Insurer ATI sees 2019 profit jump to Sh3bn

African Trade Insurance Agency Chairman Yohannes Birru. FILE PHOTO | NMG

Nairobi-based African Trade Insurance (ATI) is set to post a $30 million (Sh3 billion) net profit for the year ending this month, based on estimates from management accounts.

This will represent a 150 percent jump compared to net earnings of $11.9 million (Sh1.2 billion) recorded a year earlier.

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