Liberty Kenya H1 Profit Falls 30% to KSh 428Mn as Claims Surge

Liberty Kenya’s H1 2025 profit after tax fell 30% to 428Mn as higher motor and medical claims cut insurance results by 61%...
✨ Key Highlights
Liberty Kenya Holdings Plc reported a significant decline in profit for the first half of 2025, with profit after tax from continuing operations falling by nearly 30% due to a surge in insurance claims, particularly in motor and medical segments. Total earnings dropped sharply by almost 59%.
- Profit after tax from continuing operations decreased to KSh 428 million from KSh 610 million a year earlier.
- The decline was primarily driven by a 61% drop in net insurance service result, impacted by higher general insurance claims and stricter life reserving.
- A 5% growth in net investment income to KSh 2.08 billion provided some buffer against the underwriting losses.
- The company completed the sale of Heritage Insurance Tanzania in April 2025, realizing KSh 492 million in net proceeds.
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Read the complete article from The Kenyan Wall Street