Acquiring Company
First Chartered Securities Capital Limited
Acquired Company
ICEA LION Insurance Holdings Limited
Nairobi CountyNairobi CountyFinancial ServicesFinanceFinancial ServicesInsuranceDescription
First Chartered Securities Capital Limited has received approval to acquire sole control of ICEA LION Insurance Holdings Limited. This acquisition marks a significant shift in ownership, with First Chartered holding 75.9% of ICEA LION. The deal will further solidify First Chartered's position in the insurance sector across East Africa, pending any further regulatory approvals.
Fundz sees it the moment First Chartered Securities Capital Limited makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired ICEA LION Insurance Holdings Limited?
ICEA LION Insurance Holdings Limited was acquired by First Chartered Securities Capital Limited, based in Nairobi County. The deal was reported on October 5, 2026. First Chartered Securities Capital Limited is an investment holding company based in Kenya. It is controlled by the family of former Central Bank of Kenya governor Philip Ndegwa. First Chartered Securities Capital Limited is privately held and operates in Financial Services.
When did First Chartered Securities Capital Limited acquire ICEA LION Insurance Holdings Limited?
First Chartered Securities Capital Limited's acquisition of ICEA LION Insurance Holdings Limited was reported on October 5, 2026. First Chartered Securities Capital Limited has received approval to acquire sole control of ICEA LION Insurance Holdings Limited. This acquisition marks a significant shift in ownership, with First Chartered holding 75.9% of ICEA LION. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ICEA LION Insurance Holdings Limited do?
ICEA LION Insurance Holdings Limited is a leading provider of insurance products in East Africa. The company's subsidiaries offer life insurance, general insurance, and asset management services across Kenya, Uganda, and Tanzania. It is privately held, operating in Financial Services, and is based in Nairobi County.
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