#Fidelity Insurance

Monday, 9 November

Economy

Powerstar gets KSh 62 million insurance payout after Naivasha riots

Fidelity Insurance has paid Powerstar Supermarket KSh 62.16 million after political violence in May 2026 destroyed its Naivasha branch. Broker Minet Kenya handled the claim for what was assessed as a total loss.

Powerstar Supermarket has received KSh 62.16 million in compensation for its Naivasha branch, KBC and Business Today Kenya reported. Political violence and rioting in the area destroyed the branch in May this year. Fidelity Insurance paid the claim. Minet Kenya, the retailer's insurance broker and risk advisor, managed the process. According to KBC, the May riots completely razed the supermarket's premises. The retailer lost both its property and its merchandise. The damage was assessed as a total loss, which put heavy financial pressure…

Read more 1 min read