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Liberty Life Assurance Kenya Limited
The Liberty Life Assurance Kenya Limited, commonly referred to as Liberty Life, is a Kenyan life insurance company headquartered in Nairobi, Kenya. It is among the five largest life insurance companies in Kenya. It is a subsidiary of Liberty Kenya Holdings, which is an insurance holding company with headquarters in Nairobi. Liberty Life is licensed and regulated by the Insurance Regulatory Authority of Kenya (IRA), the Retirement Benefits Authority of Kenya (RBA) and is a member of the Association of Kenya Insurers (AKI). History Liberty Life Assurance Kenya Limited can trace its roots to 1964 when it was founded as Kenya American Insurance Company Limited; the company provided insurance services, investment solutions, education and retirement savings plans. In 1987 the company had a name change to American Life Insurance Company (Kenya) Limited, ALICO. Later, in 2004, ALICO was owned by CFC Bank (now Stanbic Bank) leading to a further metamorphosis of the organization's n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Limited Company
A private limited company is any type of business entity in "private" ownership used in many jurisdictions, in contrast to a publicly listed company, with some differences from country to country. Examples include the '' LLC'' in the United States, ''private company limited by shares'' in the United Kingdom, '' GmbH'' in Germany and Austria, ''société à responsabilité limitée'' in France, and ''sociedad de responsabilidad limitada'' in the Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. However, shares can only be sold to shareholders in the business, which means that it can be difficult to liquidate such a company. Abbreviations Albania In Albania a limited liability company ( sq, Shoqëri me përgjegjësi të kufizuar Sh.p.k) is a commercial company founded by persons of physical or judicial status, who are not liable for the company and personally bear losses only up to the outstanding contribution agreeme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ALICO , a river in Sicily
{{disambig, geo ...
Alico may refer to: * Alico Arena, an athletics facility at Florida Gulf Coast University donated by * Alico (company) * ALICO Building, in Waco, Texas * American Life Insurance Company, now part of MetLife * Platani (river) The Platani ( scn, Plàtani), known in ancient Greek as the (''Lykos'', "wolf") or (''Halykos'', "Salty"), is a river in southern Sicily, Italy. It is the fifth longest in the island after Imera Meridionale, Simeto, Belice and Dittaino, with a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Nairobi
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1964
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Markets Authority Of Kenya
The Capital Markets Authority of Kenya, also known as CMA, is a government financial regulatory entity responsible for supervising, licensing and monitoring the activities of the capital markets within the Republic of Kenya, market intermediaries, including the stock exchange, and the central depository and settlement system and all other persons licensed under the Capital Markets Act of Kenya. The Capital Markets Authority regulates the capital markets sector by providing guidelines for corporate asset allocation. In the Capital Markets Act, guidelines for the amount of funds to be invested in each class of assets e.g. equities, government bonds and bills, are given in ranges. Establishment The Capital Markets Authority is a body corporate with perpetual succession and a common seal and capable, in its corporate name, of: * Suing and being sued; * Taking, purchasing or otherwise acquiring, holding, charging and disposing of both movable and immovable property; * Borrowing and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stanlib
STANLIB is a South African asset manager based in Melrose Arch, Johannesburg which is a wholly owned subsidiary of JSE-listed Liberty Holdings Limited. STANLIB operates in nine African countries, and in key developed markets globally. The company was formed in 2002 when Liberty Asset Management (LIBAM) and Standard Corporate and Merchant Bank Asset Management merged. Both of these companies at the time were subsidiaries of Liberty Holdings and Standard Bank respectively. It is the biggest unit trust company by market share, managing capital for over 400,000 clients. It runs the oldest existing unit trust in South Africa which was developed by Liberty. STANLIB manages and administers R608 billion (USD49 billion) (as at 31 December 2017) assets for more than 500,000 retail and institutional clients. History STANLIB's predecessor was incorporated in 1862 when the Standard Bank of British South Africa was founded in London. It became a South African bank in 1962. Life assurer Li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Insurance Companies In Kenya
