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Jubilee posts record Sh6b profit as gross premiums jump 34pc

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Jubilee Holdings Deputy Group CEO Juan Cazcarra (left) Jubilee Holdings Group Chairman Zul Abdul (centre) and Jubilee Holdings Group CEO Dr Julius Kipng'etich during the release of the 2024 financial results. [Courtesy]

Jubilee Holdings Ltd (JHL) has announced a record Sh6.2 billion profit before tax, the first time that the insurance firm has crossed the Sh6 billion mark.

The company's profit after tax was Sh4.72 billion for the period, an 82 per cent growth on the Sh2.6 billion reported in 2023.

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