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Kenya Re records 14.6pc rise in net profit to Sh3.6 billion

Kenya Re acting Managing Director Michael Mbeshi during the release of the firm’s 2022 financial performance in Nairobi on March 28, 2023. PHOTO | DENNIS ONSONGO | NMG

By  Edna Mwenda

Business Reporter

Nation Media Group

Kenya Re has doubled its dividend payout to Sh0.2 per share or Sh559.9 million for the year ended December from Sh0.1 per share amounting to Sh279.9 million the year before.

The insurer announced the higher payout as its net profit in the review period rose 14.6 percent to Sh3.6 billion.

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