ANNUITIES PERFORMANCE IN KENYA
The gross written premiums increased from Kshs 6.9 billion in 2018 to Kshs 7.5 billion in 2019 representing an 8.3% growth. The profit ratio increased from -4.0% in 2018 to 8.0% in 2019, while the investment income return increased from 14.0% to 15.0% over the same period.
Our report briefly summaries the annuities performance in Kenya as at December 2019.
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