Kenya Re, net profit up 7%

The net profit of Kenya Re has amounted to 34.2 million USD in 2013, an increase of 7% compared to 2012. A result affected by a larger incurred losses (+16%) than in the past and a decrease in investment income (-14%).

As a reminder, the amount of gross written premiums is 109.4 million USD in 2013, up by 21% compared to 2012.

Note: growth rates calculated in local currency
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