Jubilee Health Insurance Limited

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

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.

Related Publication

AIG Kenya Insurance Company Limited

AIG Kenya Insurance Company Limited’s national scale financial strength rating is supported by a strong financial profile, which offsets its...

Kenya Short Term Insurance Industry Bulletin

This is the fourth Kenya Short Term Insurance Industry Bulletin from Global Credit Rating Co. (“GCR”), covering the Kenyan short term i...

Credit Spotlight: Additional Considerations for Rating Islamic Finance Institutions and Sukuk

GCR’s ratings on Islamic Finance institutions (IFI) and sukuk are not subject to distinct ratings criteria, despite very specific features. O...

Available Purchase Options: