BRIT - Britam Holdings Limited
Britam Holdings Limited, formerly known as British-American Investments Company Ltd, is a diversified financial services company based in Kenya. The company, founded in 1965 and now commonly known as Britam, is headquartered in Nairobi, Kenya, with subsidiaries in Uganda, South Sudan, Rwanda, Tanzania, Malawi, and Mozambique. The flagship company of the group is the British-American Insurance Company (Kenya) Limited, commonly referred to by its brand name Britam Kenya. In 2011, Britam listed its shares on the Nairobi Securities Exchange.
Britam operates in the following four segments: Long Term Insurance: protection of customers against the risk of premature death, disability, critical illness and other accidents; Life Insurance: a range of products including unit linked products, education plans, whole life plans, and other conventional products; Short Term Insurance: protection of assets, particularly properties, for both personal and commercial business; Asset Management: discretionary and/or segregated portfolio management services, wealth management services, as well as unit trust funds.
|Live Trading Feed|
|Day’s Low Price||7.00|
|Day’s High Price||7.00|
|Number of Deals||5|
|Growth & Valuation|
|Earnings Per Share||-3.62|
|Dividend Per Share|
BRIT Stock Market Performance
The current share price of Britam Holdings Limited (BRIT) is KES 7.00. BRIT closed its last trading day (Monday, December 6, 2021) at 6.90 KES per share on the Nairobi Securities Exchange (NSE), recording a 0.6% drop from its previous closing price of 6.94 KES. Britam began the year with a share price of 7.26 KES but has since lost 4.96% off that price valuation, ranking it 33rd on the NSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that BRIT has lost 8% of the stock’s value from November 8th to date.
Britam Holdings is the 22nd most traded stock on the Nairobi Securities Exchange over the past three months (Sep 7 - Dec 6, 2021). BRIT has traded a total volume of 2.83 million shares—in 908 deals—valued at KES 22 million over the period, with an average of 44,968 traded shares per session. A volume high of 223,500 was achieved on October 25th, and a low of 2,500 on November 26th, for the same period. The table below details the last 10 trading days of activity of Britam on the Nairobi Securities Exchange.
Profile of Britam Holdings Limited
Britam Holdings Limited operates in the Financials sector, specifically, the Insurance industry. The company is led by Dr. Benson Irungu Wairegi (68) as its Group Managing Director. The company's board of directors, chaired by Walter Andrew Hollas, is composed of 12 members whose names are listed below.
- Wairegi, Benson Irungu (Dr.)
Group Managing Director
- Hollas, Walter Andrew
- Karama, Mohamed Said
Non-Executive Deputy Chairman
- Munga, Peter K. (Dr.)
- Kiruki, Nancy K. (Mrs)
- Mbaru, Jimnah M.
- Kigen, Caroline
- Loner, Marianne
- Odo, George
- Wandera, Stephen
- Minter, Christopher
- Ossiya, Josephine
|Factsheet of Britam Holdings Limited|
Britam Centre, Upper Hill, P. O. Box 30375-00100, Nairobi, Kenya
+254-703-094-000, +254-202-833-000, +254-705-100-100
BRIT Industrial Market Competitors
Britam Holdings Limited, issuers of the BRIT stock on the Nairobi Securities Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Insurance industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
|BKG||BK Group Plc||24.2B||27.00||+31.7%|
|EQTY||Equity Group Holdings Limited||170B||45.00||+23.1%|
|JUB||Jubilee Holdings Limited||24.6B||339.75||+19.6%|
|HFCK||HF Group Limited||1.37B||3.88||+16.9%|
|FAHR||STANLIB Fahari Income REIT||1.18B||6.54||+16%|
|ABSA||Absa Bank Kenya Plc||58.7B||10.80||+11.8%|
|KCB||KCB Group Limited||127B||41.10||+7.87%|
|NSE||Nairobi Securities Exchange Limited||2.23B||8.58||+5.15%|
|CIC||CIC Insurance Group Limited||5.83B||2.23||+4.69%|
|SBIC||Stanbic Holdings Limited||34.4B||87.00||+2.35%|