Sanlam Kenya Plc has posted a larger net loss of Sh171.9 million in the six months to June, with results blamed on weaker performance in its investment portfolio and a higher tax bill.
The listed insurer had recorded a net loss of Sh9 million the year before. The company posted a loss of Sh180.9 million in its investments in the review period, reversing a gain of Sh631.5 million a year earlier.
