Bank of Kigali sells 30% of its insurance business to Mauritian Swan

Bank of Kigali has sold 30% of its insurance business to the Mauritian group Swan General for nearly 1 million dollars. In 2015, the Rwandan bank created BK General Insurance, a non-life insurance company, which started operating in March 2016.

Through this partnership, Bank of Kigali and its Mauritian partner will henceforth be able to explore investment opportunities in the life class of business in Rwanda.