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Jubilee increases dividend as profits jump to Sh4.7bn
From left: Jubilee Holdings Limited Group's CEO Dr Julius Kipngetich, Chairman Zul Abdul and Deputy Group CEO Juan Cazcarra pose for a picture after the release of the company's 2024 Full Year Financial Results at their offices in Upper Hill, Nairobi on April 3, 2025.
Jubilee Holdings Limited has raised its ordinary dividend for the year to December 2024 by 12.5 percent to Sh13.50 per share, after reporting a jump of 82.5 percent in net profit to Sh4.72 billion in the period.
Revenue from the insurance business rose by 13.6 percent to Sh25.68 billion, reflecting improved performance across both health and life segments. Insurance expenses, including reinsurance costs, rose by 13.4 percent to Sh24.98 billion.
