Jubilee Insurance Makes Over 4Million Profit

Photo: Jubilee Insurance chairman Nizar

According to a report by the standard on 21st March the Jubilee insurance company made a profit of over 4 billion.

However, Jubilee holdings insurance manager expressed dissapointment after they registered a slight decrease in the profit margin from the past financial year.

In the financial year of 2018 to 2019 they recorded a profit of Ksh 4.13 billion against the latest profit of Ksh 4.02 billion.

The chairman Nizar said that they had lower insurance results of Sh2.63 billion compared to Sh2.89 billion in 2018 and this can be attributed to a lower share of profit among the investors in the Jubilee company.

The company registered a growth in the company assets by 14 per cent to Sh130.08 billion from Sh114.19 billion, as the company sharebeares equity grew up to Ksh 28.25 billion.

The Jubilee insurer registered overall growth to Sh11.48 billion, but with a disappointment underwriting loss of Sh480 million.

Comments

MASENO UNIVERSITY GRADUATION IN DETAIL

Maseno the only university along the Equator held its 17th graduation today. 3000 graduates celebrated the fruits of their labour .During the occasion students graduated from various schools including ;School of agriculture and food security, school of arts and social sciences ,school of development and strategic studies ,school of communication and media studies. The vice Chancellor Dr Julius Nyabundi confessed that the University has made various steps in development. He acknowledged that indeed Maseno is a world class university. He said that,"during my tenure we have constructed a road from the market to Siriba that was in the past impassable. " He praised Maseno for offering all courses with IT. google.com, pub-7119496584256953, DIRECT, f08c47fec0942fa0 Michael Joseph the University Chancellor graced the occasion by empowering the graduates. The event was awesome. ...

Revealed!! The Man Behind CAS Mercy Mwangangi's Smile

[Photo: Mercy Mwangangi at a meeting] The Chief Assistant Secretary came to limelight after she was appointed by the president Uhuru Muigai Kenyatta. The beautiful lady has been praised by many people because of her eloquence and successful lifestyle. Dr Mercy Mwangangi was educated by his father. His father has stood by her side always. The CAS draws moral support and encouragement from his father. [Photo: Dr Mercy Mwangangi] Unlike other men who are absent from their families, her Dad was always there for their family. Mercy Mwangangi who is older than her sibling by 10 years is an inspiration to many young people who could like to climb up the ladder in the medical field. google.com, pub-7119496584256953, DIRECT, f08c47fec0942fa0 Mercy Mwangangi has maintained integrity and personal discipline. Unlike other female celebrities who have been in the spotlight over immorality she has maintained her dignity. Dr Mercy Mwangangi has been silent about who will be her future husband. She mai...

Video: Sonko Leaks A Video On Raila's Health

Click the link below to view https://stateupdate.co.ke/video-sonko-leaks-the-truth-about-railas-health/ ps://stateupdate.co.ke/video-sonko-leaks-the-truth-about-railas-health/

NEWS STANDARD

Search This Blog