Jubilee Holdings Limited has been named the country’s Best Quoted Company (runner up) and best Pension Provider at the Capital Markets Authority (CMA) Awards 2012. According to the insurer’s official press release, Jubilee scooped the Best Pension award based on stable investment returns and exceptional customer service.

The Best Quoted Company Award was based on earnings per share, return on equity, return on assets, profitability and dividend yield. Company Chairman, Mr Nizar Juma noted that Jubilee has paid dividends every year, without fail, since 1984.

The company reported a 19% increase in profit after tax to KES 666.1 million from KES 567.8 million for the half year ended July 2012. Jubilee’s gross revenue was up 33% to KES 10.6 billion from KES 7.9 billion the previous year.

“These awards are a testimony of the high value Jubilee continues to deliver to its investors, and the strategies the company has put in place to ensure sustainability of these high returns in the long term,” said Mr Juma.

The event considers all companies listed in the Nairobi Securities Exchange (NSE), including Pan-Africa Insurance Holdings, CFC Insurance Holdings and British American Investments Company among others.

The victory follows 10 other honors that Jubilee scooped during this year’s Annual Insurance Awards. Jubilee, which was established over 70 years ago in 1937, is East Africa’s leading multi-line insurer. The company has branches in Kenya, Uganda, Tanzania, Burundi, Mauritius and Pakistan. Jubilee plans to expand its reach to 15 African countries by the year 2020.