Annual report - front page - Jubilee Insurance

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CORPORATE SOCIAL RESPONSIBILITY123 412The Jubilee Insurance Samaritan Award (JISA)Catherine Karori the Head of Medical, Jubilee Kenya (right) presents the JISA award to Alice Wanjiru a nurse at Maragua DistrictHospital and her nine month old baby Daisy. Ms Wanjiru won the award for risking her life to help mothers deliver when thugsstruck the hospital tying up hospital staff; after she had herself just delivered. In 2011, JISA awarded four individuals for theirextraordinary acts of charity towards others in the society.Supporting students industry visitsStudents of Mavindini Secondary School, from Makueni County, take notes as Jubilee staff members give a career guidance talkduring the student’s educational visit to Jubilee headquarters. Jubilee welcomes such visits from schools and universities as theyexpose students to practical requirements of the business world which is useful in picking their career paths.3Blood donationAlleveating challenges affecting society is close to the heart of the Jubilee team. As part of celebrations to mark Jubilee’s 75thyear in operations, Jubilee staff across all its offices in Kenya, Tanzania, Uganda, Burundi and Mauritius united to donate bloodto go towards alleviating shortfalls experienced in the countries’ blood banks. Above, Jubilee Burundi staff volunteer. Suchblood is used in emergency and other medical transfusion needs.4Intervening for the needyJubilee Kenya Chief Operating Officer (left) is taken through the functions of a digital angiography machine, a diagnostic toolfor the vascular system including the heart, by Nairobi Hospital Chief Executive Officer Dr Cleopas Mailu. Jubilee was a keypartner in a charity golf tournament in aid of The Nairobi Hospital’s Children’s Charity Heart Fund which sponsors hearttreatment for needy children, as well as creating awareness of the condition.14JUBILEE HOLDINGS LIMITEDAnnual Report and Financial Statements 2011
CORPORATE SOCIAL RESPONSIBILITY5 67 856Celebrating inauguration of Jubilee’s 75th yearJubilee Group Chairman Nizar Juma (centre) with Sultan Allana the Chairman of HBL, Director of AKFED and JHL (left) andZipporah Mungai the CEO of Jubilee Insurance Tanzania, during the function to mark the inauguration of Jubilee’s 75th yearsince inception. Jubilee is looking forward to marking its 75th birthday in August 2012, having grown to be the leadinginsurance company in Kenya, Uganda and Tanzania.Staff bondingJubilee Mauritius organized a staff get-together at the beach in December 2011. It was a time to relax and get to know teammembers better in a different, freer environment. This memorable day saw staff also exchange Christmas gifts. Staff teambuilding sessions are developed in all Jubilee offices to help staff interact and work as one united team.7Cementing relations with intermediariesJubilee agents celebrate after scooping awards during the Agency Quiz Night held in November 2011. Such activities whereagents are trained and awarded for good understanding of Jubilee insurance products are ongoing and aim at motivating andbuilding a dynamic sales force.8Jubilee the best insurerJubilee Kenya staff led by CEO Patrick Tumbo (centre) celebrate after winning 12 awards at the Insurance Awards 2011. Jubileewas the most celebrated company at the awards, emerging overall winner in Composite Underwriter of the Year, Medical InsurerUnderwriter of the Year, The Major Loss Award, The Risk Management Award and The Life Time Achievement Award forJubilee Group Chairman, Nizar N. Juma. Jubilee was runner up in seven other categories.JUBILEE HOLDINGS LIMITEDAnnual Report and Financial Statements 2011 15
Page 3 and 4: CONTENTGROUP INFORMATION 02ANNUAL G
Page 5 and 6: NOTICE OF THE ANNUAL GENERAL MEETIN
Page 7 and 8: BOARD OF DIRECTORSIvy C. NganaMrs.
Page 9 and 10: CHAIRMAN’S STATEMENT (CONTINUED)o
Page 11 and 12: REPORT OF THE DIRECTORSThe Director
Page 13 and 14: CORPORATE GOVERNANCE STATEMENTThe B
Page 15: CORPORATE GOVERNANCE STATEMENT (CON
Page 19 and 20: CONSOLIDATED INCOME STATEMENT2011 2
Page 21 and 22: COMPANY STATEMENT OF FINANCIAL POSI
Page 23 and 24: COMPANY STATEMENT OF CHANGES IN EQU
Page 25 and 26: NOTES TO THE FINANCIAL STATEMENTSAS
Page 43: NOTES TO THE FINANCIAL STATEMENTSAS
Page 66 and 67:
NOTES TO THE FINANCIAL STATEMENTSAS
Page 68 and 69:
Page 70 and 71:
Page 72 and 73:
ADVERTISEMENTS70JUBILEE HOLDINGS LI
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NOTES72JUBILEE HOLDINGS LIMITEDAnnu
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