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CIC Insurance 2019
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Ericsson
#101 Posted : Monday, August 10, 2020 7:16:07 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Ericsson wrote:
bartum wrote:
Where is this man @pkoli, he understood cic


Half year results will be out within the next two weeks.


HY 2020 results are out.
HY 2020 compared to 2019
Gross written premiums down 3.2% to ksh.9.283bn compared to 9.594bn
Net earned premiums down 0.069% to ksh.7.106bn compared to 7.111bn
Investment and other income down 26% to ksh.1.2bn compared to 1.62bn
Net claims and policy holders up 7.6% to ksh.5.4bn compared to 5.04bn
Loss before tax @ksh.286.54mn
Loss after tax at ksh.335.5mn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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  | | Edit by user: Monday, August 10, 2020 9:46 PM | Reason: Not specified
Queen
#102 Posted : Monday, August 10, 2020 7:46:05 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
Ericsson wrote:
Ericsson wrote:
bartum wrote:
Where is this man @pkoli, he understood cic


Half year results will be out within the next two weeks.


HY 2019 results are out.
HY 2020 compared to 2019
Gross written premiums down 3.2% to ksh.9.283bn compared to 9.594bn
Net earned premiums down 0.069% to ksh.7.106bn compared to 7.111bn
Investment and other income down 26% to ksh.1.2bn compared to 1.62bn
Net claims and policy holders up 7.6% to ksh.5.4bn compared to 5.04bn
Loss before tax @ksh.286.54mn
Loss after tax at ksh.335.5mn


HY 2020?
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heri
#103 Posted : Monday, August 10, 2020 9:00:53 PM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
Ericsson wrote:
Ericsson wrote:
bartum wrote:
Where is this man @pkoli, he understood cic


Half year results will be out within the next two weeks.


HY 2019 results are out.
HY 2020 compared to 2019
Gross written premiums down 3.2% to ksh.9.283bn compared to 9.594bn
Net earned premiums down 0.069% to ksh.7.106bn compared to 7.111bn
Investment and other income down 26% to ksh.1.2bn compared to 1.62bn
Net claims and policy holders up 7.6% to ksh.5.4bn compared to 5.04bn
Loss before tax @ksh.286.54mn
Loss after tax at ksh.335.5mn


My worst performing monkey on my back . Hope the sale of the land will give us something to wipe the tears
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  | | Edit by user: Monday, August 10, 2020 9:01 PM | Reason: Not specified
Ericsson
#104 Posted : Monday, August 10, 2020 9:47:59 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Queen wrote:
Ericsson wrote:
Ericsson wrote:
bartum wrote:
Where is this man @pkoli, he understood cic


Half year results will be out within the next two weeks.


HY 2019 results are out.
HY 2020 compared to 2019
Gross written premiums down 3.2% to ksh.9.283bn compared to 9.594bn
Net earned premiums down 0.069% to ksh.7.106bn compared to 7.111bn
Investment and other income down 26% to ksh.1.2bn compared to 1.62bn
Net claims and policy holders up 7.6% to ksh.5.4bn compared to 5.04bn
Loss before tax @ksh.286.54mn
Loss after tax at ksh.335.5mn


HY 2020?

Rectified
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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WWW
  |
FUNKY
#105 Posted : Monday, August 10, 2020 9:48:06 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
When are they announcing the results of the sale of their land?
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Ericsson
#106 Posted : Monday, August 10, 2020 11:24:47 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
FUNKY wrote:
When are they announcing the results of the sale of their land?


They had mentioned AGM for ratification by shareholders is to be held this quarter.
I guess invite for virtual AGM will be this month.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Angelica _ann
#107 Posted : Tuesday, August 11, 2020 1:11:57 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
One share I have never looked at. Always felt is has no clear strategy on market segment and penetration and too much Coop Bank influence.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Queen
#108 Posted : Tuesday, August 11, 2020 1:09:45 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
Ericsson wrote:
Queen wrote:
Ericsson wrote:
Ericsson wrote:
bartum wrote:
Where is this man @pkoli, he understood cic


Half year results will be out within the next two weeks.


HY 2019 results are out.
HY 2020 compared to 2019
Gross written premiums down 3.2% to ksh.9.283bn compared to 9.594bn
Net earned premiums down 0.069% to ksh.7.106bn compared to 7.111bn
Investment and other income down 26% to ksh.1.2bn compared to 1.62bn
Net claims and policy holders up 7.6% to ksh.5.4bn compared to 5.04bn
Loss before tax @ksh.286.54mn
Loss after tax at ksh.335.5mn


HY 2020?

Rectified


Great!
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  |
bartum
#109 Posted : Thursday, August 13, 2020 9:04:37 AM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
Queen wrote:
Ericsson wrote:
Queen wrote:
Ericsson wrote:
Ericsson wrote:
bartum wrote:
Where is this man @pkoli, he understood cic


Half year results will be out within the next two weeks.


HY 2019 results are out.
HY 2020 compared to 2019
Gross written premiums down 3.2% to ksh.9.283bn compared to 9.594bn
Net earned premiums down 0.069% to ksh.7.106bn compared to 7.111bn
Investment and other income down 26% to ksh.1.2bn compared to 1.62bn
Net claims and policy holders up 7.6% to ksh.5.4bn compared to 5.04bn
Loss before tax @ksh.286.54mn
Loss after tax at ksh.335.5mn


HY 2020?

Rectified


Great!

What's great
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  |
VituVingiSana
#110 Posted : Thursday, August 13, 2020 11:16:24 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
bartum wrote:
Queen wrote:
Ericsson wrote:
Queen wrote:
Ericsson wrote:
Ericsson wrote:
bartum wrote:
Where is this man @pkoli, he understood cic


Half year results will be out within the next two weeks.


HY 2019 results are out.
HY 2020 compared to 2019
Gross written premiums down 3.2% to ksh.9.283bn compared to 9.594bn
Net earned premiums down 0.069% to ksh.7.106bn compared to 7.111bn
Investment and other income down 26% to ksh.1.2bn compared to 1.62bn
Net claims and policy holders up 7.6% to ksh.5.4bn compared to 5.04bn
Loss before tax @ksh.286.54mn
Loss after tax at ksh.335.5mn


HY 2020?

Rectified


Great!

What's great
The rectification
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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