×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Jubilee Life Insurance posts Sh2.1b net profit

Jubilee Life Insurance Super-Agent Jayshree Haria celebrates her fifth consecutive 100% persistence win alongside CEO Asman Mugambi at the 2024 AKI Awards, where Jubilee Life Insurance also won three corporate awards. (Courtesy)

Insurance service provider Jubilee Life Insurance has reported Sh2.1 billion in profit after tax for the year ended December 2024 on the back of high investment income from government securities and equity investments.

The firm's net investment income hit Sh17 billion over the same period of time, up from Sh9.1 billion reported in 2023, with management upbeat over the insurer's investment approach for delivering competitive returns.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
KPRL: The trump card for Kenya Pipeline in post-stake sale era
Business
AfDB Backs Kenya's geothermal expansion with Sh2.6b loan
Opinion
Public officers' vehicle financing scheme crucial for service delivery
Business
Long-stay cargo at Mombasa Port to be moved to ease congestion