Overview & History

Jubilee Holdings Limited (JHL) was founded in 1937 as the first incorporated insurance company in Mombasa, Kenya. Over the years, it has grown into a leading regional composite insurer, with operations in Kenya, Uganda, Tanzania, Burundi, and Mauritius. The company is publicly listed on several stock exchanges, including the Nairobi Securities Exchange, the Dar-es-Salaam Stock Exchange, and the Uganda Securities Exchange.

Structure & Subsidiaries

In Kenya, Jubilee operates through different specialized companies:

Jubilee Life Insurance Kenya – handles life insurance products.

Jubilee Health Insurance Limited – manages health and medical insurance.

Jubilee Asset Management Limited – provides asset management and investment services.

Jubilee Allianz General Insurance (Kenya) – a joint venture with Allianz, focusing on non-life (general) insurance such as motor, property, and business cover.

Products & Services

Jubilee offers a broad range of insurance and financial services tailored to individuals, families, and businesses:

Category Examples
Life & Investment Term life, whole life, savings and protection plans, investment-linked plans.
Health / Medical Insurance Individual and family medical covers, SME and corporate medical plans, and international health covers.
General Insurance (Non-Life) Motor insurance, property, liability, engineering, travel, SME packages, and other specialized covers.
Asset Management Money market funds, fixed income funds, unit trusts, and other investment options.
Financials & Scale

Total assets exceed USD 1.6 billion (over KES 200 billion).

Shareholders’ equity is around USD 390 million (about KES 50 billion).

The group employs nearly 1,000 people in Kenya and serves close to 2 million clients across East Africa.

Values, Vision & Strategy

Jubilee’s vision is to help people overcome uncertainty and secure their future. The company emphasizes values such as integrity, passion, teamwork, and excellence. Its strategy includes a strong focus on digital platforms, customer service innovation, and wellness initiatives to make insurance more accessible and relevant.

Regulatory & Recognition

The company is regulated by Kenya’s Insurance Regulatory Authority and has been rated by international credit rating agencies. Its subsidiaries maintain strong market positions and are often recognized for financial stability and reliability.