GA Insurance raises dividends as it nets Sh15 billion profit

GA Insurance Limited CEO Sandip Nhadury, Executive Director Sachit Shah and Group Chief Executive Director Vijay Srivastava during the launch of a Sh3,000 annual Covid-19 personal cover for Kenya on September 17, 2020. [Wilberforce Okwiri, Standard]

GA Insurance’s net profit last year grew by 49 per cent to Sh1.46 billion, helped by increased gross written premiums.

The underwriting firm’s disclosures show the net earnings grew from Sh984 million posted in the preceding similar period.