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Kenya Re rallies after bonus issue raising capital Sh8 billion

FIS Risk Solutions leader Martin Sarjeant, Kenya Re Managing Director Jadiah Mwaraniah and Deloitte Africa Insurance Sector leader Andrew Waren in Nairobi on October 30, 2018. [File]

Kenya Re-Insurance Corporation (Kenya Re) shares jumped 14 per cent to Sh12.50 yesterday after the firm announced plans to issue bonus shares of three for every one held.

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