Jubilee posts FY2025 growth

Jubilee Holdings ended 2025 with higher profit and premiums, extending growth as the insurer pushes deeper into life, health and pension business. (kenyanwallstreet.com) Net profit rose to 5.55 billion Kenyan shillings for the year ended December 31, 2025, up from 4.72 billion shillings in 2024. Gross written premiums and deposit administration contributions climbed to 62.4 billion shillings from 53 billion shillings. (standardmedia.co.ke) Profit before tax reached 7.18 billion shillings, up 15.4%, while the insurance service result more than doubled to 1.85 billion shillings. The board declared a total dividend of 15 shillings a share, made up of a 2 shilling interim payout and a proposed 13 shilling final payout. (kenyanwallstreet.com) For an insurer, underwriting margin is the gap between premium income and the cost of claims and servicing policies. Jubilee said that gap improved at group level in 2025 even as some health portfolios in Kenya and Uganda came under pressure from heavier claims. (kenyanwallstreet.com) The numbers also show how Jubilee has been reshaping itself. In 2025, the group said it amalgamated its health and life businesses in Uganda to improve efficiency and product delivery, while management tied the wider performance to digital innovation, cost controls and regional expansion. (standardmedia.co.ke) That shift follows several years of narrowing focus around long-term insurance lines. Jubilee’s 2023 annual report said gross written premiums were 39.6 billion shillings that year, and its 2024 results showed they jumped to 53 billion shillings as profit before tax passed 6 billion shillings for the first time. (jubileeinsurance.com) (nse.co.ke) Jubilee has also been exiting general insurance. In September 2025, the company disclosed an agreement to sell all its directly and indirectly held shares in several Jubilee Allianz general insurance businesses to Sanlam Allianz Africa. (jubileeinsurance.com) The 2025 results were released in April 2026 through Jubilee’s investor relations channels, which also listed the company’s 2025 annual general meeting materials and poll results. By then, the group was presenting the year as another step in a longer transition toward a leaner, more specialized insurance business. (jubileeinsurance.com 1) (jubileeinsurance.com 2)