Results up for UAP in 2013

UAP has achieved a net profit of 20.5 million USD in 2013, an increase of 27% compared to 2012.

This result, "the highest of all the times" for UAP, is the proof that the "diversification strategy [of the insurer] is bearing results" according to Dominic Kiarie, the managing director of UAP.

Life and non-life branches show respective increases of 55% and 39%, for a total gross premiums up by 41% to 144.4 million USD.

Note: growth rates in local currency
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