Sanlam Allianz General Insurance (Kenya) Limited has reported a 21 percent increase in profit after tax for 2025, attributing the improved performance partly to stronger collaboration with agents, bancassurance partners and brokers.
The insurer’s profit before tax rose to KSh344 million in 2025, up from KSh284 million recorded the previous year. Insurance revenue also increased to KSh7.9 billion, compared with KSh7.4 billion in 2024.
The company announced the results during its Annual Excellence Awards gala held at its head office in Westlands, Nairobi, where it recognised intermediaries for their contribution to the business.
SanlamAllianz Kenya CEO George Kuria said the performance demonstrated renewed momentum following the integration of Jubilee Allianz and Sanlam General Insurance.
“Bringing together deeper expertise, stronger capabilities and broader experience means we can better serve our customers and partners,” Kuria said.
He identified growth of the company’s small and medium-sized enterprise (SME) business as a key priority, with the insurer seeking to provide simpler and relevant insurance solutions for Kenyan enterprises.
The insurer said the merger has strengthened its balance sheet and internal capabilities, while investments in information technology, processes and staff training are expected to enhance customer experience.
Intermediaries Rewarded
Seven agents were awarded trips to China, while 12 others won holidays to Diani. Additional awards recognised consistency, discipline and commitment to customers.
The awards covered categories including growth, product mix, profitability and Agent of the Year. Bancassurance partners were recognised for similar achievements, including Bank of the Year.
Five broker categories were also awarded, including Retention Champions, Growth, Product Mix, Profitability and Rising Stars.
The awards come as SanlamAllianz completes its regional rebrand following last year’s merger, with the company reaffirming its commitment to working with its intermediary network through 2026.