Nairobi — APA Apollo Group has reported a 43 percent rise in net profit to Sh2.8 billion for the full year ending December 2025, driven by higher insurance revenue and operational efficiency.

The Group's insurance revenue grew by 14 percent to Sh24.6 billion, supported by disciplined underwriting and improved performance across its business segments.

APA's General Insurance operations in Kenya and Uganda posted income of Sh20.2 billion, with profit before tax rising 23 percent to Sh1.32 billion.

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Meanwhile, its life insurance unit, APA Life Assurance, recorded strong growth, with total assets jumping 69 percent to Sh28.7 billion. Insurance revenue surged 50 percent to Sh4.35 billion, translating to a 66 percent increase in profit before tax to Sh583 million.

Group CEO Ashok Shah said the performance reflects a strategy focused on profitable growth and customer-centricity.

"Our 2025 performance reflects a deliberate strategy centred on profitable growth, strong partnerships, and putting our customers at the heart of everything we do," he said.

The insurer has also been expanding its product offering through partnerships. Last year, it teamed up with Hollard Health to launch an international medical cover targeting individuals, families and businesses.

The partnership followed a 20 percent stake acquisition in APA by Hollard International through its parent firm, Apollo Investment Company.

Looking ahead, the Group said it will focus on innovation, technology and data-driven solutions to scale growth and enhance customer experience.