How Jubilee survived 2018 insurance industry losses

Jubilee Holdings #ticker:JUB sees a better 2019 despite the insurance sector having been through a very challenging period last year.

A third of insurance companies plunged to a combined pre-tax loss of Sh8.5 billion, hurt by high costs and a bearish Nairobi Securities Exchange (NSE) and other factors that conspired to sink the sector in a 68 percent dip in profitability last year.