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Originally published by Techish Kenya
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August 19, 2025
3d ago

Liberty Kenya H1: Net earnings down 59 percent as Tanzania exit completes

Liberty Kenya H1: Net earnings down 59 percent as Tanzania exit completes

Liberty Kenya posts KES 260M H1 profit as higher claims squeeze margins despite stronger investment income...

✨ Key Highlights

Liberty Kenya Holdings reported a significant drop in net earnings for the first half of 2025, primarily due to higher claims and the completion of its Tanzanian exit. The company's profitability was impacted by increased payouts in both general and life insurance sectors, alongside rising finance costs.

  • Net earnings for H1 2025 fell by 59 percent to KES 260 million, compared to the previous year.
  • The decline was largely driven by a 61 percent drop in net insurance service result to KES 225 million, attributed to higher motor, medical, and group risk claims.
  • The sale of Heritage Insurance Tanzania was completed in April 2025, yielding KES 503 million in net proceeds.
  • Liberty Kenya did not declare an interim dividend for H1 2025.

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