11.04.2013 - Takaful Insurance of Africa pays out profits, expands product range
Takaful Insurance of Africa Limited (TIA), East Africa’s first Takaful operator, made history again, Saturday, by becoming the first insurance company in Kenya and East Africa to share its profits with clients. At the event attended by over 500 of the company’s clients, brokers and agents, TIA announced that from gross premium income of just over KES 178 million and underwriting profit of KES 26 Million in 2011, it would share 60 per cent or KES 15.6 million of the underwriting profit, with its 4000 Clients who did not make any claims during the year...............................................Full Article: Source
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