Britam Holdings reported a profit before tax of Sh2.5 billion for the half-year ended June 30, 2025, a decrease from Sh2.8 billion in the same period last year, despite growth in insurance revenue and investment income.

• Insurance revenue increased by 11 per cent to Sh19.7 billion from Sh17.8 billion.
• Group Managing Director Tom Gitogo attributed the profit decline to higher claims and the effects of a declining yield curve, emphasizing commitment to prompt customer claims.
• Britam’s total assets grew by eight per cent to Sh225 billion, and shareholders’ equity reached Sh31.2 billion.
• The firm did not recommend an interim dividend, opting to retain capital for growth, and is exploring expansion into new markets like the Democratic Republic of Congo (DRC).
• New innovations include automated underwriting and a recently launched electric vehicle (EV) insurance product.