Sanlam Kenya has ended a four-year streak of losses to post a Sh1.05 billion net profit for the financial year ended December 2024, boosted by higher investment income.
The net profit marks a turnaround from the previous year’s net loss of Sh126.6 million and is the first profit since 2019 when net profit stood at Sh114.39 million. The Sh1.05 billion represents a record performance for the insurer.
