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Jubilee Insurance FY 2014 results profit up 25%
omega
#11 Posted : Tuesday, March 24, 2015 10:47:40 PM
Rank: Member

Joined: 6/9/2009
Posts: 85
muganda wrote:
Whoosh @littledove, I'm seeing the same updates online...

How we performed in 2014 financial year:
Profits before tax Kshs 3.95 Billion up by 25%; Gross premium over Kshs 30.35 Billion up by 30%;
Total income Kshs 24.36 Billion up by 35%;
Short term business up 16%; Life business up 60% and Medical business up 24%



Applause Applause Applause Applause Applause

Jubilee Holdings net profit up 24pc on premiums rise
Ericsson
#12 Posted : Tuesday, March 24, 2015 11:10:12 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Jubilee is king;
The company following them in terms of gross premiums is less than half what they achieved
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mlennyma
#13 Posted : Tuesday, March 24, 2015 11:43:30 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ericsson wrote:
Jubilee is king;
The company following them in terms of gross premiums is less than half what they achieved

medical is one front insurances will have to re-think I heard that man mention the word fraud
"Don't let the fear of losing be greater than the excitement of winning."
littledove
#14 Posted : Wednesday, March 25, 2015 9:28:18 AM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
http://www.businessdailyafrica.com/Corporate-News/Jubilee-Holdings-net-profit-up-24pc-on-premiums-rise/-/539550/2664564/-/b5kv4cz/-/index.html


We are definitely interested in acquisitions,” he said, adding that the company is in talks with three insurers in Kenya and East Africa to this end.

“What we are looking for are companies with the same high ethical standards as Jubilee,” he said, adding that the firm is interested in taking majority stakes
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
muganda
#15 Posted : Wednesday, March 25, 2015 10:00:21 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Well now Jubilee is first in both general and life business in Kenya. Britam trades at a P/E of 17.85


The story in pictures:

Othelo
#16 Posted : Wednesday, March 25, 2015 10:35:26 AM
Rank: User

Joined: 1/20/2014
Posts: 3,528
muganda wrote:
Well now Jubilee is first in both general and life business in Kenya. Britam trades at a P/E of 17.85



No 2 is who ....#teamCyton ama ????
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
theking
#17 Posted : Wednesday, March 25, 2015 11:55:43 AM
Rank: Member

Joined: 1/25/2010
Posts: 344
books closure?
Pesa Nane
#18 Posted : Wednesday, March 25, 2015 2:03:02 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
theking wrote:
books closure?


HIGHLIGHTS:
PBT up 25% to Kshs. 3.95Bn
Gross written premium up 30% to Kshs. 30.35Bn
Total Income up 35% to Kshs. 24.4Bn
Gross Revenue up 37%
Long Term business up 60%
Medical business up 21%

Div. Per Share Kshs. 7.50
Payable 24 July 2015
Register Closure 08 June 2015

BONUS 1:10
Pesa Nane plans to be shilingi when he grows up.
Gordon Gekko
#19 Posted : Thursday, March 26, 2015 6:14:11 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
571 Dancing
watesh
#20 Posted : Friday, March 27, 2015 1:08:40 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
Finally decided to jump into this bus. Hope all goes well
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