Jubilee Holdings Group Chairman Nizar Juma and Company Secretary Margaret Kipchumba during an annual general meeting yesterday. [Courtesy] Jubilee Holdings shareholders yesterday approved a long-term strategic partnership with Allianz SE in five countries. The deal will see the German insurer gain a stake in Jubilee’s short-term general insurance businesses in Kenya, Uganda, Tanzania and its […]
Jubilee Holdings Group Chairman Nizar Juma and Company Secretary Margaret Kipchumba during an annual general meeting yesterday. [Courtesy] Jubilee Holdings shareholders yesterday approved a long-term strategic partnership with Allianz SE in five countries. The deal will see the German insurer gain a stake in Jubilee’s short-term general insurance businesses in Kenya, Uganda, Tanzania and its […]
The fall in the shares of the companies could be attributed to a fall in demand as foreign investors withheld their money, while others sold off their share to either keep cash or reinvest in their home countries and other markets considered safer. The market value of the companies listed on the Uganda Securities Exchange […]
The fall in the shares of the companies could be attributed to a fall in demand as foreign investors withheld their money, while others sold off their share to either keep cash or reinvest in their home countries and other markets considered safer. The market value of the companies listed on the Uganda Securities Exchange […]
Allianz SE (ETR: ALV) said on Friday that its operating in the fiscal third quarter came in slightly lower than lasts year. In an announcement last week, Allianz revealed to have entered a strategic partnership with Jubilee Holdings. Shares of the company jumped 1.5% in premarket trading on Friday. Allianz SE now has a per-share […]
Dar es Salaam Stock Exchange (DSE) activities will remain firmer as investors are likely to improve after the general election successful and safely ended. Market analysts’ projection based on the fact that both local and foreign investors activities have increased after turnover and stock prices rose last week. The DSE market turnover almost went up […]
Money Insurance Market Latest added Global Money Insurance Market research study by HTF MI offers detailed product outlook and elaborates market review till 2025. The market Study is segmented by key regions that is accelerating the marketization. At present, the market is sharping its presence and some of the key players in the study are […]
Jubilee Holdings chairman Nizar Juma during the interview. PHOTO | SALATON NJAU | NMG East Africa’s largest insurer Jubilee Holdings recently struck a Sh10.8 billion deal with Allianz SE, the largest general insurer in the world.Jubilee chairman Nizar Juma spoke to the Business Daily about the state of business now given the Covid-19 disruption and […]
Allianz says its operating profit for the third quarter fell to £2.63 billion. The German company is halting its share buyback program for 2020. Allianz’s property and casualty business was hit hardest by the COVID 19 crisis. Allianz SE (ETR: ALV) said on Friday that its operating business was down slightly in the third quarter […]
Jubilee Holdings Limited and Allianz have signed an agreement to establish a strategic partnership in the five African countries where Jubilee Insurance currently operates. The partnership aims to cover the property & casualty insurance segment in Kenya, Tanzania and Uganda as well as the short-term insurance segment in Burundi and Mauritius. JHL will retain ownership […]
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