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.