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.