Kenya Insurers Lost KSh104 Million 2015

Kenya Insurers Lost KSh104 Million in 2015. This were underwriting losses in general business in the six months to June (2015) following a spike in claims in the motor and medical classes.

KES 104M Loss
The sector recorded a loss of Sh104 million in the core business compared to a profit of Sh1.2 billion posted in a similar period last year, data from the Insurance Regulatory Authority (IRA) shows. – Business Daily