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Kenya Re’s net profit rises 15%

Posted On: Apr. 3, 2023 9:49 AM CST

Premium growth

Kenya Reinsurance Corp. Ltd.'s consolidated net profit increased 15% year-on-year to 3.62 billion Kenyan shillings ($27.5 million) in 2022, Middle East Insurance Review reported. The growth in net profit is attributed to a 23% increase in gross written premiums to KES24.98 billion.