×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

Medical insurers return to profit

Association of Kenya Insurers Executive Director /CEO Tom Gichuhi during the interview at AKI offices. [File] 

Medical insurers have clawed back from the red to record a Sh204 million underwriting profit for the year 2019 compared to a Sh1.08 billion loss the previous year.

Industry experts attributed the improved earnings to prudent claims management, increased premium earnings and good pricing. This was during the release of an annual report by Association of Kenya Insurers (AKI) in Nairobi yesterday.

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