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The Standard Group Plc is a
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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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