The Kenya Wall Street

BRITAM made a profit of KSh 3.5 Billion from a loss of KSh 2.2 Billion.

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British American Insurance Company (BRITAM), a leading insurance underwriter, made a profit of KSh 3.5 Billion from a loss of KSh 2.2 Billion at the end of the financial year closing on 31st December 2019.

Net earned revenue increased from KSh 21.7 Billion to KSh 23.6 Billion while total commissions earned increased from KSh 857.4 Million to KSh 999.9 Million.

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Pre-tax profit increased to KSh 4.6 Billion from a loss of KSh 2.3 billion. The Balance Sheet size increased to KSh 125.2 Billion from KSh…

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