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Jubilee is KING!!
VituVingiSana
#31 Posted : Thursday, February 23, 2012 11:59:47 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Gordon Gekko wrote:
@mwekez@ji, I rather hope for a bonus share rather than a special dividend. Dividends don't are not good value considering that they are wiped out as soon as they hit your account.

How are they wiped out? Does your bank erase them?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Gordon Gekko
#32 Posted : Thursday, February 23, 2012 12:03:36 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
@VVS, it is a phenomena called Marginal Propensity to Spend, which hits 100% when there is some 'loose' cash in the account.
mwekez@ji
#33 Posted : Thursday, March 29, 2012 9:38:05 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
guru267
#34 Posted : Friday, June 29, 2012 12:26:54 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Jubilee Holdings Ltd Cares for you!!

www.businessdailyafrica....60/-/1giw60/-/index.html
Mark 12:29
Deuteronomy 4:16
madebe
#35 Posted : Friday, June 29, 2012 9:48:51 AM
Rank: Member

Joined: 10/7/2010
Posts: 251
Location: nairobi
If the premium was 12.6 million and the claim paid is 30 million hiyo ni hasara.

with the death of MPs in kenya it looks like this is a loss biashara
Chaka
#36 Posted : Friday, June 29, 2012 10:14:30 AM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
Why is it that those who already have will get more..this is unfair.They should mind about the policemen and share this loot with their families?
VituVingiSana
#37 Posted : Friday, June 29, 2012 10:53:03 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Hasara!

Premiums paid to Jubilee 12.6mn
Claims paid out 30mn. Not even through half the year.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mwekez@ji
#38 Posted : Friday, June 29, 2012 11:11:20 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
What are you people talking about? Out of the over 200MPigs, how many die in a given tenor? Whats the aggregate premium they will have paid?

Jubilee made underwriting profit last year and it also enjoyed the good float. Watch them do it again and again and again
guru267
#39 Posted : Friday, June 29, 2012 11:11:29 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
Hasara!

Premiums paid to Jubilee 12.6mn
Claims paid out 30mn. Not even through the year.


How long have they been Mps??. Im sure Jubilee has been receiving saitotis premiums every year since 1970s..

The claim is much less than total accumulated premiums on the policy...

Plus with every unforeseen accidental death the premiums rise..
Mark 12:29
Deuteronomy 4:16
VituVingiSana
#40 Posted : Friday, June 29, 2012 12:05:30 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
guru267 wrote:
VituVingiSana wrote:
Hasara!

Premiums paid to Jubilee 12.6mn
Claims paid out 30mn. Not even through the year.


How long have they been Mps??. Im sure Jubilee has been receiving saitotis premiums every year since 1970s.

The claim is much less than total accumulated premiums on the policy...

Plus with every unforeseen accidental death the premiums rise..

"Im sure Jubilee has been receiving saitotis premiums every year since 1970s"
OK, who am I to disbelieve you...
1) This payment was coz he was an MP not a personal cover. So explain this:
Why would GoK pay premiums for saitoti even when he was NOT an MPig?
2) Has Jubilee been the (only) Life Assurance provider for MPigs since the 1970s?
3) An opinion is not a fact even if "Im sure"
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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