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Britam bounces back from Sh2.2b loss to book Sh3.5b profit

Britam Group Managing Director Dr. Benson Wairegi. [Wilberforce Okwiri/Standard]

Britam Holdings has returned to profitability after posting a Sh3.5 billion net profit for the year ended December 31, 2019.

The diversified financial services firm attributed the recovery from a Sh2.21 billion loss in the previous year to increased premium earnings and its international insurance business.

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Britam Holdings