Kenya Re profit jumps 50% in H1

S 1 - 2 - 3 D I ID RK RT C - 0

Kenya Re has reported that its half-year profit has increased by 50 percent to KSh 1.58bn driven by higher investment income, reduced operating costs, and a decrease in foreign exchange losses by a significant margin. The reinsurer also reported improved underwriting, with overall results benefiting from a steadier Kenyan shilling.