Insurance Firms On Most Profitable List at NSE

Insurance firms that are top profit-makers at the Nairobi Securities Exchange are led by Jubilee Insurance which recorded a net profit of KSh 5.55 billion with a dividend of KSh 15 per share. The firm is closely followed by a net profit of KSh 5.54 billion at the close of financial year ended 31st December 2025.

Kenya Re-Insurance Corporation is in third position with a net profit of KSh 3.92 billion in 2025. CIC with PAT at 0.51 billion, Sanlam Allianz with net profit of KSh 0.83 billion and Liberty with a PAT of KSh0.49 billion.

Insurance firms with largest balance sheet

Jubilee  also has the largest balance sheet size worth KSh 251.1 billion, Britam at KSh 243.8 billion, Kenya Re-Insurance at KSh 72.2 billion, CIC with total assets worth 73.7 billion, Liberty at KSh 46.3 billion, and Sanlam Allianz at KSh 39.4 billion.

Jubilee  share price at the NSE, as at 21st April 2026 stood at KSh 380.50, Britam at KSh 12.40, Kenya Re at KSh 3.41, CIC  at KSh 4.61, Liberty at KSh 9.54 and Sanlam Allianz shares trading at KSh 9.56.

Basic Earnings Per Share(EPS), an indicator of profitability hit KSh 80 for Jubilee, Britam KSh2.18, Kenya Re KSh 0.7, CIC KSh 0.21, Liberty KSh 0.85 and Sanlam Allianz KSh 2.01.

Sanlam Allianz posted the highest insurance service margin at KSh 21.6% while CIC  with issued a profit warning, was the only underwriter with a negative service result.

CIC , with a market capitalization of KSh 13.3billion as at April 21st 2025, is majority owned by Co-operative Insurance Society Limited with 74.3% stake, followed by Co-operative Bank CEO Gideon Muriuki at 6%, Weda Welton 1%, Nelson Kuria, Board Chairman of CIC-0.6%, Patrick Nyaga 0.5%. Patel, Baloobhai& Amarjeet 0.5%, Kenya Reinsurance Corporation 0.4% and Patrick Njogu Kariuki Family Trust 0.4%, Others 14.6% and Nominee Account Holders.

Liberty Kenya Holdings is majority owned by Standard Bank Group 73.47%, Patel Ramaben Sumantral Pursottam, Parmar Atul 2.05%, Shah Mahendra Kumar Khetshi 2.04%, National Treasury-0.86%, Joel Kibe Kamau 0.57%, Mwangi Peter Kingori 0.57%, Patel Maneshkumar and Chetna 0.45% and Mary Wambui Mungai 0.44%.