Not to be confused with Jubilee Insurance Company Limited.
Jubilee Holdings Limited
Company type
Public company
Traded as
KN: JUB
Industry
Insurance and finance
Founded
1937 (1937)
Headquarters
Nairobi
,
Kenya
Key people
Nizar N. Juma Group Chairman Julius Kipng’etich Group CEO[1]
Products
Insurance, investments, real estate, management services
Revenue
USD 300 million (2013) Aftertax:US$27.8 million (KES:2.5 billion) (2013)
Total assets
US$678 million (KES:61.16 billion) (2013)
Number of employees
878 (2015)
Website
www.jubileeinsurance.com
Jubilee Holdings Limited is a financial services holding company, with its headquarters in Nairobi, Kenya. The company maintains subsidiaries in Kenya, Uganda, Tanzania, Burundi, and Mauritius.[2] Its activities are mainly in the insurance sector.[3]
Jubilee Holdings Limited is a large financial services conglomerate in East Africa, the Indian Ocean Islands, and parts of southwestern Asia. As of December 2013, the company controlled assets valued at over US$678 million (KES:61.16 billion), with shareholder's equity of approximately US$119 million (KES:10.7 billion)[4] The company's subsidiary in Kenya, Jubilee Insurance Company Limited, was the largest insurance company in that country, the largest economy in the East African Community, according to a report by the Insurance Regulatory Authority, released in December 2014.[5]
^Mutegi, Mugambi (10 January 2018). "Ex-Uchumi boss Kipng'etich moves on to the helm of Jubilee Holdings". Business Daily Africa. Nairobi. Retrieved 11 January 2018.
^"About Us". Jubilee Insurance. Retrieved 27 June 2020.
^Jiwaji, Aamera (2 November 2014). "Globus, Jubilee Tie Up To Boost Pan-African Insurance". African Business Magazine (London). Retrieved 23 January 2015.
^"Jubilee Holdings Limited December 2015 Annual Report" (PDF). Jubilee Holdings Limited. 31 December 2015. Retrieved 29 September 2016.
^Herbling, David (21 December 2014). "CIC Rises Past ICEA To Be Third-Largest Insurance Firm". Business Daily Africa (Nairobi). Retrieved 23 January 2015.
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