wazua Wed, Mar 18, 2026
Welcome Guest Search | Active Topics | Log In

18 Pages«<1011121314>»
JUBILEE HOLDINGS
Options
Previous Topic · Next Topic
Ericsson
#111 Posted : Thursday, October 21, 2021 8:04:49 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
My 2 cents wrote:
Ericsson wrote:
My 2 cents wrote:
How do you know? Just answer in a straight forward manner.


Check the annual report of list of shareholders.
Check the latest and previous.
This is in their website

Great
2% but GoK has 60%. I hope JHL can buy 26% and get some board seats but GoK still calls the shots.

Board seats they need minimum 10%.
Do you have any source to back up that 10% can get them a board seat?

I know you said "minimum" but that means little in this context since GoK clearly has 50%+


If they want a bigger stake they could explore the other reinsurers such as Continental Re Kenya.
Britam years back expressed intention but little information is available on what happened.

https://www.businessdail...in-nigerian-firm-2055952
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
VituVingiSana
#112 Posted : Thursday, October 21, 2021 9:53:38 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,344
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
My 2 cents wrote:
Ericsson wrote:
My 2 cents wrote:
How do you know? Just answer in a straight forward manner.


Check the annual report of list of shareholders.
Check the latest and previous.
This is in their website

Great
2% but GoK has 60%. I hope JHL can buy 26% and get some board seats but GoK still calls the shots.

Board seats they need minimum 10%.
Do you have any source to back up that 10% can get them a board seat?

I know you said "minimum" but that means little in this context since GoK clearly has 50%+


If they want a bigger stake they could explore the other reinsurers such as Continental Re Kenya.
Britam years back expressed intention but little information is available on what happened.

https://www.businessdail...n-nigerian-firm-2055952

What's the connection between Continental Re and Kenya Re?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Ericsson
#113 Posted : Thursday, October 21, 2021 10:09:35 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
My 2 cents wrote:
Ericsson wrote:
My 2 cents wrote:
How do you know? Just answer in a straight forward manner.


Check the annual report of list of shareholders.
Check the latest and previous.
This is in their website

Great
2% but GoK has 60%. I hope JHL can buy 26% and get some board seats but GoK still calls the shots.

Board seats they need minimum 10%.
Do you have any source to back up that 10% can get them a board seat?

I know you said "minimum" but that means little in this context since GoK clearly has 50%+


If they want a bigger stake they could explore the other reinsurers such as Continental Re Kenya.
Britam years back expressed intention but little information is available on what happened.

https://www.businessdail...n-nigerian-firm-2055952

What's the connection between Continental Re and Kenya Re?


If they want a bigger stake in a reinsurance firm and don't want a firm where Gok has control/calls the shots.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
VituVingiSana
#114 Posted : Thursday, October 21, 2021 10:41:08 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,344
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
My 2 cents wrote:
Ericsson wrote:
My 2 cents wrote:
How do you know? Just answer in a straight forward manner.


Check the annual report of list of shareholders.
Check the latest and previous.
This is in their website

Great
2% but GoK has 60%. I hope JHL can buy 26% and get some board seats but GoK still calls the shots.

Board seats they need minimum 10%.
Do you have any source to back up that 10% can get them a board seat?

I know you said "minimum" but that means little in this context since GoK clearly has 50%+


If they want a bigger stake they could explore the other reinsurers such as Continental Re Kenya.
Britam years back expressed intention but little information is available on what happened.

https://www.businessdail...n-nigerian-firm-2055952

What's the connection between Continental Re and Kenya Re?


If they want a bigger stake in a reinsurance firm and don't want a firm where Gok has control/calls the shots.
Isn't the point of investing to buy cheap and unlock value?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Ericsson
#115 Posted : Thursday, October 21, 2021 10:59:27 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
My 2 cents wrote:
Ericsson wrote:
My 2 cents wrote:
How do you know? Just answer in a straight forward manner.


Check the annual report of list of shareholders.
Check the latest and previous.
This is in their website

Great
2% but GoK has 60%. I hope JHL can buy 26% and get some board seats but GoK still calls the shots.

Board seats they need minimum 10%.
Do you have any source to back up that 10% can get them a board seat?

