Liberty Kenya Holdings Ltd
Company Information
About
Liberty Kenya Holdings Limited (LBTY) is a Kenya-based investment holding company primarily engaged in providing insurance and wealth management services to retail and corporate markets in Kenya and Tanzania. Formerly known as CFC Insurance Holdings Ltd, the company was founded in 1964 and rebranded in 2012 to align with its parent, Liberty Holdings Limited, a South African financial services group ultimately backed by Standard Bank Group. It operates through wholly-owned subsidiaries including Liberty Life Assurance Kenya Limited (life insurance) and Heritage Insurance Company Kenya Limited (general insurance), with a majority stake in Heritage Insurance Company Tanzania Limited.
The company offers a comprehensive range of products such as life insurance, annuities, medical, fire, motor, liability, personal accident, engineering, workmen’s compensation, marine, aviation, theft, agriculture, bonds, goods in transit, and glass insurance. It also provides administration, asset management, investment, retirement, life, and education solutions, leveraging strategic partnerships like bancassurance with Stanbic Bank Kenya for extensive distribution.
Listed on the Nairobi Securities Exchange, Liberty Kenya Holdings holds a strong market position as a leader in Kenya’s insurance sector, recognized for governance, profitability, and innovation. In 2024, it reported earnings of KShs 1.4 billion, insurance revenue of KShs 10.95 billion, and a market capitalization around KES 5-6 billion, ranking among the top 30-31 most valuable NSE stocks.