KNRE - Kenya Re-Insurance Corporation Ltd
Kenya Reinsurance Corporation Limited is engaged in the underwriting all classes of reinsurance business and investment activities. The Company reinsures all classes of insurance business, including accident, engineering, liability, motor, fire, aviation and life. The Company operates in two segments: long term business and short term business. The short term business segment comprises of motor, marine, aviation, fire, and accident. The long term business segment includes individual and Corporation life. It also offers risk management services to its clients.
Kenya Re-Insurance Corporation Ltd is listed on the Nairobi Securities Exchange (NSE). Kenya Re-Insurance is traded on the NSE under the ticker symbol “KNRE”. The International Securities Identification Number (ISIN) of NSE:KNRE is KE0000000604. Kenya Re-Insurance Corporation Ltd is currently the 25th most valuable stock on the NSE with a market capitalization of KES 5.43 billion, which makes about 0.325% of the Nairobi Securities Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 1.92 |
| Day’s High Price | 2.05 |
| Traded Volume | 27,500 |
| Number of Deals | 15 |
| Gross Turnover | 53,296.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 2.8B |
| Market Capitalization | 5.43B |
KNRE Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -8.06% | -2.02% | +4.3% |
| 6MO | 1YR | YTD |
|---|---|---|
| +8.99% | +6.59% | +3.19% |
The current share price of Kenya Re-Insurance Corporation Ltd (KNRE) is KES 1.94. KNRE closed its last trading day (Friday, April 19, 2024) at 1.94 KES per share on the Nairobi Securities Exchange (NSE), recording a 2.1% gain over its previous closing price of 1.90 KES. Kenya Re-Insurance began the year with a share price of 1.88 KES and has since gained 3.19% on that price valuation, ranking it 30th on the NSE in terms of year-to-date performance.
Kenya Re-Insurance Corporation is the 12th most traded stock on the Nairobi Securities Exchange over the past three months (Jan 19 - Apr 19, 2024). KNRE has traded a total volume of 7.96 million shares—in 1,627 deals—valued at KES 16.1 million over the period, with an average of 126,276 traded shares per session. A volume high of 810,600 was achieved on April 5th, and a low of 3,800 on February 9th, for the same period. The table below details the last 10 trading days of activity of Kenya Re-Insurance on the Nairobi Securities Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-04-19 | 27,500 | 1.94 | +0.04 | +2.11% |
| 2024-04-18 | 35,600 | 1.90 | -0.09 | -4.52% |
| 2024-04-17 | 751,500 | 1.99 | -0.07 | -3.40% |
| 2024-04-16 | 590,200 | 2.06 | -0.01 | -0.48% |
| 2024-04-15 | 44,100 | 2.07 | -0.04 | -1.90% |
| 2024-04-12 | 96,100 | 2.11 | -0.01 | -0.47% |
| 2024-04-11 | 89,800 | 2.12 | +0.01 | +0.47% |
| 2024-04-09 | 21,400 | 2.11 | +0.02 | +0.96% |
| 2024-04-08 | 120,100 | 2.09 | -0.05 | -2.34% |
| 2024-04-05 | 810,600 | 2.14 |
Profile of Kenya Re-Insurance Corporation Limited
Kenya Re-Insurance Corporation Limited operates in the Financials sector.
Factsheet of Kenya Re-Insurance Corporation Limited
- Sector
- Financials
- Industry
- —
- Address
- Reinsurance Plaza, Taifa Road, P O Box 30271 ? 00100 GPO, Nairobi, Kenya
- Telephone
- +254-202202000
- —
- Website
- www.kenyare.co.ke
KNRE Industrial Market Competitors
Kenya Re-Insurance Corporation Limited, issuers of the KNRE stock on the Nairobi Securities Exchange, have a number of market competitors who are also engaged in the Financials sector. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| LBTY | Liberty Kenya Holdings Limited | 2.67B | 4.99 | +35.2% |
| KCB | KCB Group | 89.8B | 27.95 | +27.6% |
| EQTY | Equity Group Holdings Limited | 159B | 42.10 | +25.1% |
| SCBK | Standard Chartered Bank Limited | 73.8B | 195.25 | +20.5% |
| BRIT | Britam Holdings Limited | 14.4B | 5.72 | +19.4% |
| COOP | Co-operative Bank of Kenya Limited | 79.5B | 13.55 | +18.9% |
| NCBA | NCBA Group Plc | 74B | 44.90 | +15.3% |
| HFCK | HF Group Limited | 1.54B | 4.01 | +15.2% |
| ABSA | Absa Bank Kenya Plc | 69.5B | 12.80 | +11.8% |
| DTK | Diamond Trust Bank Kenya Limited | 14B | 50.00 | +11% |
