Jubilee Insurance

26 Articles
Allianz completes final acquisition of majority stake in Jubilee’s general insurance business in East Africa
BUSINESS

Allianz Takes Control Of Jubilee’s General Insurance Business In East Africa

Underwriter Allianz has taken control of Jubilee Insurance Mauritius Limited after purchasing 66% of shares in the company (equivalent to 3,554,275 ordinary shares)....

Jubilee Holdings Profit by Nizar Juma
BUSINESS

General Business Unit Sale Lifts Jubilee Holdings Profit To Sh4.5B

This strong performance is attributed to Jubilee’s diversified business and investment portfolio that cushioned it against Covid-19 pandemic effects. Profit after tax stood...

LEADERSHIP

Top Kenyan Jubilee Insurance Managers Fired As New Owner Takes Charge

Allianz Africa has made leadership changes at its newly acquired entities in Kenya and Senegal. In Kenya, Allianz has fired top Jubilee Insurance...

Allianz acquires Jubilee Insurance
BUSINESSMARKETS

Jubilee Insurance Set To Change Name After Acquisition By Allianz

The acquisition, announced on 4th May 2021, follows the execution of an agreement signed on September 29, 2020, whereby Allianz agreed to acquire...

Jubilee Holdings Limited (JHL) demonstrated resilience by absorbing the shocks of the global COVID-19 pandemic during 2020
BUSINESSMARKETS

Jubilee Holdings Declares Dividend of Ksh9 Per Share After Resilient 2020 Performance

Jubilee Holdings Regional CEO Dr. Julius Kipng’etich noted that the outbreak of the COVID-19 pandemic posed great challenges to the carrying out of...

bank of kigali shares on NSE
STOCKS

$5.5 Million Grant Fuels Rally in Bank of Kigali Shares

Bank of Kigali shares on NSE had 9.9 million trades in 1,015 deals, corresponding to a market value of Ksh237.4 million.

JUbilee Insurance Allianz merger
STOCKS

Jubilee Insurance Deal With Allianz Triggers Investor Interest

Jubilee ' insurance business remains healthy with general business accounting for 28% of the group’s gross written premiums.

FEATURED STORY

Jubilee Insurance Sells Off General Business in 5 Countries For Sh11bn

The global company has acquired a majority stake in JHL's general insurance business, also known as the property & casualty insurance segment

CIC Group celebrate their Group Life Company of the Year Award. www.businesstoday.co.ke
FEATURED STORY

Agents Who Make Millions For Their Companies, Top Insurers Feted

The insurance industry in Kenya on Sunday converged to celebrate the big performers for the period 1st January to 31st December 2019.