Sanlam Kenya Plc, a non-bank finance solutions provider, loss after tax grew 52.6% to Ksh 0.13 billion in FY 2023. The loss was driven by a significant 417.6%  increase in reinsurance expenses to Ksh 1.2 billion and a decline in insurance revenue totalling Ksh 6.9 billion. Due to lower expenses, Sanlam’s net insurance service results … Continue reading Sanlam Kenya Loss Widens to  52.6%, But Core Up