APA Apollo Group posted strong financial results for the year ended December 31, 2025, with profit before tax rising 37% to KES 2.85 billion, driven by disciplined underwriting, operational efficiency, and growth across its insurance businesses.
The insurer said total assets increased 27% to KES 61.0 billion from KES 47.9 billion a year earlier, while insurance revenue rose 14% to KES 24.6 billion, underlining continued momentum in its core operations.
The group’s general insurance business in Kenya and Uganda delivered resilient performance, with revenue climbing to KES 20.2 billion and profit before tax up 23% to KES 1.32 billion. APA said the growth reflected stronger customer-focused products, improved risk selection, and disciplined pricing.
Its life insurance subsidiary, APA Life Assurance, emerged as a key growth engine after reporting a 69% rise in total assets to KES 28.7 billion. Insurance revenue increased 50% to KES 4.35 billion, while profit before tax jumped 66% to KES 583 million.
Gross written premiums at APA Life surged to KES 14.3 billion from KES 5.89 billion, lifting the unit to the fourth-largest position in the market. Pension clients are also set to receive a 12% net credit on their total contributions.
Shareholders’ funds and statutory reserves rose to KES 17.65 billion, strengthening the group’s capital position and supporting future expansion plans as well as long-term obligations to policyholders.
The company said it continued investing in digital transformation, data systems, and process optimisation to improve efficiency and customer engagement, while also prioritising talent development and leadership growth.
Ashok Shah said the results reflected a deliberate strategy focused on profitable growth, partnerships, and customer service.
“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,” Shah said.
With a stronger balance sheet and expanding market share, APA Apollo said it remains well positioned to deliver value to customers, partners and shareholders while supporting growth in the regional insurance sector.
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