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Originally published by Capital Business
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business
August 28, 2026
9h ago

Old Mutual half-year profit after tax jumps by Sh877mn

Old Mutual half-year profit after tax jumps by Sh877mn

Its insurance service generated Sh287 million, reversing a Sh303 million loss reported in the first half of 2025, following improved claims management, underwriting discipline and cost control across the Group...

✨ Key Highlights

Old Mutual Holdings PLC announced a significant surge in its half-year profit after tax, jumping to Sh882 million for the period ending June 30, 2026.

  • The company's profit after tax increased by Sh877 million from Sh5 million in the same period last year.
  • This substantial growth was primarily driven by a strong recovery in the insurance business.
  • Group Chief Executive Officer Arthur Oginga highlighted the company's focus on new growth engines and a value-led business strategy.

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