Sanlam half-year net profit rises fourfold to Sh124.6mn
The company said the growth was supported by an increase in insurance revenue to Sh2.2 billion...
✨ Key Highlights
Sanlam Allianz Holdings (Kenya) has announced a significant surge in its net profit for the first half of 2026, reaching Sh124.6 million, a fourfold increase from the same period last year.
- Net profit of Sh124.6 million for the half-year ended June 30, 2026.
- The company, a listed non-bank financial services provider, attributes this growth to increased insurance revenue to Sh2.2 billion.
- Group Chief Executive Officer Dr Nyamemba Patrick Tumbo highlighted the company's focus on growth, cost reduction, and a balance sheet exceeding KSh40 billion.
Continue Reading
Read the complete article from Capital Business
Part of the Day's Coverage
KCB raises interim dividend 50pc to Sh3 on higher profit - August 2026
KCB Group has announced a 50% increase in its interim dividend to Sh3 per share for the six months ended June 2026, driven by a significant rise in earnings. Co-operative Bank of Kenya separately posted 28 percent growth in net profit during the same period. Sanlam Allianz Holdings (Kenya) also reported a fourfold increase in net profit, reaching Sh124.6 million for the first half of 2026, up from the same period last year. Car & General reported its net profit increased four-fold to Sh2.6 billion in the first half of 2026, driven by robust sales growth across key markets.
Kenya Creators
Invest in Qwetu & Qejani with as little as KES 5,000!!!
THE HIGH STAKES DECADE: Why Your 40s Can Make or Break You Financially
The BEST INVESTMENT Checklist
Poverty By Ego || Andrew Muthee Gitau
Managing Millions at Your Corporate Job, But Frozen with Your Own Sh 5M?
Systemic Poverty Explained || Jimi Wanjigi
Kenya's news, briefed daily
Daily Briefs with audio, your topics, and breaking stories.
Take Kenya's news with you
Breaking stories, daily briefs, and the topics you follow - on your phone, free.
