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Liberty issues profit warning on higher Covid-linked claims

Guests follow proceedings during the launch of a pension product by an insurance firm in Nairobi. FILE PHOTO | NMG

By  ELIZABETH KIVUVA

Liberty Kenya Holdings #ticker:LBTY has issued a profit warning for the year ended December 2021, citing the impact of the Covid-19 pandemic.

The Nairobi Securities Exchange-listed firm said its profit for the year is likely to drop by at least a quarter on the back of higher risk claims on the insurance business.

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Note: The results are not exact but very close to the actual.

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