×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Download App

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

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.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • 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