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Bear run as NSE condemns insurers’ investment income to four-year low

By Patrick Odenyo Alushula | 9yrs ago

Insurance companies posted investment income of Sh6.5 billion for the year ending December 31, 2015, the lowest since 2011. PHOTO: COURTESY

Insurance companies posted investment income of Sh6.5 billion for the year ending December 31, 2015, the lowest since 2011.

Latest data compiled by the Insurance Regulatory Authority (IRA) show the income was a 41.2 per cent slump compared to Sh11.1 billion the industry received in 2014.

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