Jubilee Insurance Company Limited
Corporate brand
UnclaimedA Kenyan insurance provider and wholly owned operating subsidiary of Jubilee Holdings Limited.
Last updated August 25, 2026
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Overview
Jubilee Insurance Company Limited, commonly known as Jubilee Insurance, is a Kenyan insurance business headquartered in Nairobi and operating within the wider Jubilee Group. The company is the Kenyan operating subsidiary of Jubilee Holdings Limited, a multinational insurance holding company whose wider group has businesses in Kenya, Tanzania, Uganda, Burundi, and Mauritius. The Kenyan company is wholly owned by Jubilee Holdings, while the holding company is publicly traded on three East African securities exchanges. The business originated as a Kenyan financial-services provider headquartered in Mombasa. Over time it developed a broader East African presence, opening offices in Nairobi and other Kenyan locations as well as in regional cities including Dar es Salaam and Kampala. Historical expansion also included operations or branches in Bombay, Karachi, Mauritius, and Zanzibar. The group’s regional development was affected by the political and financial instability experienced in Uganda during the 1970s and 1980s. Its Ugandan insurance operation re-established a presence in 1992 and was subsequently operated with the DFCU Group and the Aga Khan Fund for Economic Development. Jubilee re-established a Tanzanian subsidiary in 1998, following liberalisation of ownership in the Tanzanian financial-services sector; that subsidiary was described as the country’s first privately owned insurance company to receive a licence after the liberalisation. Jubilee Insurance’s activities are associated with the principal insurance categories served by a diversified insurer, including life, health, property, and accident coverage. The available reference material does not provide a complete current product catalogue, detailed policy names, or a definitive list of flagship products, so the brand is best described at the category level rather than through specific offerings. Its historical Kenyan branch network included a Nairobi head office and offices or agency locations in Mombasa, Kisumu, Nakuru, Nyeri, Kisii, Eldoret, Meru, Thika, and Bungoma, illustrating a strategy of serving both major cities and regional commercial centres. The company has been positioned as a major participant in Kenya’s insurance market. A Kenyan Insurance Regulatory Authority report released in September 2014 ranked Jubilee Insurance first by Kenyan market share, with 11.9 percent, ahead of Britam and CIC Insurance Group. That ranking is historical and should not be treated as a current market-share measure. At group level, Jubilee Holdings’ regional structure has included majority-owned insurance subsidiaries in Uganda, Tanzania, Burundi, and Mauritius, alongside investment and financial-services businesses. The Kenyan insurance company therefore functions both as a domestic insurance brand and as the principal Kenyan operating company within a larger East African financial-services group. Jubilee Insurance’s ownership structure distinguishes it from its parent in public-market terms: the insurance company itself is a wholly owned subsidiary, while Jubilee Holdings is the listed entity. The available reference material does not identify a current chief executive, current product range, current website, or current market-share position. Its enduring brand identity is nevertheless tied to insurance provision in Kenya, regional expansion across East Africa, and membership in the Jubilee Holdings group.
History
Jubilee Insurance Company Limited developed as a Kenyan financial-services and insurance business with early headquarters in Mombasa. Its subsequent growth followed the commercial geography of East Africa. The company expanded beyond the coast into Nairobi and other Kenyan centres, while the broader Jubilee organization established or re-established operations in regional markets. Historical locations associated with the business included Dar es Salaam, Kampala, Bombay, Karachi, Mauritius, and Zanzibar. The group’s Ugandan activity encountered the difficult operating environment created by political and financial instability in Uganda during the 1970s and 1980s. Jubilee’s Ugandan subsidiary re-established its presence in 1992. It later operated with the DFCU Group and the Aga Khan Fund for Economic Development, giving the Ugandan business a locally connected ownership and partnership structure. In Tanzania, Jubilee re-established a subsidiary in 1998. The Tanzanian operation was co-owned with local investors and was described in the reference material as the first privately owned insurance company licensed in Tanzania after the liberalisation of financial-institution ownership. These developments formed part of a wider regional strategy that made Jubilee more than a single-country insurer. Jubilee Holdings Limited, the parent company, was listed on the Nairobi Stock Exchange in 1973 under the symbol JUB. In 2006, the holding company expanded its public-market footprint by becoming cross-listed on the Uganda Securities Exchange and the Dar es Salaam Stock Exchange. Jubilee Insurance Company Limited itself remained a wholly owned operating subsidiary rather than the publicly traded group entity. By the 2010s, Jubilee’s Kenyan operation maintained a network spanning Nairobi and a number of regional cities. The recorded network included a head office on Wabera Street in Nairobi and offices or agency locations in Mombasa, Kisumu, Nakuru, Nyeri, Kisii, Eldoret, Meru, Thika, and Bungoma. This footprint reflected the company’s role in serving both Kenya’s main commercial centres and secondary cities. The company’s insurance activities cover broad categories associated with a multi-line insurer, including life, health, property, and accident insurance. Specific current products and detailed historical policy launches are not identified in the supplied reference material. The company’s market position was highlighted by a September 2014 Insurance Regulatory Authority report, which ranked it first in Kenya by market share at 11.9 percent. That statistic is historical and does not establish its current ranking. Jubilee Insurance remains part of Jubilee Holdings’ regional structure. The holding company’s majority-owned subsidiaries have included the Kenyan insurer, insurance businesses in Uganda, Tanzania, Burundi, and Mauritius, as well as investment and financial-services companies. The available material does not establish a current executive roster, current financial performance, current website, or a later change in ownership. Accordingly, the brand is best documented as an active Kenyan insurance company operating under the ownership of Jubilee Holdings Limited.
- 2014
Ranked first in Kenya by reported market share
[1]A September Insurance Regulatory Authority report ranked Jubilee Insurance first in Kenya with a reported 11.9 percent market share.
- 2006
Parent company expanded exchange listings
[1]Jubilee Holdings became cross-listed on the Uganda Securities Exchange and the Dar es Salaam Stock Exchange.
- 1998
Tanzanian subsidiary re-established
[1]Jubilee re-established an insurance subsidiary in Tanzania with local investors following liberalisation of ownership in the country’s financial sector.
- 1992
Ugandan presence re-established
[1]Jubilee’s Ugandan insurance operation re-established its presence after the instability affecting Uganda during the preceding decades.
- 1973
Jubilee Holdings listed in Nairobi
[1]Jubilee Holdings Limited, the parent group, was listed on the Nairobi Stock Exchange under the symbol JUB.
Products and positioning
A major Kenyan general and life insurance provider with regional East African reach through the Jubilee Group.
Life insurance
Life insurance
Life insurance is one of the broad product categories associated with Jubilee Insurance’s Kenyan business. The supplied sources do not specify the current policy names, benefit structures, eligibility rules, or distribution channels, so this entry records the category without attributing particular products to the brand.
Health insurance
Health insurance
Health insurance is identified as a typical Jubilee Insurance offering. Available reference material does not provide a detailed current catalogue or distinguish individual medical plans, so the brand is documented here at the category level.
Property insurance
Property insurance
Property insurance forms part of the company’s broad insurance portfolio. The available source does not state which specific commercial, residential, fire, or asset policies are currently sold under the Jubilee Insurance name.
Accident insurance
Accident insurance
Accident insurance is another category associated with Jubilee Insurance. No specific product launch date, policy wording, or current product title is supplied in the reference material.
Recent events
Sources2 sources
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