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.
|Last Trading Results||Growth & Valuation|
|Opening Price:||--||Earnings Per Share:||1.41|
|Day's Low Price:||6.94||Price/Earning Ratio:||5.01|
|Day's High Price:||7.60||Dividend Per Share:||--|
|Traded Volume:||28,000||Dividend Yield:||--|
|Number of Deals:||13||Shares Outstanding:||2.52b|
BRIT Stock Market Performance
The current share price of Britam Holdings Limited (BRIT) is KES 7.06. The BRIT stock closed its last trading day (Tuesday, July 14, 2020) at 7.06 KES per share on the Nairobi Securities Exchange, recording a 0.86% gain over its previous closing price of 7.00 KES. BRIT began the year with a share price of 9.00 KES but has since lost 21.56% off that price valuation, ranking it 35th on the NSE in terms of year-to-date performance. Shareholders' worries are further compounded by the fact that BRIT has lost 26.61% of the stock's value from June 16 to date. The table below details the last 10 trading days of activity of Britam Holdings Limited 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 (67) 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 the Insurance industry. The table below gives you an overview of the market standing of the top 10 by year-to-date performance.
|Code||Name||Mkt. Cap.||L. Price||YearTD|
|GLD||NewGold Exchange Traded Fund||734.00m||1,835.00||+24.8%|
|KURV||Kurwitu Ventures Limited||153.41m||1,500.00||+0.00%|
|I&M||I&M Holdings Plc||41.55b||50.25||-6.94%|
|CIC||CIC Insurance Group Limited||5.81b||2.22||-17.2%|
|SCBK||Standard Chartered Bank Limited||55.39b||161.25||-20.4%|
|ICDC||Centum Investment Company Limited||15.37b||23.10||-21.7%|
|HAFR||Home Afrika Limited||186.42m||0.46||-23.3%|
|KNRE||Kenya Re-Insurance Corporation Ltd||6.47b||2.31||-23.8%|
|CFCI||Liberty Kenya Holdings Limited||4.21b||7.86||-24.1%|
|PAFR||Sanlam Kenya Plc||1.86b||12.90||-25.0%|