@Ericsson truer words are yet to be written. Kenya Re has it good for now since the law calls for a mandatory re-insure on collected premiums. That institution doesn't generate any ideas, it's like a tax agency in my view.. I held the share for over 5 years and indeed it gave dividend plus gain in share price, but they are not aggressive enough to create meaningful income generation to anyone's stock portfolio

The mandatory re-insure is 20% but kenya re controls about 40% of the total insurance mkt.
This means insurance companies have confidence in it that's why they give them thr extra 20%.

I wonder if the same model can be done on the domestic air route to eliminate kq monopoly

@Obiero
Emirates and Qatar airways were denied licences for the Nairobi-Mombasa route coz it will lead to death of kq domestically on that route.
Imagine if the two had licenses and were operating over the festive season.
With the treatment passengers received from Jambo jet a subsidiary of kq such news would have been unheard of.
I am yet to hear any of the local insurance companies issue complaint about kenya re.

Why does KQ keep on showing up on Ken Re thread?

Imagine that is sad

Hongera to the investors who caught this one on the low..

Some of us were insulted for buying/holding KenRe but eventually quality/cream rises to the top. Profits, per the MD, are expected to be +17% over 2015.

In view of new business and high T-Bill and T-Bonds we can expect 2017>2016 caveat emptor with tube elections.

Amen.

Significant supply at 25

Now at 21. Kenre goes to Nepal and reinsures over 10 companies in the same market against earthquakes! BOOM an earthquake happened and KES 450m needs to be paid up. Intelligent management??