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 22nd most valuable stock on the NSE with a market capitalization of KES 5.63 billion, which makes about 0.271% of the Nairobi Securities Exchange equity market.
|Last Trading Results|
|Day’s Low Price||2.00|
|Day’s High Price||2.11|
|Number of Deals||49|
|Growth & Valuation|
|Earnings Per Share||1.06|
|Dividend Per Share|
KNRE Stock Market Performance
The current share price of Kenya Re-Insurance Corporation Ltd (KNRE) is KES 2.01. KNRE closed its last trading day (Thursday, May 19, 2022) at 2.01 KES per share on the Nairobi Securities Exchange (NSE), recording a 2% drop from its previous closing price of 2.05 KES. Kenya Re-Insurance began the year with a share price of 2.30 KES but has since lost 12.6% off that price valuation, ranking it 38th on the NSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that KNRE has lost 8% of the stock’s value from April 14th to date.
Kenya Re-Insurance Corporation is the 10th most traded stock on the Nairobi Securities Exchange over the past three months (Feb 15 - May 19, 2022). KNRE has traded a total volume of 9.82 million shares—in 1,721 deals—valued at KES 21.7 million over the period, with an average of 155,821 traded shares per session. A volume high of 2.43 million was achieved on April 4th, and a low of 2,700 on March 16th, for the same period. The table below details the last 10 trading days of activity of Kenya Re-Insurance on the Nairobi Securities Exchange.
Profile of Kenya Re-Insurance Corporation Limited
Kenya Re-Insurance Corporation Limited operates in the Financials sector.
Factsheet of Kenya Re-Insurance Corporation Limited
- Reinsurance Plaza, Taifa Road, P O Box 30271 ? 00100 GPO, Nairobi, Kenya
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.
|SLAM||Sanlam Kenya Plc||2.14B||14.85||+28.6%|
|SBIC||Stanbic Holdings Limited||40.7B||103.00||+18.1%|
|GLD||Absa NewGold ETF||534M||2,135.00||+13.6%|
|NCBA||NCBA Group Plc||43.7B||26.50||+5.16%|
|BKG||BK Group Plc||26.5B||29.55||+1.9%|
|KURV||Kurwitu Ventures Limited||153M||1,500.00|
|NSE||Nairobi Securities Exchange Limited||2.06B||7.92||-1%|
|SCBK||Standard Chartered Bank Limited||46.9B||124.00||-3.31%|
|COOP||Co-operative Bank of Kenya Limited||70.1B||11.95||-7.72%|
|CIC||CIC Insurance Group Limited||5.23B||2.00||-9.5%|