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Insurers expect to profit from peaceful elections in Kenya

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Insurers expect to profit from peaceful elections in Kenya

Kenyan insurers that covered risks arising from political violence during the country’s general elections are expected to make underwriting profits from those policies, AllAfrica reported, citing Daily Nation. The elections, held on Aug. 8, passed off largely peacefully with minimal damage to property and business disruption. Businesses across the country had taken out policies ahead of the elections to hedge their losses.

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