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BRITAM 2019
Ericsson
#1 Posted : Friday, August 23, 2019 3:51:53 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
Half Year Results are out
The Group has reported a profit before tax of Shs 2.4 billion a growth of 78 percent from Shs 1.4 billion in June 2018"

"International insurance business from across the region contributed 19% of the Group’s insurance revenue and has contributed profitably to the Group"

"Britam's Asset Management business has grown its Assets Under Management (AUM) to 172.7 Billion a 23% increase from 2018" -
Total Group Assets at ksh.113.8bn at June 30 2019 compared to 112.4bn in June 2018

"Total group assets amounting to Kes 113.8 Bn saw a 46% allocation on fixed income"

https://pbs.twimg.com/me...ormat=png&name=small
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#2 Posted : Friday, August 23, 2019 5:23:56 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
Key items that contributed to growth in profitability
Net unrealised fair value gains on financial assets at fair value through profit or loss went up.
Change in actuarial value of policy holder benefits went down.
Finance costs went down
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#3 Posted : Wednesday, October 02, 2019 9:50:15 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,038
Location: Nairobi
Mauritius keeps Sh58m Britam shares seized in Ponzi scandal
https://www.businessdail...294944-lejv3y/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#4 Posted : Saturday, October 19, 2019 1:30:12 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,038
Location: Nairobi
Britam General Insurance chief executive quits
https://www.businessdail...14616-lsp0hqz/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
jmbada
#5 Posted : Sunday, October 20, 2019 7:37:57 AM
Rank: Member


Joined: 1/1/2011
Posts: 396
[quote=VituVingiSana]Britam General Insurance chief executive quits
https://www.businessdail...4616-lsp0hqz/index.html[/quote]
Hmmm. What's going on in Insurance Company C-Suites?
Ericsson
#6 Posted : Sunday, October 20, 2019 6:21:51 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
jmbada wrote:
[quote=VituVingiSana]Britam General Insurance chief executive quits
https://www.businessdail...4616-lsp0hqz/index.html[/quote]
Hmmm. What's going on in Insurance Company C-Suites?


Performance below set targets
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mulla
#7 Posted : Saturday, November 16, 2019 11:23:27 AM
Rank: Member


Joined: 6/15/2013
Posts: 301
anyone noticed the high volume action in Britam in the last few days?
Might it be a good time to jump in or leverage down?
cyruskulei
#8 Posted : Thursday, June 11, 2020 2:44:05 PM
Rank: Member


Joined: 3/9/2010
Posts: 320
Location: kenya
Today britam has traded volumes with no supply.

Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.

Ericsson
#9 Posted : Tuesday, June 30, 2020 6:47:46 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
https://www.businessdail...5132-lv9txwz/index.html

There's a time I contacted them.
They responded they don't do retail.
How times change
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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