Jubilee Holdings Ltd
Company Information
About
Jubilee Holdings Limited is a leading investment holding company primarily engaged in underwriting life and non-life insurance risks, including those associated with death, disability, health, property, and liability. Founded in 1937 as the first incorporated insurance company in Mombasa, Kenya, it has grown into the regional composite insurer, operating through subsidiaries like Jubilee Life Insurance, Jubilee Health Insurance, and Jubilee Asset Management. The company offers a diverse portfolio of products such as life insurance, health insurance, property and casualty insurance, retirement products, pensions, asset management solutions, and financial advisory services. It also engages in property investment, power generation, and other financial services.
Headquartered in Nairobi, Kenya, Jubilee Holdings serves over 1.35 million clients across East Africa, including Kenya, Uganda, Tanzania, Burundi, and Mauritius. It operates in key segments: Life Business, Health Business, and Asset Management, positioning itself as the number one health insurer and number two life insurer in the region by gross written premiums as of Q3 2024. The company is listed on the Nairobi Securities Exchange (NSE:JUB), Uganda Securities Exchange, and Dar es Salaam Stock Exchange, reflecting its strong financial stability and commitment to innovation through initiatives like the “Changamk@” digital platform.
With a mission to enable people to overcome financial uncertainty and a vision to protect customers' futures, Jubilee emphasizes integrity, passion, teamwork, and excellence. In 2024, it reported gross written premiums of KShs 53.0 billion (up 34%), profit before tax of KShs 6.22 billion (up 224%), and total assets of KShs 213.6 billion, underscoring its dominant market position and resilient growth in the insurance sector.