Jubilee net profit up 22pc in H1 on increased insurance income

Jubilee Holdings’ net profit for the six months ended June 2025 has increased by 21.7 percent to Sh3.06 billion on increased income from insurance, helping the underwriter maintain a Sh2 per share interim dividend.

The rise in half-year net profit from Sh2.51 billion came in a period when insurance service revenue—which is money from written premiums—rose 32.6 percent to Sh16.68 billion from Sh12.58 billion. Jubilee said the life business grew by 44 percent as the health unit posted a 29 percent growth.