Equity Group life insurance subsidiary's pre-tax profit for nine months ended September, rose 2.8 times to Sh1.07 billion on increased revenue, beating some of its banking operations.
At Sh1.07 billion, the pre-tax profit of Equity Life Assurance Kenya, which Equity Group owns fully, through Equity Group Insurance Holdings, has overtaken Equity Bank Tanzania (Sh0.9 billion) and Equity Bank South Sudan (Sh0.8 billion) on gross profits.