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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Insurance companies have recorded a 61.56 per cent drop in profit for the financial year ending December 2018 to Sh3.54 billion from Sh9.21 billion in 2017.
The fall was attributed to a continued decline in non-life insurance and fraud with underwriters posting a Sh2.869 billion loss in 2018 compared to Sh1 billion in 2017.
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