I know you said "minimum" but that means little in this context since GoK clearly has 50%+


If they want a bigger stake they could explore the other reinsurers such as Continental Re Kenya.
Britam years back expressed intention but little information is available on what happened.

https://www.businessdail...n-nigerian-firm-2055952

What's the connection between Continental Re and Kenya Re?


If they want a bigger stake in a reinsurance firm and don't want a firm where Gok has control/calls the shots.
Isn't the point of investing to buy cheap and unlock value?


Yes,
You can also buy and have synergy with it for example directing their reinsurance business through a company they have a stake in to lock in the money or profits
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
VituVingiSana
#116 Posted : Thursday, October 21, 2021 1:22:14 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,344
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
My 2 cents wrote:
Ericsson wrote:
My 2 cents wrote:
How do you know? Just answer in a straight forward manner.


Check the annual report of list of shareholders.
Check the latest and previous.
This is in their website

Great
2% but GoK has 60%. I hope JHL can buy 26% and get some board seats but GoK still calls the shots.

Board seats they need minimum 10%.
Do you have any source to back up that 10% can get them a board seat?

I know you said "minimum" but that means little in this context since GoK clearly has 50%+


If they want a bigger stake they could explore the other reinsurers such as Continental Re Kenya.
Britam years back expressed intention but little information is available on what happened.

https://www.businessdail...n-nigerian-firm-2055952

What's the connection between Continental Re and Kenya Re?


If they want a bigger stake in a reinsurance firm and don't want a firm where Gok has control/calls the shots.
Isn't the point of investing to buy cheap and unlock value?


Yes,
You can also buy and have synergy with it for example directing their reinsurance business through a company they have a stake in to lock in the money or profits
That would simply be concentrating their risk that they would to reinsure. Why not keep buying Kenya Re which is cheap on a NAV basis vs paying full price for Continental Re?

Doesn't Jubilee have the option of not reinsuring with anyone (except for Kenya Re) if it wants to retain more of the premiums?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Ericsson
#117 Posted : Thursday, October 21, 2021 6:52:02 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
My 2 cents wrote:
Ericsson wrote:
My 2 cents wrote:
How do you know? Just answer in a straight forward manner.


Check the annual report of list of shareholders.
Check the latest and previous.
This is in their website

Great
2% but GoK has 60%. I hope JHL can buy 26% and get some board seats but GoK still calls the shots.

Board seats they need minimum 10%.
Do you have any source to back up that 10% can get them a board seat?

I know you said "minimum" but that means little in this context since GoK clearly has 50%+


If they want a bigger stake they could explore the other reinsurers such as Continental Re Kenya.
Britam years back expressed intention but little information is available on what happened.

https://www.businessdail...n-nigerian-firm-2055952

What's the connection between Continental Re and Kenya Re?


If they want a bigger stake in a reinsurance firm and don't want a firm where Gok has control/calls the shots.
Isn't the point of investing to buy cheap and unlock value?


Yes,
You can also buy and have synergy with it for example directing their reinsurance business through a company they have a stake in to lock in the money or profits
That would simply be concentrating their risk that they would to reinsure. Why not keep buying Kenya Re which is cheap on a NAV basis vs paying full price for Continental Re?

Doesn't Jubilee have the option of not reinsuring with anyone (except for Kenya Re) if it wants to retain more of the premiums?


No they don't.
There are some business because of their value/worth a portion of it you have to reinsure with two or more reinsurers.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
VituVingiSana
#118 Posted : Thursday, October 21, 2021 10:27:27 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,344
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
My 2 cents wrote:
Ericsson wrote:
My 2 cents wrote:
How do you know? Just answer in a straight forward manner.


Check the annual report of list of shareholders.
Check the latest and previous.
This is in their website

Great
2% but GoK has 60%. I hope JHL can buy 26% and get some board seats but GoK still calls the shots.

Board seats they need minimum 10%.
Do you have any source to back up that 10% can get them a board seat?

I know you said "minimum" but that means little in this context since GoK clearly has 50%+


If they want a bigger stake they could explore the other reinsurers such as Continental Re Kenya.
Britam years back expressed intention but little information is available on what happened.

https://www.businessdail...n-nigerian-firm-2055952

What's the connection between Continental Re and Kenya Re?


If they want a bigger stake in a reinsurance firm and don't want a firm where Gok has control/calls the shots.
Isn't the point of investing to buy cheap and unlock value?


