Sanlam Allianz Holdings Posts Ksh 1.3 Billion Profit Before Tax For 2025

Sanlam Allianz Holdings (Kenya) Plc has reported a resilient financial performance for the year ended December 31, 2025, posting a profit before tax of KSh1.315 billion amid a highly competitive operating environment.

The insurer attributed the performance to disciplined underwriting, prudent expense management, and optimized reinsurance structures, alongside gains in operational efficiency, internal controls, and digitisation.

Group CEO Dr. Patrick Tumbo noted that 2025 marked a transformational year, highlighted by a successful rights issue and rebranding following the Sanlam-Allianz joint venture. He added that digitisation has become a key competitive advantage, with most new business processed through digital channels.

The Group posted a profit after tax of KSh832 million, insurance revenue of KSh4.41 billion, and a 46% jump in net insurance service result to KSh951 million. Total assets stood at KSh39.37 billion, underscoring a strong balance sheet.

Capital reserves rose sharply to KSh4.75 billion following the rights issue, while borrowings dropped by 66% to KSh1.42 billion, significantly reducing finance costs.

Despite the strong performance, the Board did not recommend a dividend, opting to preserve capital for growth.

Looking ahead, the firm plans to leverage its pan-African footprint and Allianz partnership to drive innovation, expand digital solutions, and deepen financial inclusion.

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