×
App Icon
The Standard e-Paper
Stay Informed, Even Offline
★★★★ - on Play Store
Download App

UAP profit dips even as new marine cover raises hope

James Wambugu - UAP Insurance managing director

Uptake of marine cargo insurance has got off to a slow start even as firms insist that it does not apply to cargo transactions initiated last year.

UAP-Old Mutual Insurance said yesterday underwritten premiums have jumped three times in the first two months of the year against the anticipated five times.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full 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