ποΈ| Fred Vasseur on team orders:
βThey weren't on the same strategy, so it was an easy decision. At that stage there was a clear difference in tyres, there was probably a second and a half difference in pace, there wasn't even a fight actually.β
βIt was also clear to Charles that they were on two different strategies, which is why we made this choice.β
Ndio salo imeingia na unashangaa utaweka that extra cash wapi?
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Britam Holdings Plc, has today posted a Kshs 4.82 billion profit before tax for the year ended 31 December 2023, a sixty-five percent increment from the Kshs 2.92 billion recorded in the previous financial year ended 31 December 2022.
The improved performance is attributable to a growth in top line revenue from both insurance and investment activities, which has cushioned the business from fair value losses incurred from fixed income securities.
The Group's insurance revenue increased to Shs 36.4 billion, reflecting a remarkable 41% increase from Shs 25.8 billion in 2022. This growth was primarily driven by significant growth in both the Kenya insurance businesses as well as the general insurance regional business which contributed 29% of the insurance revenue in the year. #BritamFY2023
The year under review marks the third year of the Groupβs implementation of its five-year strategic plan for the period 2021-2025. The positive outcome achieved during the year is a clear indication that the Group's customer-centric strategy is yielding significant benefits.
Visit our website https://t.co/mF3KiyJAqh to read more about our 2023 finacial perfomance. #BritamFY2023