Geminia Life Profit Jumps 110% to KES 149M, Assets Hit 3.7B
Nairobi, Kenya – 27th April 2026
Geminia Life Insurance has reported a significant growth in profitability, with profit after tax rising to KES 149 million in 2025, up from KES 71.4 million recorded in 2024. This result reflects an improved bottom-line performance, driven by strategic execution. The Company’s total assets also expanded to KES 3.7 billion, up from KES 3.1 billion in the previous year, reinforcing balance sheet strength.
The Board Chair, Ms. Afrida Boinett attributed the impressive performance to disciplined strategy execution:
“Our growth is a direct result of deliberate strategic choices we made over the past year and some from the last strategic cycle. We have sharpened our focus on the customer, our processes, and innovation. We are happy that the changes we have been making have resonated well in the market.”
Despite a marginal decline in insurance revenue from KES 1 billion to KES 849 million, the Company’s investment income grew by 31% from KES 277 million in 2024 to KES 363 million in 2025, providing a strong counterbalance and reinforcing overall earnings stability.
The Managing Director, Dr. Peter Gichuru, while commenting on the results noted: “Our improved profitability and asset position show a pattern of prudent fiscal management. Our focus is on value creation for all various stakeholders, anchored on the customer. The Company’s superior performance has supported a consistent above-market return on pension funds, with the 2025 declared rate being 12.25%”.
Geminia Life’s Deposit Administration Fund maintained strong momentum, crossing the KES 1 billion mark to close at KES 1.3 billion. The Company’s Capital Adequacy Ratio (CAR) also strengthened to 181%, up from 162%, reflecting a stronger financial position and enhanced capacity to meet policyholder obligations and support future growth.
