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Sanlam sinks into Sh78 million after-tax loss

Sanlam Kenya CEO Dr. Patrick Tumbo (PHOTO: Courtesy)

NAIROBI, KENYA: Nairobi Securities Exchange (NSE) listed firm, Sanlam Kenya PLC has reported an after-tax loss of Sh78 million in 2020 financial results representing a decline from the prior-year after-tax profit of Sh114million.

The company saw an increase in claims and lower investment returns during the period impacting negatively on its books.

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