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Blue Shield Insurance
maka
#1 Posted : Friday, September 16, 2011 3:29:10 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Another Insurance company collapses...So sad.
possunt quia posse videntur
Mainat
#2 Posted : Friday, September 16, 2011 3:47:14 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Surprised they can let a mzee's business go under...
Sehemu ndio nyumba
Hunderwear
#3 Posted : Friday, September 16, 2011 4:10:32 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
maka wrote:
Another Insurance company collapses...So sad.

>what?weka link!
Hunderwear
#4 Posted : Friday, September 16, 2011 4:20:19 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
maka wrote:
Another Insurance company collapses...So sad.

>what?weka link!
Ericsson
#5 Posted : Friday, September 16, 2011 4:27:14 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
businessdailyafrica.com
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Elder
#6 Posted : Friday, September 16, 2011 4:30:43 PM
Rank: Elder

Joined: 9/7/2010
Posts: 2,148
Location: elderville
Mainat wrote:
Surprised they can let a mzee's business go under...

Been long time coming. Most of the assets had conveniently moved elsewhere leaving the core business to flounder.
He who can express in words the ardour of his love, has but little love to express. - Petrach, Son. (That men by various ways arrive at the same end. - Montaigne, The Essays of.)
maka
#7 Posted : Friday, September 16, 2011 4:32:49 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Hunderwear wrote:
maka wrote:
Another Insurance company collapses...So sad.

>what?weka link!


http://www.businessdaily...8/-/1b1a5lz/-/index.html
possunt quia posse videntur
Intelligentsia
#8 Posted : Friday, September 16, 2011 4:42:22 PM
Rank: Elder

Joined: 10/1/2009
Posts: 2,436
Am surprised it tottered on the brink that long when it was a badly kept industry secret that it was facing serious liquidity issues. Underwriting PSV in kenya is so fraught with fraud risk that it is to all intents and purposes, a poisoned chalice.
Impunity
#9 Posted : Friday, September 16, 2011 5:04:27 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Now who will shield our ma3 biznas?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Elder
#10 Posted : Friday, September 16, 2011 5:08:50 PM
Rank: Elder

Joined: 9/7/2010
Posts: 2,148
Location: elderville
Impunity wrote:
Now who will shield our ma3 biznas?

AMACO
He who can express in words the ardour of his love, has but little love to express. - Petrach, Son. (That men by various ways arrive at the same end. - Montaigne, The Essays of.)
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