×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

Insurance profits in Kenya dip 11.9pc in six months

Maurice Oduor, Cytonn’s investment manager

NAIROBI: Listed insurance companies have registered an 11.9 per cent dip in profits after tax in the first half of this year.

According to a half-year report on the insurance sector prepared by Cytonn Investments Management, the performance was a result of a high combined ratio of 127.3 per cent.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in