Despite the economic difficulties noted, reinsurer Zep Re has managed to make net profits amounting to 19.9 million USD for the year 2015. The gross premium volume is on a 10.6% rise at 138.7 million USD.
The company’s total assets have been valued at 21.4% at 310 million USD whereas shareholder’s equity increased by 18.1% at 169 million USD. The net loss ratio was of 54% in the course of the year mentioned.
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[6] http://www.atlas-mag.net/article/liberty-kenya-holdings-envisage-d-effectuer-plusieurs-acquisitions