Pan Africa Insurance Holdings Limited (NASE:PAFR.O) entered into an agreement to acquire a majority stake in Gateway Insurance Company Ltd on November 4, 2014. For the year ending 2013, Gateway Insurance posted total assets of KES 2 billion. The transaction is subject to regulatory and shareholder approvals.

Pan Africa Insurance Holdings Limited (NASE:PAFR.O) completed the acquisition of a majority stake in Gateway Insurance Company Ltd in year, 2014.