Zep Re, 2014 results

Zep Re announces its results for the year 2014. The Kenyan reinsurer premiums rose by 24.4%. They went from 100.81 million USD in 2013 to 125.44 million USD in 2014.

With 18.71 million USD, the net result increased by 21.8%. This figure was at 15.36 million USD a year earlier. This double-digit growth is the result of the good performance of the damage to property class of business.

The financial results which increased by 19.6% at 10.86 million USD also contributed to the figures’ improvement.