APA Apollo Group has announced a robust set of financial results for the year ended 31 December 2025, driven by double-digit growth in both its general and life insurance businesses, alongside strategic investments in digital transformation and partnerships.
The Group reported a 37% surge in profit before tax to KES 2.85 billion, underlining what management describes as a clear focus on sustainable, profitable growth through disciplined underwriting and operational efficiency. Total assets climbed 27% to KES 61.0 billion, up from KES 47.9 billion in 2024, while insurance revenue rose 14% to KES 24.6 billion.
General Insurance Holds Steady
APA’s General Insurance operations in Kenya and Uganda delivered resilient performance, with revenue increasing to KES 20.2 billion and profit before tax rising 23% to KES 1.32 billion. The company attributed the results to customer-centric solutions, improved risk selection, and disciplined pricing. APA Insurance maintains its position as a sector leader in this category.
Life Insurance Emerges as Growth Engine
APA Life Assurance proved to be the standout performer, accelerating the Group’s growth trajectory across all key metrics. Total assets jumped 69% to KES 28.7 billion, insurance revenue climbed 50% to KES 4.35 billion, and profit before tax soared 66% to KES 583 million. Gross written premium surged to KES 14.3 billion from KES 5.89 billion, propelling APA Life to the 4th market position.
The company noted that growth was fueled by strong Group synergies, a bancassurance partnership, and deeper relationships with clients seeking long-term financial security. Pension clients will receive a 12% net credit to their total contributions.
Strong Capital Base and Digital Push
Shareholders’ funds and statutory reserves strengthened to KES 17.65 billion, reinforcing the Group’s capital base to support future expansion and long-term obligations to policyholders.
Beyond the numbers, APA Apollo continued to invest in digital transformation, technology, data, and process optimisation. These initiatives are enhancing operational efficiency, enabling real-time customer engagement, and positioning the business to deliver more seamless insurance solutions. The Group has also focused on people and culture, empowering teams and strengthening leadership to foster accountability and service excellence.
Management Commentary
Group CEO Ashok Shah said the 2025 performance reflects a deliberate strategy centered on profitable growth and strong partnerships.
“We have built momentum across the Group by working collaboratively, investing in our capabilities, and maintaining discipline in execution,” Shah said. “As we look ahead, our focus remains on scaling through innovation, deepening customer relationships, and leveraging technology and data to deliver smarter, more inclusive insurance solutions. At the same time, we will continue to invest in our people and culture, which remain the foundation of our long-term success.”
With a strengthened balance sheet, growing market relevance, and a clear strategic direction, APA Apollo Group says it is well positioned to continue delivering value to customers, partners, and shareholders while supporting the broader growth of the insurance sector in the region.
