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mwenza		#221 Posted : Thursday, October 30, 2014 10:26:29 AM
Rank: Elder Joined: 4/22/2009 Posts: 2,863		mlennyma wrote: Liberty doesn't appear anywhere,my bet for now CIC featuring prominently albeit negatively.... IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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nzomah1		#222 Posted : Thursday, October 30, 2014 10:52:12 AM
Rank: New-farer Joined: 10/24/2014 Posts: 14		is CIC still a hot stocks pick considering the 100M loss from the health insurance department?
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Forester		#223 Posted : Thursday, October 30, 2014 1:15:36 PM
Rank: Member Joined: 12/7/2010 Posts: 520 Location: Epicentre - Ngamia 1		nzomah1 wrote: is CIC still a hot stocks pick considering the 100M loss from the health insurance department? Soma gazeti vizuri!!! Build your own dreams, or someone else will hire you to build theirs - Farrah Gray.
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jerry		#224 Posted : Thursday, October 30, 2014 3:01:26 PM
Rank: Elder Joined: 9/29/2006 Posts: 2,570		Forester wrote: nzomah1 wrote: is CIC still a hot stocks pick considering the 100M loss from the health insurance department? Soma gazeti vizuri!!! 75.8 Million? http://www.businessdaily...-/15ipcubz/-/index.html The opposite of courage is not cowardice, it's conformity.
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edwinmukiri		#225 Posted : Thursday, October 30, 2014 7:33:04 PM
Rank: New-farer Joined: 8/11/2014 Posts: 72 Location: Nairobi		How can you rate Kenya Re based on its current and past performance?? Bulls make money,bears make money and pigs get slaughtered.
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murchr		#226 Posted : Thursday, March 12, 2015 10:57:39 PM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		IRA Report 2014 wrote: Industry premiums The industry’s insurance premiums grew by 20.4% during the year 2014. The annual premiums stood at KES 157.78 billion growing from KES 131.0 billion. The premium income reported under life insurance business amounted to KES 56.48 billion while general business premiums were KES 101.30 billion. The Kenyan insurance industry continues to be non-life business driven. The reinsurance companies reported KES 16.37 billion in premiums. These had grown by 31.6% from KES 12.45 billion reported in 2013. The claims incurred under general insurance business were KES 41.89 billion by the end of 2014 increasing by 25.3% from KES 33.44 billion recorded in year 2013. The commissions paid by the insurers during the year amounted to KES 9.26 billion compared to KES 7.44 billion reported during the previous year. Management expenses amounted to KES 30.42 billion compared to KES 24.37 billion reported in 2013, an increase of 24.8%. As at 31st December 2014, the shareholders’ funds amounted to KES 122.54 billion representing a growth of24.8% from KES 98.21 billion as at the end of 2013. Source: Press Here "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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guru267		#227 Posted : Friday, March 13, 2015 4:18:28 AM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		murchr wrote: IRA Report 2014 wrote: Industry premiums The industry’s insurance premiums grew by 20.4% during the year 2014. The annual premiums stood at KES 157.78 billion growing from KES 131.0 billion. The premium income reported under life insurance business amounted to KES 56.48 billion while general business premiums were KES 101.30 billion. The Kenyan insurance industry continues to be non-life business driven. The reinsurance companies reported KES 16.37 billion in premiums. These had grown by 31.6% from KES 12.45 billion reported in 2013. The claims incurred under general insurance business were KES 41.89 billion by the end of 2014 increasing by 25.3% from KES 33.44 billion recorded in year 2013. The commissions paid by the insurers during the year amounted to KES 9.26 billion compared to KES 7.44 billion reported during the previous year. Management expenses amounted to KES 30.42 billion compared to KES 24.37 billion reported in 2013, an increase of 24.8%. As at 31st December 2014, the shareholders’ funds amounted to KES 122.54 billion representing a growth of24.8% from KES 98.21 billion as at the end of 2013. Source: Press Here Another good year Mark 12:29 Deuteronomy 4:16
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Pesa Nane		#228 Posted : Friday, March 13, 2015 8:01:34 AM
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c		guru267 wrote: murchr wrote: IRA Report 2014 wrote: Industry premiums The industry’s insurance premiums grew by 20.4% during the year 2014. The annual premiums stood at KES 157.78 billion growing from KES 131.0 billion. The premium income reported under life insurance business amounted to KES 56.48 billion while general business premiums were KES 101.30 billion. The Kenyan insurance industry continues to be non-life business driven. The reinsurance companies reported KES 16.37 billion in premiums. These had grown by 31.6% from KES 12.45 billion reported in 2013. The claims incurred under general insurance business were KES 41.89 billion by the end of 2014 increasing by 25.3% from KES 33.44 billion recorded in year 2013. The commissions paid by the insurers during the year amounted to KES 9.26 billion compared to KES 7.44 billion reported during the previous year. Management expenses amounted to KES 30.42 billion compared to KES 24.37 billion reported in 2013, an increase of 24.8%. As at 31st December 2014, the shareholders’ funds amounted to KES 122.54 billion representing a growth of24.8% from KES 98.21 billion as at the end of 2013. Source: Press Here Another good year Perhaps not for CIC and Pan Africa Pesa Nane plans to be shilingi when he grows up.
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guru267		#229 Posted : Friday, March 13, 2015 11:03:32 AM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		Pesa Nane wrote: guru267 wrote: murchr wrote: IRA Report 2014 wrote: Industry premiums The industry’s insurance premiums grew by 20.4% during the year 2014. The annual premiums stood at KES 157.78 billion growing from KES 131.0 billion. The premium income reported under life insurance business amounted to KES 56.48 billion while general business premiums were KES 101.30 billion. The Kenyan insurance industry continues to be non-life business driven. The reinsurance companies reported KES 16.37 billion in premiums. These had grown by 31.6% from KES 12.45 billion reported in 2013. The claims incurred under general insurance business were KES 41.89 billion by the end of 2014 increasing by 25.3% from KES 33.44 billion recorded in year 2013. The commissions paid by the insurers during the year amounted to KES 9.26 billion compared to KES 7.44 billion reported during the previous year. Management expenses amounted to KES 30.42 billion compared to KES 24.37 billion reported in 2013, an increase of 24.8%. As at 31st December 2014, the shareholders’ funds amounted to KES 122.54 billion representing a growth of24.8% from KES 98.21 billion as at the end of 2013. Source: Press Here Another good year Perhaps not for CIC and Pan Africa And that shows you why Kenya re does not reflect NSE gains/losses on their P&L! Mark 12:29 Deuteronomy 4:16
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Gordon Gekko		#230 Posted : Friday, March 13, 2015 5:37:40 PM
Rank: Elder Joined: 5/27/2008 Posts: 3,760		murchr wrote: IRA Report 2014 wrote: Industry premiums The industry’s insurance premiums grew by 20.4% during the year 2014. The annual premiums stood at KES 157.78 billion growing from KES 131.0 billion. The premium income reported under life insurance business amounted to KES 56.48 billion while general business premiums were KES 101.30 billion. The Kenyan insurance industry continues to be non-life business driven. The reinsurance companies reported KES 16.37 billion in premiums. These had grown by 31.6% from KES 12.45 billion reported in 2013. The claims incurred under general insurance business were KES 41.89 billion by the end of 2014 increasing by 25.3% from KES 33.44 billion recorded in year 2013. The commissions paid by the insurers during the year amounted to KES 9.26 billion compared to KES 7.44 billion reported during the previous year. Management expenses amounted to KES 30.42 billion compared to KES 24.37 billion reported in 2013, an increase of 24.8%. As at 31st December 2014, the shareholders’ funds amounted to KES 122.54 billion representing a growth of24.8% from KES 98.21 billion as at the end of 2013. Source: Press Here Report dated Feb 2014 (page 1) while discussing Jan - Dec 2014 (maybe a typo?) How come they have numbers for JHL while they've not been released? Recipe for insider trading....But if correct, they've done worse. 2013 PAT was 2,502,817, 2014 is 1,651,241.
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