Jubilee half year profit holds firm at Sh1.8bn

Jubilee Holdings Chairman Nizar Juma. FILE PHOTO | NMG

Jubilee Holdings #ticker:JUB half-year net profit unchanged at Sh1.8 billion, defying a trend where insurers have posted losses or drop in profits in the wake of Covid-19.

The regional underwriter said the stable performance was due to improved insurance underwriting results from all of its operations across the region as well as returns from its investment income.

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