Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Resolution Health of Kenya Profit Rises 16% as Revenue Climbs

Resolution Health East Africa Ltd., a Kenyan medical insurer that plans to trade its shares on the Nairobi Stock Exchange within four years, said full-year profit grew 16 percent as revenue climbed.

Net income increased to 208 million shillings ($2.4 million) in the 12 months through December from 179.4 million shillings a year earlier, Chief Executive Officer Peter Nduati told reporters today in Nairobi, the capital. Total revenue advanced 15 percent to 1.3 billion shillings, Nduati said.

“Our strong performance in 2010 demonstrates that our focused growth strategy is producing sizeable returns,” he said.

Frankfurt, Germany-based ADC African Development Corp., a company with investments in sub-Saharan Africa, bought 25.1 percent of Resolution for 184 million shillings on Jan. 13. Resolution, which has operations in Tanzania, plans to expand in neighboring Uganda, Rwanda and Southern Sudan, Nduati said in January.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.