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Kenya: Insurance industry records 16.8pc net profit rise in 2016

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  Kenya’s insurance industry recorded a 16.8 per cent net profit growth to Sh11.1 billion in the year ended December, according to statistics from the Insurance Regulatory Authority (IRA). The sector’s net earnings stood at Sh9.5 billion the year before. The performance excludes results from operations outside Kenya and also leaves out reinsurers. Some insurers ...

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