News Africa05 Aug 2019

Kenya:State-owned reinsurer hit by higher claims in 1H

05 Aug 2019

The Kenya Reinsurance Corporation (Kenya Re) has posted a 12.2% fall in net profit in the half year ended 30 June due to an increase in claims. Net profit stood at KES1.08bn ($10.5m) in the period compared with KES1.23bn the year before.

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