Kenya Re half-year profit rises to Sh1.5bn on lower forex losses

Kenya Reinsurance (Kenya Re) Managing Director Dr Hillary Wachinga.

Photo credit: Bonface Bogita | Nation Media Group

Regional reinsurer Kenya Re posted a higher Sh1.5 billion net profit for the six months ended June 2025, up from Sh1 billion previously, lifted by a reduction in foreign exchange losses.

The firm, majority owned by the government of Kenya, saw its forex losses for the period fall to Sh22.2 million, down from Sh844.2 million a year earlier, as gains by the local currency plateaued in the period.

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