The Standard | by Wainaina Wambu
Medical underwriter AAR Insurance posted a 55 per cent drop in performance for the year ended December 2020, attributed to high claims due to Covid-19.
Total profit fell to Sh234 million last year compared to Sh517 million in 2019, its financials showed.
“(Last year) was an extremely challenging financial year given the sudden shocks of the new coronavirus health crisis, which significantly affected our bottom line given the impact on many employers and families…
