Bloomberg News

Pan Africa Insurance of Kenya Advances After Dividend Report

February 21, 2012

Feb. 21 (Bloomberg) -- Pan Africa Insurance Holdings Ltd. of Kenya rose to its highest intraday level in almost a month after announcing it will pay a dividend of 2 shillings a share.

The insurer gained 3.8 percent to 20.5 shillings at 11:39 a.m. in Nairobi, the capital. A close at that level would be the highest since Jan. 4.

To contact the reporter on this story: Eric Ombok in Nairobi at eombok@bloomberg.net

To contact the editor responsible for this story: Hilton Shone at hshone@bloomberg.net


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