Jubilee Holdings reported earnings results for the year 2013. The company reported profits after tax grew by a slower 10% to KES 2.5 billion in 2013 compared to KES 2.28 billion a year earlier. Group chairman Nizar Juma blamed the election jitters in the first quarter of 2013 and the September 21, 2013 terrorist attack on Westgate mall for the slowed growth in year on year profitability.

Profit before tax was soared 17% to KES 3.15 billion. Earned premiums grew by 17% to KES 18.01 billion while claims climbed 28% to KES 8.56 billion.