Britam half-year profit drops on higher claims, declining yield curve

Britam

Britam Holdings Plc Group Managing Director and CEO Tom Gitogo gestures during the release of 2025 half year financial results on August 29, 2025.

Photo credit: Francis Nderitu | Nation

Britam Holdings' net profit for the half-year ended June 2025 decreased by 13.6 percent to Sh1.74 billion, as increased claims payouts and declining returns on investments put pressure on the business.

The insurer’s financial results published on Friday showed net earnings had retreated from the Sh2.04 billion it had posted in the preceding similar period last year.

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