UAP beats CIC to claim top spot in general insurance

The UAP-Old Mutual Tower in Nairobi. FILE PHOTO | COURTESY

UAP Insurance Company has overtaken CIC #ticker:CIC and APA insurance firms to become the top general insurer as measured by the amount of gross written premiums.

Latest data from the Insurance Regulatory Authority (IRA) shows that UAP closed last June with a market share of 8.3 percent, climbing from the fourth position it occupied in previous similar period.

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