To all Kenya re shareholders...

In H2 2009 Kenya re paid a claim of 400million to Post Election Violence victims and this contributed greatly to the drop in profits...

Such a claim is not expected in 2010 so profits will definitely be up this year...

BUT CAVEAT EMPTOR THAT WILL ONLY BE THIS YEAR!!!!!

i thought with this company venturing into mortgage will wake up from the slumber,but we are asleep as a dodo,when will they have a new CEO?

@MALI...THE MANDATORY CESSION TO KENYA RE WERE REVIEWED TO EXPIRE IN NOVEMBER 2015. A correcion though, the compulsory cession only relates to Reinsurance Treaties that your insurance companies buy to protect themselves (known as REINSURANCE)

I think your definitely wrong. i mean, on the NSE, this is the cheapest stock fundamentally and also as a business, it has enormous value. For the past 5 years, its has had an average underwriting margin of 3% and investment income in the last 3 years has averaged 1,040,091,626.
Net premiums have averaged 2,900,000,000. So basing on that, its a good float generator and currently float stands at about 10,000,000,000/-. so thats a good thing. With a price to book ratio of 0.6. I guess it would be a good buy. So load some more.

KenyaRe is the best priced stock in the NSE according to me. Investors just do not respect it at all. It reminds me of Jubilee which is a neglected beauty. Buy is my recommendation for KenyaRe even if on purely technical reasons (at 11.50).