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APA Apollo acquires two Tanzanian insurers

PRIVATEOct 27, 2026

Acquiring Company

APA Apollo Group

Acquired Company

Meticulous General Insurance Company

TanzaniaFinancial ServicesInsuranceInsurance

Description

APA Apollo Group has completed the acquisition of majority stakes in Meticulous General Insurance Company and Metro Life Assurance Company in Tanzania. The deal follows securing the required regulatory and legal approvals. Financial terms of the acquisitions have not been disclosed.

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Company Information

Company

APA Apollo Group

About

APA Apollo Group is an insurance and financial services firm that has marked its presence in general insurance, life assurance, and asset management. The company has strengthened its position in the industry and deepened partnerships with global investors. It aims to drive innovation and enhance customer value in a rapidly changing market.

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Frequently asked

Who acquired Meticulous General Insurance Company?

Meticulous General Insurance Company was acquired by APA Apollo Group. The deal was reported on October 27, 2026. APA Apollo Group is an insurance and financial services firm that has marked its presence in general insurance, life assurance, and asset management. APA Apollo Group is privately held and operates in Financial Services.

When did APA Apollo Group acquire Meticulous General Insurance Company?

APA Apollo Group's acquisition of Meticulous General Insurance Company was reported on October 27, 2026. APA Apollo Group has completed the acquisition of majority stakes in Meticulous General Insurance Company and Metro Life Assurance Company in Tanzania. The deal follows securing the required regulatory and legal approvals. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Meticulous General Insurance Company do?

Meticulous General Insurance Company is a Tanzanian general insurer covering risks such as property and motor vehicle damage. The company is chaired by Protase Ishengoma. APA Apollo has acquired a majority stake in it. It is privately held, operating in Insurance, and is based in Tanzania.

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