Jubilee Health Insurance Limited

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Jubilee Health Insurance Limited (2021-12)
  • Jubilee Health Insurance Limited
  • Year : Dec 2021
3 Tokens
USD 300.00

Jubilee Health Kenya is the leading medical insurance underwriter in the local market, commanding a very strong market share of 18.5% in that segment in FY20, being 3.7x larger than an average medical insurer in Kenya. Competitive strength is largely underpinned by access to shareholders’ networks, along with a strong brand, considering the insurer’s long operating history in the market.

Additional Information

The Evolving Outlook captures rating direction uncertainty post disposal of general business subsidiaries by the parent. Post the transaction, Jubilee Health Kenya may evolve as the core operating entity or an essential part of Jubilee Holdings Limited. The rating may be upgraded (downgraded) should the credit profile of the group post the transaction emerge stronger (weaker) than that of Jubilee Health Kenya.

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