Business Daily | by Otiato Guguyu
Medical insurers in Kenya posted a record Sh1.3 billion in underwriting profits last year on slowed healthcare claims, as patients avoided hospitals for fear of contracting the coronavirus.
Latest data from the Insurance Regulatory Authority (IRA) shows that medical insurance firms rebounded from years of losses compounded by rising hospital bills claims.
Kenya reported the first Covid-19 case on March 13, prompting the State to impose measures such as a dusk-to-dawn curfew, social distancing and work-from-home calls. This triggered reduced hospital visits…