Yes,
You can also buy and have synergy with it for example directing their reinsurance business through a company they have a stake in to lock in the money or profits
That would simply be concentrating their risk that they would to reinsure. Why not keep buying Kenya Re which is cheap on a NAV basis vs paying full price for Continental Re?

Doesn't Jubilee have the option of not reinsuring with anyone (except for Kenya Re) if it wants to retain more of the premiums?


No they don't.
There are some business because of their value/worth a portion of it you have to reinsure with two or more reinsurers.
Jubilee isn't in charge of "General Business" (51% in Kenya sold to Allianz). The Life and Medical to be reinsured can easily be shared between Kenya Re and Allianz.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Ericsson
#119 Posted : Thursday, October 21, 2021 11:08:06 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
My 2 cents wrote:
Ericsson wrote:
My 2 cents wrote:
How do you know? Just answer in a straight forward manner.


Check the annual report of list of shareholders.
Check the latest and previous.
This is in their website

Great
2% but GoK has 60%. I hope JHL can buy 26% and get some board seats but GoK still calls the shots.

Board seats they need minimum 10%.
Do you have any source to back up that 10% can get them a board seat?

I know you said "minimum" but that means little in this context since GoK clearly has 50%+


If they want a bigger stake they could explore the other reinsurers such as Continental Re Kenya.
Britam years back expressed intention but little information is available on what happened.

https://www.businessdail...n-nigerian-firm-2055952

What's the connection between Continental Re and Kenya Re?


If they want a bigger stake in a reinsurance firm and don't want a firm where Gok has control/calls the shots.
Isn't the point of investing to buy cheap and unlock value?


Yes,
You can also buy and have synergy with it for example directing their reinsurance business through a company they have a stake in to lock in the money or profits
That would simply be concentrating their risk that they would to reinsure. Why not keep buying Kenya Re which is cheap on a NAV basis vs paying full price for Continental Re?

Doesn't Jubilee have the option of not reinsuring with anyone (except for Kenya Re) if it wants to retain more of the premiums?


No they don't.
There are some business because of their value/worth a portion of it you have to reinsure with two or more reinsurers.
Jubilee isn't in charge of "General Business" (51% in Kenya sold to Allianz). The Life and Medical to be reinsured can easily be shared between Kenya Re and Allianz.


Not that easily as you have mentioned.
Allianz Kenya is an insurance company,so how does it reinsure
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
VituVingiSana
#120 Posted : Friday, October 22, 2021 4:27:08 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,344
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
My 2 cents wrote:
Ericsson wrote:
My 2 cents wrote:
How do you know? Just answer in a straight forward manner.


Check the annual report of list of shareholders.
Check the latest and previous.
This is in their website

Great
2% but GoK has 60%. I hope JHL can buy 26% and get some board seats but GoK still calls the shots.

Board seats they need minimum 10%.
Do you have any source to back up that 10% can get them a board seat?

I know you said "minimum" but that means little in this context since GoK clearly has 50%+


If they want a bigger stake they could explore the other reinsurers such as Continental Re Kenya.
Britam years back expressed intention but little information is available on what happened.

https://www.businessdail...n-nigerian-firm-2055952

What's the connection between Continental Re and Kenya Re?


If they want a bigger stake in a reinsurance firm and don't want a firm where Gok has control/calls the shots.
Isn't the point of investing to buy cheap and unlock value?


Yes,
You can also buy and have synergy with it for example directing their reinsurance business through a company they have a stake in to lock in the money or profits
That would simply be concentrating their risk that they would to reinsure. Why not keep buying Kenya Re which is cheap on a NAV basis vs paying full price for Continental Re?

Doesn't Jubilee have the option of not reinsuring with anyone (except for Kenya Re) if it wants to retain more of the premiums?


No they don't.
There are some business because of their value/worth a portion of it you have to reinsure with two or more reinsurers.
Jubilee isn't in charge of "General Business" (51% in Kenya sold to Allianz). The Life and Medical to be reinsured can easily be shared between Kenya Re and Allianz.


Not that easily as you have mentioned.
Allianz Kenya is an insurance company,so how does it reinsure
Yes, it is that easy. It's not rocket science.

Who said Jubilee should reinsure with Allianz KE?
Allianz (the partner and fellow shareholder) is a HUGE firm with a reinsurance arm https://www.allianzre.com/en_GB.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
18 Pages«<1011121314>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.