Jubilee Health Insurance (JHIL), a subsidiary of listed financial services company Jubilee Holdings, doubled its net profit to KSh 910 million in 2024, up from KSh 438 million in 2023.
- •The company also grew its pre-tax profit by 142% to KSh 1.22 billion, powered by digital transformation and customer-first strategies.
- •It attributes its success to operational efficiency, customer-focused programs, and bold investments in digital health platforms.
- •The company’s total equity has risen to KSh 5.1 billion.
“This performance is a reflection of our purpose-driven culture and our promise to walk with every Kenyan on their healthcare journey. We continue to invest in digital platforms and customer-focused programs like Always With You, ensuring we serve not only more people—but serve them better.”
Njeri Jomo, CEO and Principal Officer of Jubilee Health Insurance.
Jubilee Health Insurance – 2024 Key Financial Metrics
| Metric | 2024 |
|---|---|
| Pre-Tax Profit | KSh 1.22Bn |
| Net Profit | KSh 910Mn |
| Total Comprehensive Income | KSh 975Mn |
| Gross Written Premiums | KSh 13.94Bn |
| Insurance Revenue | KSh 13.48Bn |
| Insurance Service Result | KSh 546Mn |
| Return on Equity (ROE) | 19.45% |
| Equity | KSh 5.14Bn |
| Retained Earnings | KSh 2.43Bn |
| Current Ratio | 174% |
