Sanlam Allianz Kenya profit quadruples to Sh124.6M on higher premiums
Sanlam Allianz Holdings (Kenya) Plc posted half-year net profit of Sh124.6 million, up from Sh30.9 million, driven by a 32% rise in gross written premiums and insurance revenue reaching Sh2.2 billion. The insurer says its balance sheet topped Sh40 billion and solvency closed at 266%, while it launched the Income Drawdown Fund and expanded savings options.