Sanlam Allianz-Kenya posts pre-tax profit of KSh 1.35 billion

Financial services provider Sanlam Allianz Holdings (Kenya) Plc has posted a profit before tax of  KSh 1.35 billion at the close of the 2025 financial year, on improved digitisation and resilient business operation.

“Our 2025 results demonstrate strong execution of our strategic initiatives, underpinned by the resilience of our core business,” said the Group’s Chief Executive Officer, Dr Patrick Tumbo.

He attributed last year’s growth performance to the successful execution of a rights issue and the launch of its comprehensive corporate rebrand, with Sanlam Kenya PLC rebranding to Sanlam Allianz Holdings (Kenya) PLC.

The numbers:

The Group’s diversified revenue streams and strong fundamentals are reflected in the following key indicators:

• Profit after tax: Stood at KShs 832 million: Achieved within a macroeconomic environment of declining interest rates, which placed significant pressure on traditional investment yields.
• Insurance Revenue: Stood at KShs 4.41 billion, demonstrating steady market demand for our savings and protection products.
• Net Insurance Service Result: Surged by 46% to KShs 951 million, reflecting a significant leap in improved underwriting and claims management.
• Net Finance Expenses from Insurance Contracts: Increased to KShs 3.88billion, representing the financial adjustments and interest credited to policyholders as the Group honored its long-term contractual obligations.
• Total Assets: The Group’s balance sheet remains robust with total assets of KShs 39.37 billion.