Kenya Re: results increase in 2021

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Kenya ReKenya Re has closed the year 2021 with a 10% turnover increase reaching 20.355 billion KES (178.62 million USD) against 18.535 billion KES (168.68 million USD) in 2020.

The net profit has increased by 0.8% from 2.943 billion KES (26.78 million USD) in 2020 against 2.968 billion KES (26.05 million USD) in 2021.

The incurred losses decreased from 13.517 billion KES (123.01 million USD) as of 31 December 2020 to 11.422 billion KES (100.23 million USD) one year later, which represents a 15.5% drop over one year.

The investment income stood at 3.658 billion KES (32.1 million USD), a decrease of 4% compared to 2020.

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Thu, 14/04/2022 - 12:23
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