VituVingiSana wrote:Britam needs to sort out its underperforming KE businesses first. And consolidate/expand in the markets it is already in.
The new CEO has tried to clean up the firm and streamline it.
Their biggest source of Gross Earned premiums is the life business.
Breakdown as follows;
Britam Life ksh.12.372bn
Regional General Insurance ksh.7.87bn
Kenya General Insurance ksh.7.957bn
Profitability before tax
Britam Life loss of ksh.3.437bn
Regional General Insurance profit of ksh.826mn
Kenya General Insurance profit of ksh.374mn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle