Posted: Fri, Aug 21, 200
Jubilee Holdings Ltd has announced an increase in revenue and profit for the first six months of 2009.
The Group’s half year gross revenue increased by 15.6% to Ksh 4.9 billion while the profit rose by 8.7% to Ksh 344 million.
The Chairman of Jubilee Holdings Nizar Juma attributed Jubilee’s continued good performance to the strengthening of the group’s leadership position in the East African region.
“Jubilee has a strong presence in East Africa. We are the number one insurer in Kenya, Uganda and East Africa. We are convinced of the group’s strategic growth focus and continue to explore avenues of growth in our line of business and regional expansion into other East African countries,” Juma said.
Jubilee, in partnership with the African Trade Insurance Agency (ATI), now offers a cover against Political Violence, Terrorism and Sabotage Risks to its clients in Kenya, Uganda, Tanzania, Mauritius, Burundi and Rwanda.
Prior to this, South Africa was the only country in Africa where political risks were covered.
Ismailimail 
am hapy 4 this move showig that u r confident in ur operation 2 take such high risk events. wonderful performance.
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