Kenya Reinsurance Corporation has been ranked as the most attractive publicly traded insurance company from financial health and intrinsic value perspective in an annual analysis by Cytonn Investment. In the report, the franchise score measures the broad and comprehensive business strength of the company and the intrinsic score measures the total return potential. Sanlam Kenya ranked last as a result of poor return on tangible equity, low solvency ratio, low underwriting leverage and high claims to shareholder’s funds. On potential total return, Liberty Holdings and Britam Holdings held the first and second positions with total potential returns of 21.3 per cent and 20.8 per cent, respectively. Sanlam Kenya registered the lowest total potential return, with a potential downside of 14.9 per cent.

Source: The Star May 08, 2017 19:07 UTC