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Originally published by Tech Arena
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tech
August 31, 2026
20h ago

Old Mutual Holdings Returns to Profitability with KES 882M H1 Profit

Old Mutual Holdings Returns to Profitability with KES 882M H1 Profit

Old Mutual posted KES 882M profit in H1 2026, up from KES 5M, driven by stronger insurance results, investments and asset management...

✨ Key Highlights

Old Mutual Holdings has announced a significant return to profitability, reporting a KES 882 million profit after tax for the first half of 2026. This marks a substantial recovery from a modest profit of KES 5 million in the same period of 2025.

  • Profit after tax: KES 882 million for H1 2026.
  • Key Organization: Old Mutual Holdings, led by Group CEO Arthur Oginga.
  • Key driver: Insurance service result improved to KES 287 million from a loss of KES 303 million in H1 2025, supported by increased net investment results and a 32% rise in assets under management.

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