be confused with jubilee holdings limited . jubilee insurance company limited type private industry financial services founded 1937 headquarters nairobi kenya key people nizar n. juma chairman patrick tumbo nyamemba managing director & ceo products insurance total assets us 812 million 2014 . 1 website homepage jubilee insurance company limited jicl commonly referred to as jubilee insurance is an insurance company in kenya the largest economy in the east african community . it is a wholly owned subsidiary of jubilee holdings limited a multinational insurance holding company which maintains its headquarters in nairobi the capital of kenya with subsidiaries in burundi kenya mauritius tanzania uganda and pakistan with plans to expand on the african continent . 2 contents 1 history 2 jubilee holdings limited 2.1 subsidiaries 2.2 associate companies 2.3 investment 3 ownership 4 kenya branch network 5 see also 6 references 7 external links history edit jubilee insurance was incorporated as a kenyan financial services provider with headquarters in the coastal city of mombasa . the company prospered and over the years opened offices in other east african cities and towns including nairobi dar es salaam and kampala . the company also opened branches in the indian city of bombay and karachi pakistan . on the indian ocean islands of mauritius and zanzibar . the company s parent jubilee holdings limited was listed on the nairobi stock exchange nse in 1973 where it trades under the symbol jub . its sister company in pakistan is listed on the karachi stock exchange under the symbol njicl . 3 following a period of political and financial instability in the 1970s and 1980s in uganda jubilee insurance uganda re established presence in 1992 . the ugandan subsidiary is co owned with the dfcu group and with the aga khan fund for economic development akfed . in 2006 jubilee holdings limited became crosslisted on the uganda securities exchange use . in 1998 the company re established a subsidiary in tanzania . jubilee insurance tanzania is co owned with local tanzanian investors . it was the first privately owned insurance company to be licensed in the country following the liberalisation of financial institutions ownership . jubilee holdings limited became crosslisted on the dar es salaam stock exchange dse also in 2006 . according to the kenyan insurance regulatory authority report released in september 2014 the jubilee insurance company of kenya was ranked first in market share with 11.9 % of the kenyan market ahead of britam and cic insurance group limited who controlled 11.2 % and 9 % respectively . 4 jubilee holdings limited edit the following is a list of subsidiaries 50 % shareholding and associated companies less than 50 % shareholding of jubilee holdings limited who together form the jubilee group . 1 subsidiaries edit the jubilee insurance company of kenya limited 100 % the jubilee insurance company of uganda limited 65 % the jubilee insurance company of tanzania limited 51 % the jubilee insurance company of burundi s.a. 70 % jubilee insurance mauritius limited 80 % jubilee financial services limited 100 % jubilee investments company limited uganda 100 % jubilee investments tanzania limited 100 % jubilee investments burundi limited 100 % jubilee center burundi 80 % associate companies edit pdm holdings limited 37.1 % ips cable systems limited 33.3 % fcl holdings limited 30.0 % ips power investment limited 27.0 % bujagali holding power company limited 25.0 % investment edit diamond trust bank group 10.27 % ownership edit jubilee insurance company limited is a 100 % subsidiary of jubilee holdings limited ; the holding company or the parent . the stock of the holding company is listed on three of the four major stock exchanges in east africa namely ; the nairobi stock exchange the uganda securities exchange and the dar es salaam stock exchange . 5 as of december 2013 update the total assets of the parent were estimated at about us 678 million kes 61.16 billion with shareholder s equity of approximately us 119 million kes 10.7 billion . 1 kenya branch network edit the company maintains the following offices in kenya as at 31 december 2013 1 head office jubilee insurance house wabera street nairobi mombasa office third floor jubilee insurance building moi avenue mombasa kisumu office third floor jubilee insurance house oginga odinga road kisumu nairobi agency office 1 third floor jubilee exchange building mama ngina street nairobi nairobi agency office 2 ground floor tulip house mombasa road nairobi nairobi agency office 3 sixth floor wing b vanguard house first crossway road chiromo road westlands nairobi nakuru office first floor polo centre kenyatta avenue nakuru nyeri office third floor sohan plaza kimathi way nyeri kisii office second floor new sansora building town centre hospital road kisii eldoret office second floor imperial court eldoret main nairobi uganda highway eldoret meru office second floor alexander house moi avenue meru thika office fourth floor thika arcade kenyatta highway at commercial street thika bungoma office first floor bungoma business centre moi avenue bungoma see also edit list of insurance companies in kenya nairobi stock exchange dar es salaam stock exchange uganda securities exchange economy of kenya list of insurance companies in uganda references edit a b c d jhl . 13 may 2014 . jubilee insurance kenya december 2013 annual report pdf . jubilee holdings limited jhl . retrieved 23 january 2015 . juma victor 1 august 2014 . jubilee holdings scouts for acquisition targets in africa . business daily africa nairobi . retrieved 23 january 2015 . jubilee life overview . jubilee life insurance company limited . retrieved 2015 02 19 . herbling david 21 december 2014 . cic rises past icea to be third largest insurance firm . business daily africa nairobi . retrieved 23 january 2015 . planting sasha 26 july 2011 . arbitrage opportunities on dual listed stocks . moneyweb south africa . retrieved 23 january 2015 . external links edit jubilee insurance homepage company profile at alacrastore retrieved from https en.wikipedia.org w index.php title jubilee insurance company limited & oldid 736238843 categories companies of kenyacompanies listed on the nairobi stock exchangecompanies listed on the uganda securities exchangecompanies listed on the dar es salaam stock exchangeinsurance companiesinsurance companies of kenyacompanies established in 19371937 establishments in kenyahidden categories engvarb from may 2013use dmy dates from may 2013articles containing potentially dated statements from december 2013all articles containing potentially dated statements navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 26 august 2016 at 04 00 . text is available under the creative commons attribution sharealike license ; 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