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Jubilee Insurance FY17
Pesa Nane
#1 Posted : Saturday, April 14, 2018 12:24:39 AM
Rank: Elder


Joined: 5/25/2012
Posts: 3,914
Location: 08c

Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#2 Posted : Saturday, April 14, 2018 12:27:30 AM
Rank: Elder


Joined: 5/25/2012
Posts: 3,914
Location: 08c
Quote:
Dividend
The Directors recommend, for approval at the next Annual General Meeting, the payment of a final dividend of Kshs. 8.00 per share, subject to
withholding tax where applicable making a total dividend for the year of Kshs. 9.00 per share or 180% (2016:170%). The dividend will be
paid on or about 25th July 2018 to members on the Register of Members at the close of business on 31st May 2018, subject to approval at the
Annual General Meeting.
Pesa Nane plans to be shilingi when he grows up.
obiero
#3 Posted : Saturday, April 14, 2018 7:22:32 AM
Rank: Elder


Joined: 6/23/2009
Posts: 10,415
Location: nairobi
Pesa Nane wrote:


A solid company
COOP 5,500; KCB 2,500; KQ 95,000
Ericsson
#4 Posted : Sunday, April 15, 2018 11:58:49 PM
Rank: Elder


Joined: 12/4/2009
Posts: 5,511
Location: NAIROBI
obiero wrote:
Pesa Nane wrote:


A solid company

Makes the other listed insurance companies look like they don't know what they are doing.
Ericsson
#5 Posted : Tuesday, April 17, 2018 9:45:06 AM
Rank: Elder


Joined: 12/4/2009
Posts: 5,511
Location: NAIROBI
obiero wrote:
Pesa Nane wrote:


A solid company


Can Britam catch up?
obiero
#6 Posted : Tuesday, April 17, 2018 10:46:00 AM
Rank: Elder


Joined: 6/23/2009
Posts: 10,415
Location: nairobi
Ericsson wrote:
obiero wrote:
Pesa Nane wrote:


A solid company


Can Britam catch up?

Its unlikely, but not impossible
COOP 5,500; KCB 2,500; KQ 95,000
Ericsson
#7 Posted : Tuesday, April 17, 2018 10:58:09 AM
Rank: Elder


Joined: 12/4/2009
Posts: 5,511
Location: NAIROBI
obiero wrote:
Ericsson wrote:
obiero wrote:
Pesa Nane wrote:


A solid company


Can Britam catch up?

Its unlikely, but not impossible


Very solid results;first insurance company in kenya to cross the sh.100bn mark in assets and profits of ksh.5bn
Ericsson
#8 Posted : Saturday, May 12, 2018 9:46:02 AM
Rank: Elder


Joined: 12/4/2009
Posts: 5,511
Location: NAIROBI
Julius Kipngetich says he wants to make Jubilee top 5 insurance companies in Africa in the next 5 years.
Ericsson
#9 Posted : Saturday, May 12, 2018 9:56:27 AM
Rank: Elder


Joined: 12/4/2009
Posts: 5,511
Location: NAIROBI
In each country of operation they aim to be in number 1 or 2.
He intends to change model of going more retail while maintaining the corporate business
Though they lost safaricom medical insurance due to poor service
sparkly
#10 Posted : Saturday, May 12, 2018 10:44:26 AM
Rank: Elder


Joined: 9/23/2009
Posts: 6,337
Location: Enk are Nyirobi
Ericsson wrote:
Julius Kipngetich says he wants to make Jubilee top 5 insurance companies in Africa in the next 5 years.


What position is it now?
Life is short. Live passionately.
VituVingiSana
#11 Posted : Friday, June 01, 2018 9:44:05 AM
Rank: Chief


Joined: 1/3/2007
Posts: 14,718
Location: Nairobi
A solid, high quality, well-run firm.
Investing another $44mn into Bujagali Dam
https://www.businessdail...89628-4t20u3/index.html

It may have up and down years but on average it does quite well...

Jubileeā€™s Julie takes your e-queries
https://www.businessdail...0198-12mfmi4z/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Balaa
#12 Posted : Monday, August 13, 2018 9:46:32 PM
Rank: Hello


Joined: 7/6/2018
Posts: 8
Location: Kinshasa
Ericsson wrote:
[quote=obiero][quote=Pesa Nane]
Makes the other listed insurance companies look like they don't know what they are doing.
d'oh!

Yeah, may be because they partially honour their obligations. Friend of mine got charged 8K more for a tyre replacement for his 50% share of contribution. Kwa Jubilee receiving premium ni arusi lakini kulipa ni matanga. Their customer service sucks.
Ericsson
#13 Posted : Monday, August 13, 2018 9:51:16 PM
Rank: Elder


Joined: 12/4/2009
Posts: 5,511
Location: NAIROBI
Balaa wrote:
Ericsson wrote:
[quote=obiero][quote=Pesa Nane]
Makes the other listed insurance companies look like they don't know what they are doing.
d'oh!

Yeah, may be because they partially honour their obligations. Friend of mine got charged 8K more for a tyre replacement for his 50% share of contribution. Kwa Jubilee receiving premium ni arusi lakini kulipa ni matanga. Their customer service sucks.


Motor vehicle insurance CIC is better and currently the leader in that segment
peep
#14 Posted : Monday, August 13, 2018 9:53:58 PM
Rank: Member


Joined: 3/30/2009
Posts: 42
Balaa wrote:
Ericsson wrote:
[quote=obiero][quote=Pesa Nane]
Makes the other listed insurance companies look like they don't know what they are doing.
d'oh!

Yeah, may be because they partially honour their obligations. Friend of mine got charged 8K more for a tyre replacement for his 50% share of contribution. Kwa Jubilee receiving premium ni arusi lakini kulipa ni matanga. Their customer service sucks.


We're investors, not customers.
Balaa
#15 Posted : Monday, August 13, 2018 10:04:01 PM
Rank: Hello


Joined: 7/6/2018
Posts: 8
Location: Kinshasa
On the contrary, we are both.

Thx for the tip Ericsson; as a customer I avoid Jubilee like the plague. Will for sure check out CIC for my next renewal.
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