Kenya Re Half-Year Profit Rises 50% to KSh 1.58 Billion as FX Losses Ease

Kenya Re posted a 50% rise in HY profit after tax to KSh 1.58B, driven by higher investment income, lower costs and a 97% drop in FX losses...
✨ Key Highlights
Kenya Re announced a profit after tax growth of 50% to KSh 1.58 billion for the half-year ended June 30, 2025, up from KSh 1.06 billion a year prior. This significant increase was primarily driven by higher investment income and a substantial 97% reduction in foreign exchange losses.
Profit After Tax reached KSh 1.58 billion, a 50% increase.
The key organization involved is Kenya Re, a listed reinsurance company.
Foreign exchange losses significantly narrowed to KSh 22 million from KSh 844 million, playing a crucial role in the increased profitability amidst declining insurance revenue and service results.
Continue Reading
Read the complete article from The Kenyan Wall Street