The Standard | by Wainaina Wambu
Listed Insurer Jubilee Holdings has reported a 1.7 per cent rise in profit for the year ended December 2020, weathering economic shocks caused by the Covid-19 pandemic.
The firm made Sh4.087 billion after-tax during the year, up from Sh4.017 billion in 2019, attributed to strict control of claims and expenses and a diversified investment portfolio.
“The year 2020 evolved into the year of survival and cast a sharp focus on the ability of businesses to withstand the sudden and extreme changes in the business operating environment…