News Africa18 Aug 2024

Kenya Re's 1H profits fall due to forex losses

| 18 Aug 2024

Kenya Reinsurance Corporation has posted a 10% fall in profits after tax to KES1.06bn ($8.2m) for the first half of 2024 from KES1.17bn in 1H2023, despite a 20% jump in insurance revenue, according to the company's interim financial statements.

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