager of Credit Control Departmentno datano datano data
1.6yrs
Average Tenure

Experienced Management: KNRE's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Hillary Wachinga
Group MD & Executive Director2.8yrsKSh30.10mno data
Erick Gumbo
Independent & Non-Executive Chairman6.6yrsKSh5.23mno data
Eunice Nyala
Independent & Non-Executive Director3.6yrsKSh3.62mno data
David Muthusi
Independent Non-Executive Director4.6yrsKSh4.67mno data
James Kirika
Independent & Non-Executive Director4.6yrsKSh3.94mno data
Eric Korir
Non-Executive Alternate Director3.9yrsKSh1.89mno data
Zacharia Mbogo Nyaega
Non-Executive Director2.6yrsKSh3.13mno data
Omar Mahmud Shallo
Independent & Non-Executive Director2.6yrsKSh2.44mno data
John Ng'ongo
Director1.2yrsKSh960.00kno data
Jackline Joyce Nyandeje
Non-Executive Directorless than a yearno datano data
Abdirahin Haithar Abdi
Non-Executive Directorless than a yearno datano data
Leah Rotich
Non-Executive Directorless than a yearno datano data
2.7yrs
Average Tenure
53yo
Average Age

Experienced Board: KNRE's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/15 05:45
End of Day Share Price 2026/01/15 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kenya Reinsurance Corporation Limited is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Victor KoechAIB-AXYS Africa Limited
Muammar IsmailyEFG-Hermes Research
Alexander MuiruriFaida Investment Bank Limited