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Jubilee sets eyes on new markets in Ethiopia and DRC

Jubilee Holdings Chairman Nizar Juma. [David Gichuru, Standard]

Jubilee Holdings has made inquiries about the possibility of expanding its underwriting business to Ethiopia and the Democratic Republic of Congo (DRC).

Jubilee Holdings Chairman Nizar Juma said last Thursday that the insurer is open to acquiring an insurer in Ethiopia and setting up a greenfield licence in DRC which recently joined the East African Community (EAC).

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