This is a list of some of the Insurance Companies carrying on insurance business in Kenya. They are regulated by the Insurance Regulatory Authority: * CIC Insurance Group Limited * Allianz * Madison Insurancehttps://www.madison.co.ke/ * British-American Insurance Company Kenya Limited * Cannon Assurance Company Limited * Mayfair Insurance Company Limited * First Assurance Kenya Limited * GA Insurance Company * Kenya Reinsurance Corporation * Liberty Life Assurance Kenya Limited * Metropolitan Life Insurance Kenya * Real Insurance Company * Sanlam Kenya plc – was Pan Africa Life Assurance * Heritage Insurance Company * Jubilee Insurance Company Limited * UAP Holdings * Resolution Insurance Ltd * Jazapay Insurance Agency * Pioneer Assurance Company Limited *Jimmy Chuka Uni insurance company See also * Insurance Regulatory Authority * Nairobi Securities Exchange * Economy of Kenya External links Insurance Regulatory Authority [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kajiado County
Kajiado County is a county in the former Rift Valley Province of Kenya. As of 2019, Kajiado county spanned an area of 21,292.7 km2, with a recorded population of 1,117,840. The county borders Nairobi and to its south it borders the Tanzanian regions of Arusha and Kilimanjaro. The county capital is Kajiado, but the largest town is Ongata Rongai. Its main tourist attraction is its wildlife. Demographics Kajiado county has a total population of 1,117,840 people, of which 557,098 being male, 560,704 are females and 38 intersex people. There are 316,179 households with an average size of 3.5 person per household and a population density of 51 people per square kilometre. Source Administrative and political units Kajiado County is divided into 5 sub-counties and 25 Wards with Kajiado West being the largest and Kajiado North Sub-county being the smallest in terms of area in Km2 Administration units Kajiado is subdivided into five sub-counties with 25 county assembly w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kajiado
Kajiado is a town in Kajiado County, Kenya. The town is located south of Nairobi, along the Nairobi – Arusha highway ( A104 road). Kajiado has an urban population of 24,678 (2019 census). Local people are predominantly of the Maasai tribe. Kajiado is the headquarters for Kajiado County. The name "Kajiado" comes from the word "Olkeju-ado." Which means "The Long River" in the Maasai language. The seasonal river named after the town runs from West to the East of the town. The original name for Kajiado was "Olpurapurana", which means "a round elevation". Transport Kajiado has a station on the Magadi Soda Railway line which runs from Konza (on the Nairobi-Mombasa line) to Magadi. However this line operates limited passenger services, the most convenient way to travel to Kajiado from Nairobi is by using a matatu number 134, with NAEKANA sacco dominating the road transport to Kajiado town. See also * Railway stations in Kenya Railway stations in Kenya include: Maps * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nairobi Securities Exchange
The Nairobi Securities Exchange (NSE) was established in 1954 as the Nairobi Stock Exchange, based in Nairobi the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in British Kenya. The exchange had 66 listed companies in February 2021. History Founding Nairobi Stock Exchange (1954-1999) The Nairobi Stock Exchange was established in 1954 as the in Nairobi, the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in British Kenya. Previous to its founding, dealing in shares and stocks started in the 1920s when it was the British colonial Kenya Colony (1920−1963), a part of the British Empire. A stock exchange was first floated in 1922 at the Exchange Bar in the Stanley Hotel in Nairobi. However, the market was not formal as there did not exist any rules and regulations to govern stock broking activities. Trading took place o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Demerger
A demerger is a form of corporate restructuring in which the entity's business operations are segregated into one or more components. It is the converse of a merger or acquisition. A demerger can take place through a spin-off by distributed or transferring the shares in a subsidiary holding the business to company shareholders carrying out the demerger. The demerger can also occur by transferring the relevant business to a new company or business to which then that company's shareholders are issued shares of. In contrast, divestment can also "undo" a merger or acquisition, but the assets are sold off rather than retained under a renamed corporate entity. Demergers can be undertaken for various business and non-business reasons, such as government intervention, by way of antitrust law, or through decartelization. See also * Equity carve-out *Successor company A successor company takes the business (products and services) of the previous companies with the goal to maintain th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
