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Kenya Reinsurance (NAI:KNRE) Altman Z-Score


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What is Kenya Reinsurance Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


Kenya Reinsurance Business Description

Traded in Other Exchanges
N/A
Address
Taifa Road, P.O. Box 30721, 15th Floor, Reinsurance Plaza, Nairobi, KEN, 00100
Kenya Reinsurance Corp operates in the insurance sector. Along with its subsidiaries, the firm provides underwriting of all classes of reinsurance business and investment activities. It operates in two segments: e long-term business and short-term business. Its short-term business segment comprises motor, marine, aviation, fire, and accident insurance, and its long-term business segment includes individual and group life insurance.