Absa Life Assurance profit up 84pc to Sh667 million

Absa Life Assurance Kenya managing director Githanji Waiguru.  

Photo credit: File photo | Nation Media Group

Absa Life Assurance Kenya has posted an 84.4 percent rise in net profit to Sh667.2 million in the financial year ended December 2023, driven by increased investment income.

The life assurance firm, a subsidiary of Absa Group Limited, saw its net earnings grow from Sh361.86 million it had posted in the previous year.

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