NAIROBI, Kenya, Jan 21 – Liberty Kenya Holdings Wednesday issued a profit warning for the financial results ended 31 December 2021 anticipating at least 25 percent drop in profits attributed to the impact of COVID-19 on its businesses. In a statement shared to shareholders, the insurance firm reported that it had significantly higher risk claims […]
Guests follow proceedings during the launch of a pension product by an insurance firm in Nairobi. FILE PHOTO | NMG Liberty Kenya Holdings has issued a profit warning for the year ended December 2021, citing the impact of the Covid-19 pandemic. The Nairobi Securities Exchange-listed firm said its profit for the year is likely to […]
Nairobi — Liberty Kenya Holdings Wednesday issued a profit warning for the financial results ended 31 December 2021 anticipating at least 25 percent drop in profits attributed to the impact of COVID-19 on its businesses. In a statement shared to shareholders, the insurance firm reported that it had significantly higher risk claims in 2021 which […]
Liberty Life Assurance Managing Director Abel Munda PHOTO | COURTESY South African domiciled Pan-African underwriter Liberty Holdings Limited has raised its stake in Liberty Kenya Holdings Plc to 73.5 per cent. This follows the subscription of an additional 84.2 million shares in the unit via a private transfer to raise its stake from a lower […]
File Photo of Kenyatta National Hospital (KNH). At the same time, the underwriters have been hit by greater benefits from policyholders as the two factors combine to eat into the insurers’ earnings pie in the period. An analysis of publicly listed insurance financials through the half year stage by Citizen Digital captures the rising claims […]
File Photo of Kenyatta National Hospital (KNH). At the same time, the underwriters have been hit by greater benefits from policyholders as the two factors combine to eat into the insurers’ earnings pie in the period. An analysis of publicly listed insurance financials through the half year stage by Citizen Digital captures the rising claims […]
The firm will spend Sh100mn in expansion/CFM NAIROBI, Kenya, June 6 – Paint and coating solutions company Crown Paints has received an approval by Capital Markets Authority to extend time to file its audited financial statements for the year ended December 31 2019. The listed paint maker in a statement said it missed the May […]
Nairobi — Debt-ridden East African Cables has announced that there will be a delay in the publishing of the audited financial statement for the year ending December 31, 2019. In a statement, the Group’s Company Secretary Virginia Ndunge said the firm has already obtained approval from the Capital Markets Authority granting it the extension. Ndunge […]
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